Vietnam Central Economic Zone Licenses 47 Projects Valued at US$732M to date
Vietnam’s central province of Quang Nam-based Chu Lai Economic Zone (EZ) has to date licensed 47 projects totaling US$732 million.
In the first ten months of this year, the EZ licensed four projects valued at US$52 million, including two foreign direct investment projects capitalized at US$12.5 million.
The Vietnamese government has approved VND30 trillion (US$1.67 billion) to develop the EZ from now to 2020. Of the sum, VND7 trillion will come from the state budget
The zone is targeted to bring in export turnover of between US$335 million and US$340 million create 170,000 jobs by 2020. (Banking Times)
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