Central Economic Zone Pulls in US$9.9 Bln Investments
The Nghi Son Economic Zone (EZ) in central Thanh Hoa province had attracted 238 projects worth US$9.9 billion as of late 2007; said Head of the EZ management board Le Dinh Tho.
Of the sum, foreign investors account for 62 projects valued at more than US$3 billion in total, focusing on the areas of oil refinery, sea ports, steel production and petroleum stores.
Tho added that Nghi Son EZ, with it’s its favorable transport conditions and long coastline, is emerging as an attractive destination for investors to build deep water seaports and oil refinery plants.
Last year, the zone welcomed 33 investors who came to seek opportunities in the zone and licensed 11 projects valued at US$2.2 billion.
Currently, Nghi Son stands the 3rd among Vietnam’s 10 current economic zones in attracting investments after Dung Quat EZ in Quang Ngai, Vung Ang in Ha Tinh and Chu Lai in Quang Nam.
The country plans to set up Hong La EZ in Quang Binh and Nam Phu Yen EZ in Phu Yen province this year.
Vietnam is estimated to require around VND39 trillion (US$2.43 billion) to develop its economic zones between now to 2015. (VNS)
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