The US-based L2G Holdings has signed a deal with Le Hai Construction and Trading Co to partially finance the construction of the $4.5-billion Dinh An Economic Zone in Tra Vinh Province in the Mekong Delta.
Le Hai received approved Tuesday from provincial authorities to build the 39,000-hectare EZ, which will have an industrial park and a petrochemical plant in its first phase which will be finished by 2020.
It is not known if the US firm will pick up a stake in the project or merely lend the money.