Vietnam Dung Quat EZ Expects to Attract $15B by 2015
Dung Quat Economic Zone (EZ) in Vietnam’s central province of Quang Ngai aims to lure in $15 billion in investment by 2015, Head of the Management Board, Nguyen Xuan Thuy said.
The EZ expects to create 25,000 jobs and contribute VND25 trillion to the state budget by 2015, Thuy added.
The official revealed that Dung Quat has given licenses to 113 investment projects with $9.3 billion of total registered capital since its establishment, 14 years ago.
Dung Quat is being organized into a heavy industry complex with oil refinery, shipbuilding, steel, plastic, eco-fuel, seaport and manufacturing.
In the future, it will develop into a multi-industry zone with the key industries of oil, energy, shipbuilding, steel and cement as well as seaport services and shipping, the official affirmed.
The EZ’s strong development has contributed to increasing Quang Ngai’s GDP, industrial production value and budget revenues as well as restructuring the production structure. (Great Unity)
Vietnamese
