S.Korean Firm Plans to Build IP, Tourism Area in Vietnam EZ

5:21:56 PM | 6/9/2010

South Korea’s C&N Vina Ltd plans to build an industrial park and tourism area in Chu Lai Economic Zone (EZ) in Vietnam’s central province of Quang Nam.
 
Lee Chung Keun chairman of the firm revealed the plan at a meeting with authorities of the zone.
 
At the event, Le Phuoc Thanh, chief of the EZ management board pledged to facilitate the foreign firm to invest in Chu Lai EZ.
 
Chu Lai EZ attracted $274 million from foreign and domestic projects in the first five months of this year, surpassing 40% of total registered capital in 2009.
 
Vietnam plans to invest VND30 trillion into infrastructure development of Chu Lai EZ from now to 2020. (Investment, www.chulai.gov.vn)