Sembcorp secures investment license for 490-hectare industrial park

Singapore Business Review
2026.01.05 02:35
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Sembcorp Development has secured an investment license for its 21st Vietnam Singapore Industrial Park (VSIP) in Khanh Hoa Province, Vietnam. The 490-hectare park, developed in partnership with Becamex IDC Corporation, is strategically located near deep-sea ports, expressways, and airports, enhancing global supply chain connectivity. The project aims to attract local and international manufacturers, focusing on export-oriented and clean-tech industries, and will feature an integrated township model combining industrial infrastructure with urban services for a sustainable future.