(VNF) - The Managing Board for Vinh Phuc Industrial Zones has granted license for FLC group to invest over VND1.37 trillion in building the Chan Hung Industrial Zone (IZ) in Vinh Tuong district, Vinh Phuc province.

The project, covering on nearly 130 hectares, will be pided into two phases with the first from 2015 to 2016 and the second from 2016 to 2019.

From last August, Vinh Phuc assigned FLC group to research investment in the Chan Hung IZ. This is the second FLC-invested IZ project in the province after Tam Duong 2 IZ with a total capital of more than VND2.3 trillion.

The investment license for the Chan Hung IZ brought the total IZ in Vinh Phuc to 10 with a planned area of over 1,868 hectares.

On the basis of the IZ development scheme until 2015, with an orientation to 2020, Vinh Phuc was approved to establish 18 IZs by Prime Minister Nguyen Tan Dung. The IZs expects to cover on 5,973 hectares./.

( Hoang Quan )