Emeritus Senior Minister Goh Chok Tong visited VSIP Bac Ninh

VSIP Bac Ninh is a part of Vietnam-Singapore Industrial Park Company, better known as VSIP, in Vietnam. This is a joint venture between Singapore’s Sembcorp Industries and Vietnam’s Becamex Corporation. The joint venture is considered as an iconic for the economic cooperation between Vietnam and Singapore.

Established in 2007, VSIP Bac Ninh covers an area of 700 hectares, including 500 hectares of industrial land and 200 hectares of township. Till now, the industrial park attracted 51 companies from Japan, Taiwan, Singapore, Malaysia, Vietnam, Europe, the US and South Korea, with the total investment capital of $1.13 billion. Some of companies are Nokia, Foster, Dreamtech, Pepsico and Mapletree.

Apart from VSIP Bac Ninh, VSIP is also developing four other industrial park and township complexes in Haiphong, Binh Duong and Quang Ngai.