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According to the Vietnam Singapore Industrial Park (VSIP) Management Board and the VSIP Joint Venture Company, they will strive to fulfill the set targets for 2010.

Particularly, they will draw additional US$200mln in FDI capital with 30 new investment projects granted licence; get 100% of the tenancy ratio at VSIP II; perfect VSIP II-A’s infrastructure for the first phase; strive to have another 25 businesses in operation, bringing the whole park’s total revenue to US$2.67bln, up 30% compared to 2009; lure and generate jobs for 6,000 laborers; pay more than US$50mln for State budget.

As of late 2009, VSIP I and VSIP II absorbed 359 domestic and FDI projects capitalized at US$2.5bln and VND900bln. Despite difficulties last year, businesses herein worked effectively, securing US$2.05bln of total revenue and paying US$46.07mln for State budget.

Reported by Trong Minh-Translated by K.T