Five coastal economic zones to get extensive investments

Saturday, 08/18/2012 07:00
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The Government has named five coastal economic zones (EZs) which will receive extensive investments from State budget in the 2013-2015, the Office of Government announced Friday.

They include Chu Lai (Quang Nam province) and Dung Quat (Quang Ngai), Dinh Vu-Cat Hai (Hai Phong city), Nghi Son (Thanh Hoa province), Vung Ang (Ha Tinh province), and Phu Quoc (Kien Giang province).

The Ministry of Planning and Investment was assigned to work with the relevant ministries and localities to continue providing assistance for infrastructure development in these EZs in accordance with the Prime Minister’s Decision 126/2009/QD-TTg dated on October 26, 2009.

At present, Vietnam has established 15 coastal economic zones. Some of them have attracted a number of large-scale heavy industrial projects, contributing to local socio-economic development.

However, some others have been poorly planned with scattered investments and improper structure.

Source : VGP

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