Vung Ang EZ attracts nearly $12b investment in five years

After five years of establishment and operations (July 2006-July 2011), Vung Ang economic zone (EZ) has had 103 enterprises with a total registered investment capital of nearly $12 billion.
Some projects have been completed and put into operation effectively such as Vung Ang petrol depot, Vietnam’s north central region liquefied petroleum gas (LPG) depot; Wharf No 1 and No 2, Vung Ang port together with a number of forest products processing plants for export.

The projects, large works are being speeded up the tempo such as Vung Ang I thermal power plant (1,200 MW); Son Duong Formosa Ha Tinh port and iron and steel complex and Tau Voi lake tourism services area.

Many large-scaled investment projects are completing dossiers to get investment certificates, such as petrochemical refinery with an estimated capacity of 16 million tons/year ($12.47 billion), the steel refining factory of Thach Khe Iron Joint Stock Co and Vung Ang II thermal power plant. – Vietbiz24

Posted by VBN on Jul 15 2011. 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