The Vung Ang Economic Zone in the central province of Ha Tinh, hasattracted nearly $12 billion from 103 investors, including 24foreigners, since its inception five years ago.
The figures were released by Ho Anh Tuan, Head of the Management Board of the Vung Ang Economic Zone on July 10.
Covering an area of nearly 23,000 ha with advantages in the fields of trade, services, eco-tourism and resorts, the zone is now home for many national key projects.
Of them, the Vung Ang oil and gas depot, the Bac Trung Bo liquefied gas depot, the Vung Ang port and a number of factories to process forestry products for exports were completed and have been put into operation.
A number of other large projects are gearing up, including 1,200 MW Vung Ang 1 thermoelectric power plant, with an investment capital of $1.56 billion and Son Duong-Formosa steel and port complex that has an investment capital of $7.9 billion for the first phase.
Many other large-scale projects are completing procedures for investment licences. They include a 16 million-tonne- a-year oil refinery worth $12.47 billion, a 2 billion-tonne-a-year steel plant and 1,200 MW Vung Ang 2 thermoelectric power plant.
VIR