The Urban Development and Investment Corporation (UDIC), a leading Vietnamese infrastructure development company, has announced that its proposal for the construction and business infrastructure investment project in Phu Binh Industrial Park has been approved by the People's Committee of Thai Nguyen province. This decision, made on June 30, 2025, authorizes UDIC, listed on the Ho Chi Minh Stock Exchange as KBC, to proceed with its plans for developing key industrial infrastructure in the region.