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)
Tags: Vietnam business news, Vietnam Central Economic Zone
Posted by VBN on Nov 22 2009. Filed under Int'l Cooperation. 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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