Sembcorp unit wins investment licence to develop Vietnam-Singapore Industrial Park
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Sembcorp Development, a subsidiary of Sembcorp Industries, has received an investment license to develop the Ninh Xuan 2 Industrial Park in Khanh Hoa Province, Vietnam. Spanning 490 hectares, the park aims to promote sustainable industrial growth and is part of the Vietnam-Singapore Industrial Park (VSIP) initiative, which now includes 21 parks across 14 provinces. The project will feature an integrated township model to support urban solutions and attract investments. Additionally, Sembcorp announced a delay in acquiring CleanCurrent Renewable Energy's shares in Puente Al Sol, valued at approximately S$105 million.
Source: Businesstimes The copyright of this article belongs to the original author/organization.
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