The VND1.8 trillion-project is divided into two phases. The first phase, covering a total area of 495.8 hectares, is scheduled for completion in 2020.

The second phase is expected to be deployed from 2020 to 2025, increasing the industrial zone’s area to 1,500 hectares.

The zone is expected to generate jobs for more than 40,000 local workers, create favourable conditions to attract investment for local industrial development, and increase the share of the industry sector in the province’s socio-economic development.

The industrial zone is considered as second large project in Binh Phuoc, according to Chairman of Binh Phuoc provincial People’s Committte, Nguyen Van Tram. The province will co-ordinate closely with the investor - Hai Vuong-Sikico Group - in construction and attracting investors to Anzone Industrial Zone.

On the occasion, Huynh Thanh Chung, General Manager of Hai Vuong Group and six enterprises signed some co-operation agreements, which will be implemented at Anzone Industrial Zone.