PM approves plan for central EZ

Mar 21st at 12:39
21-03-2014 12:39:23+07:00

PM approves plan for central EZ

Prime Minister Nguyen Tan Dung has approved a new development plan for the Van Phong Economic Zone in the central province of Khanh Hoa.

Under the plan, the multi-sector and multi-disciplinary zone will cover 70,000ha of land, and 80,000ha of water in Van Ninh District.

It will include the International Container Trans-Shipment Terminal, a petrochemical industrial park, petroleum and oil product trans-shipment terminal, all of which will play a key role in the development of tourism, industry, aquaculture and other industries in the region.

The zone will be developed in two areas: Van Phong's North and South. The Hon Gom peninsula and the Van Gia Town in Van Phong's North is where the International Container Trans-shipment Terminal, Port International Terminal, logistics services facilities, and urban tourism project will be constructed.

The deepwater port, industrial park, urban areas and tourism services will be built in the south of Van Phong.

In addition, Khanh Hoa Province has submitted a proposal for the construction of a Special Administrative Economic zone in the north of Van Phong.

The project has two possible outcomes – the development of a special zone for international financial development or to become an industrial-services centre.

Construction of the Van Phong Economic Zone began in 2006 and aims to be an integrated economic area in which the International Container Trans-Shipment Terminal plays a key role. 

vietnamnews



NEWS SAME CATEGORY

Dense fog causes collisions in Hai Phong waterways

During the last three weeks, thousands of goods reportedly sunk in water after ships entering the Hai Phong Port in the coastal Hai Phong City collided due to dense...

Vinh Phuc focuses on support industry

Construction began yesterday on a US$5 million motorbike and automobile spare parts manufacturing plant in the northern province of Vinh Phuc.

Quang Binh seeks $4b for 40 projects

The central province of Quang Binh is seeking nearly US$4 billion for 40 projects in highly competitive areas during 2014-15, officials said.

Two-digit export growth expected this year: report

A HSBC report released yesterday anticipates that Viet Nam's merchandise exports will grow at around 12 per cent annually between 2014-2016, although last year's...

Lax firms suffer as their brands are duplicated

Poor vigilance by Vietnamese companies has allowed the trademarks of their well-known products to be mimicked by foreign competitors—a situation that is likely to...

New agriculture stimulus discussed

The State Bank of Viet Nam and Ministry of Agriculture and Rural Development have held discussions on a new stimulus package to boost farming production chains and...

How much is Vinalines worth?

The investors’ thoughts now concentrate on the IPO of the Vietnam National Shipping Lines (Vinalines) which would go equitized in the first quarter of 2015.

What Vietnamese spend their money on?

Vietnamese rank seventh in the world in the amount of gold consumed, the third in Asia in the volume of beer drunk and it always is one of the biggest instant...

Peninsula shows hand on Quang Nam casino

US company Peninsula Pacific is expected to join with Vietnam-focused asset management firm VinaCapital to develop a $4 billion integrated casino resort in central...

Mercedes puts another $10 million into Vietnam

Mercedes – Benz has plans to pour an additional $10 million into Vietnam this year, showing the German automaker’s commitment to long-term investment in the country.


MOST READ


Back To Top