Quang Ngai Province’s People’s Committee has approved 38 Foreign Direct Investment projects till 2020.
A bird view of the Dung Quat Economic Zone in Quang Ngai Province
Leaders of the province committed to boosting up administrative procedures reform and creating open mechanisms and best investment environment for investors.
Since 2006, Quang Ngai has licensed investment certificates for 318 projects with the total registered capital of VND 181,507 billion, including 22 FDI projects, worth around US$3.9 billion.
The province now has one economic zone, three concentrated industrial parks and 16 industrial handicraft village complexes.
The Dung Quat Economic Zone in the province has attracted 111 licensed projects with the registered capital of more than US$8 billion and the realized capital of over US$4.8 billion, creating jobs for nearly 13,000 laborers.
The zone sets the goal to attract foreign and domestic investment of around US$12-15 billion, of which 50-60% will be disbursed.
Source : VGP