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Shenzhen Int plans Industrial Zone in Da Nang

01 Sep '06
1 min read

Shenzhen International Cooperation Group has decided to make major investments in Da Nang in Vietnam as the company believes that the city offers great potential.

Company has many years of experience in real-estate business and is expecting to establish Shenzhen–China Industrial Zone in a 200 hectare of land with an investment of US $200 million.

Major textile and garment companies are invited to set up their production units in this zone that will earn them nearly Yuan5 billion in turnover and provide employment to almost 10,000 labourers.

Products made using high technology, around 90 percent of which will be exported.

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