Dung Quat EZ Lures US$5.4Bln Investment
The Dung Quat economic zone (EZ) in central Quang Ngai province has licensed 119 tenants with a total registered capital of US$5.4 billion, said the zone’s management board.
Of the figure, 34 projects, which are operational, have paid tax of VND377 billion (US$23 million), making up 46 per cent of the local tax payments in the January-August period of this year and generated 1,000 new jobs, the board said.
Prime Minister Nguyen Tan Dung in August approved a general plan on the development of fast-growing Dung Quat EZ up to 2020, aiming to turn it into a central region’s urban-industrial-service center in the near future, state media reported.
Accordingly, the 10,300-ha Dung Quat will be developed into a multi-sector EZ covering the areas of industry, trade, tourism, services, urban areas and agro-forestry-fishery business, with oil refinement and petro-chemistry being its spearhead sectors. (Vietnam