Signing of Credit agreement for the New Xay Da B Industrial Cluster technical infrastructure development project
08/06/2026 12:06
On May 27, 2026, a credit agreement was signed between the Vietnam Development Bank (VDB) – Ninh Binh Branch and the Soc Trang Industrial Investment Joint Stock Company to provide State investment credit financing for the New Xay Da B Industrial Cluster technical infrastructure development project. The maximum loan amount is VND 393 billion, with a maturity term of 96 months.
With a total investment of VND 622 billion, the project will be developed across an area of 50 hectares in Xay Da B Hamlet, Ho Dac Kien Commune, Chau Thanh District, Can Tho City. The project aims to attract secondary investors in sectors, such as agricultural, forestry, and fishery processing; mechanical engineering; electrical and electronics manufacturing; leather and footwear; textiles and garments; and other supporting industries, thereby contributing to the socio-economic development of the locality./.