MOSCOW TIME: 04.05.2024 07:04:23

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Vietnamese Investor to set up a Light Industry Complex in the Moscow Region

Vietnamese Investor to set up a Light Industry Complex in the Moscow Region

Bank for Investment and Development in Vietnam (BIDV) plans to invest into the construction of light industry complex in the Moscow Region.



Vietnamese Investor to set up a Light Industry Complex in the Moscow Region


Bank for Investment and Development in Vietnam (BIDV) plans to invest into the construction of light industry complex in the Moscow Region. Construction of light industry complex in the Moscow Region is a joint project of the region and city of Ho Chi Minh.


At the first stage of construction it is planned to develop from 200 to 500ha. Investments to make up from USD 200 to 300 million. Construction works may start in 2016, facilities will be built by 2017.


Vietnamese business companies engaged in light industry, tailoring and shoe making will participate in the project. It is also planned to set up a customs warehouse at the site.



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