A master plan till 2025 for the South Phú Yên-North Khánh Hòa region was approved by the Prime Minister in which the region will have a total area of 351, 500 hectares.
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The region covers Phú Yên’s three southern districts of Sông Hinh, Đông Hòa, Tây Hòa and two Khánh Hòa’s northern districts of Vạn Ninh and Ninh Hòa.
The region is the gateway to the southern central coastal and central highland regions and has high potential for sea-based economic development.
Under the master plan, an oil refinery and several other interdisciplinary industrial parks will be constructed in a total area of 2,682 hectares in the Southern Phú Yên industrial zone in the 2015- 2025 period.
Large- scale trade and service centers will be built in South Phú Yên and Vân Phong economic zones while sub- regional urban areas including Ninh Hòa, Ninh Sim and Hai Riêng will become wholesale centers.
The region’s population is expected to hit 715- 725 thousand people by 2015, and about 840 thousand by 2025.
In addition, South Phú Yên waterworks with capacity of 125,000 cu.m per day will be constructed by 2015 to serve for the South Phú Yên economic zone./.
Source : VGP