VSIP Hue is located in Hue City, a centrally governed city serving as an emerging administrative, economic and cultural centre for central Vietnam, says Sembcorp in a Jan 29 announcement.
A joint venture of Sembcorp Development, a wholly owned subsidiary of Mainboard-listed Sembcorp Industries, has received approval to develop VSIP Hue, a 467ha industrial park in central Vietnam.
Sembcorp Development received approval via its Vietnam Singapore Industrial Park (VSIP) joint venture with the state-owned Becamex IDC. Sembcorp owns 49.3% of the JV.
