Hanoi (VNA) – Gia Dinh Group and SEP Cooperative ofthe Republic of Korea (RoK) on April 13 signed a memorandum of understanding onbuilding a net-zero industrial complex in the southern province of Binh Duong.
Within the framework of the signing ceremony, a representativeof the SEP group introduced carbonneutralisation technology that will be applied at Tam Lap 2 industrial clusterin Phu Giao district. Accordingly, solar energy will be used, waste and wastewater treatment systems built and industrial waste recycled in the cluster.
Construction of the 180-ha project is expected to begin at theend of this year with an investment capital of about 200 million USD.
Tam Lap 2 will be developed based on the carbon-neutral modelpiloted at Banwol-Sihwa Industrial Complex in the RoK. Once completed, it will welcome about 20 member companies of SEPto invest here.
Binh Duong province is calling for foreign investment inenvironment-friendly projects. In February this year, BecamexIDC Corporation and Singapore-based Sembcorp Development Ltd signed anagreement under which both sides will develop five green- and smart-orientedindustrial parks in Vietnam in the next three years, some of which will be located in Binh Duong.
Currently, the third Vietnam-Singapore Industrial Park (VSIPIII) in Binh Duong is being built in line with the criteria of a green industrial park.
Denmark-based LEGO group has decided to build its firstcarbon-neutral factory in VSIP III with an investment capital of 1.3 billionUSD. The plant is expected to becomeoperational by 2024, creating 4,000 jobs for local people within the next 15years./.