Vietnam Economic Zone Attracts US$15.3B Projects So Far

5:10:52 PM | 12/10/2009

Vietnam's central province of Khanh Hoa-based Van Phong economic zone (EZ) has to date licensed 84 projects totaling US$15.3 billion.
 
Between January and November, the EZ’s authority licensed 13 projects totaling VND4.718 trillion and allowed three existing projects to add US$66.8 million.
 
The province has approved a list of 49 projects with a total investment of US$4.7 billion to call for foreign and domestic investments through 2015.
 
The projects include expansion of Van Phong International Transshipment Port and construction of Hon Gom Trade and Service Complex.
 
Other projects are in the fields on industry, construction, tourism service, agriculture, forestry and communication technology.
 
The province, which is a center of tourism and shipbuilding in Vietnam, now home to five shipyards including Hyundai-Vinashin, Nha Trang, Cam Ranh, Nam Cam Ranh IP and South Korea’s STX.
P.V