The index of industrial production (IIP) in the central province of Nghe An in the first three months of 2018 is forecast to rise 15.21 percent (Photo: VNA)Nghe An (VNA) – The index of industrial production (IIP) in thecentral province of Nghe An in the first three months of 2018 is forecast torise 15.21 percent against the same time last year, according to the provincialDepartment of Industry and Trade.
The processing industry experienced an increase of 18.02 percent year on yearthanks to local plants’ stable operation.
Some industrial products that posted high IIP growth included cement (47.19percent), yogurt (28.01 percent), milk (18.06 percent), sugar (15.58 percent)and commercial electricity (15.24 percent).
During the period, the province approved 23 industrial projects withtotal capital of more than 4.16 trillion VND (166.4 million USD). They includedthe Trung Do material building production complex, Masan Nghe An beer andbeverage plant, FLC-Tan Ky Nghe An high-tech agriculture zone and a Biomassfuel plant.
The province also aims to hasten the construction of some garment plants,hydropower projects and projects in the Vietnam-Singapore Industrial Park(VSIP), while working to develop infrastructure in VSIP and Hermarj and DongHoi industrial parks.-VNA
VNA
