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Sembcorp increases Vietnam-Singapore Industrial Parks

Lin Daoyi
Lin Daoyi • 1 min read
Sembcorp increases Vietnam-Singapore Industrial Parks
The new VSIPs are expected to support export-oriented manufacturing industries, as well as high-tech and digital economy sectors including electronics and precision engineering. Photo: Sembcorp Industries
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Sembcorp Development, through its Vietnam-Singapore Industrial Park (VSIP) joint venture with Becamex IDC, has received investment approvals to develop four new VSIPs — VSIP Hai Phong II, VSIP Ha Nam Integrated High-tech Park, VSIP Nghe An IV and VSIP Binh Duong IV.

Located in Vietnam and ranging from 80 to 630 hectares in size, the VSIPs are expected to support export-oriented manufacturing industries, as well as high-tech and digital economy sectors including electronics and precision engineering.

With the new additions, Sembcorp’s VSIP portfolio now comprises 26 industrial parks spanning more than 14,300 hectares which support high value manufacturing and digital-led growth sectors across Vietnam.

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