SIGNING CEREMONY OF CREDIT CONTRACT FOR THUA THUA INDUSTRIAL ZONE PROJECT

 13/02/2020 

     With the approval of the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV), on February 11, 2020, BIDV Ba Ria-Vung Tau branch and Thu Thua IDICO-CONAC Urban and Industrial Zone Development JSC (IDTT) held a Signing Ceremony of a Credit Contract to finance the capital of Thu Thua Industrial Zone.

     This is one of the key projects of Long An Province with a large total investment (VND 1,795 billion) directly appraised and lent by BIDV Bank, Ba Ria-Vung Tau branch with the amount of VND 737 billion. Earlier, on September 4, 2019, BIDV Bank, Ba Ria-Vung Tau branch also sponsored the credit capital of Thu Thua Garden House project with the amount of VND 210 billion, bringing the total funding to VND 947 billion.

     Attending the signing ceremony, there were Mr. Le Xuan Hai - Director of BIDV Bank in Ba Ria - Vung Tau branch and representatives of BIDV Bank of Long An branch; Ba Ria Branch; Vung Tau-Con Dao branch. From the IDTT Company, there were Mr. Le Thanh Tung - Chairman of the BOD; Mr. Doan Dac Hieu - General Director and representatives of leaders from companies are major shareholders of IDTT.

Mr. Doan Dac Hieu - General Director of IDTT reported the status of implementing the IZ project and sent his gratitude to BIDV Bank of Ba Ria Vung Tau branch.

     At the ceremony, Mr. Doan Dac Hieu - General Director reported the status of implementing the IZ project, expected to have available clean land for investors to sublease land in Quarter IV / 2020. Mr. Doan Dac Hieu would like to express his deep gratitude and thanks to the leaders, Big Shareholders, partners who are Consultants, Construction Contractors and especially BIDV Bank, Ba Ria-Vung Tau branch has always trusted, supported and accompanied with IDTT during the past time.

     “With the help and supports of the partners, with the efforts of the BOD and the staffs, I believe that Thu Thua Industrial Zone will be implemented to ensure progress and attract investors early and contribute to socio-economic development of Thu Thua district in particular and Long An province in general ”- Mr. Doan Dac Hieu shared.

Mr. Le Xuan Hai - Director of BIDV, Ba Ria-Vung Tau branch spoke at the ceremony

     Speaking at the ceremony, Mr. Le Xuan Hai - Director of BIDV, Ba Ria-Vung Tau branch highly appreciated the project of Thu Thua Industrial Zone, in accordance with the development orientation of Long An province; and on the basis of the long-term cooperation between the two sides, he believes that the project will be successful and a premise for many other orientations in the future.

 Both party signed the credit contract of Thu Thua Industrial Zone project

From left to right: Mr. Le Manh Hung - Director of BIDV Vung Tau Con Dao, Ms. Nguyen Thanh Thuy - Director of BIDV Ba Ria, Mr. Le Xuan Hai - Director of BIDV Ba Ria Vung Tau, Mr. Le Thanh Tung - Chairman of IDTT Board, Mr. Doan Dac Hieu - General Director of IDTT, Mr. Vo Minh Dung - Director of BIDV Long An and Mr. Dang Thanh Hien - Director of BIC Vung Tau.

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