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6 new projects invested in Phu Yen IZs

Industrial zones (IZs) in Phu Yen province attracted six new projects in 2011, bringing the total number of projects to 78 with a combined registered capital of US$130 million.

The new investments included major projects such as the Hoa Tam and Vung Ro Oil Refinery projects.

Truong Phuoc Cuong, head of the IZ managing board in Phu Yen, predicts that the prospects for attracting more investment will be brighter in 2012, as the province is offering many incentives for investors, such as land-use tax and simplified administrative procedures. – VOV

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Posted by VBN on Jan 3 2012. Filed under Investment. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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