Vietnam Central Province to Invest VND1.7 T in Van Phong EZ
The central province of Khanh Hoa will issue bonds worth VND1.7 trillion (around US$100 million) between 2010 and 2014 to build infrastructure for the Van Phong Economic Zone (EZ).
The capital will be poured into transport projects, compensation for site clearance and the building of resettlement areas for households affected by the construction of the EZ.
Established in 2006, the 150,000-hectare Van Phong EZ, aims to become a multi-sector economic zone, with an international container transshipment port, focusing on projects in tourism, services, industry and aquaculture. (Youth)
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