Gia Dinh Group and SEP Cooperative of the Republic of Korea (RoK) have signed a memorandum of understanding on building a net-zero industrial complex in the southern province of Bình Dương, based on the carbon-neutral model piloted at Banwol-Sihwa industrial complexes in Korea.
Within the framework of the signing ceremony, a representative of the SEP group introduced carbon neutralization technology that will be applied at Tam Lap 2 Industrial Cluster (Phu Giao, Binh Duong). Accordingly, solar energy will be used, waste and wastewater treatment systems built and industrial waste will be recycled in the cluster.
This 180-ha Tam Lap 2 Industrial Cluster project is expected to begin at the end of this year with an investment capital of about US$200 million. Once completed, it will welcome about 20 member companies of SEP to invest here. With the trend of the carbon-neutral model, Bình Dương Province is calling for foreign investment in environmentally friendly projects, as the Denmark-based LEGO group’s first carbon-neutral factory in VSIP III.