Chan May- Lang Co economic zone (Source :cangchanmay.blogspot)
Thua Thien –Hue (VNA) – The Chan May-Lang Co Economic Zone in the central province of Thua Thien-Hue has 39 valid licensed investment projects, accounting for a total investment capital of over 39 trillion VND ( 1.8 billion USD).

According to the managing board, the economic zone has issued investment certificates for three projects, and adjusted investment capital for one project in 2015 with a combined registered capital of 8,739 billion VND (397 million USD).

The managing board has created favorable conditions, such as better administrative procedures, site clearance and human resource training in order to keep projects on schedule.

Nguyen Que, Head of the economic zone’s managing board, said that with its strategic position as a significant gate of the East-West economic corridor, the zone will strive to become an economic hub in central of Vietnam, while attracting more big projects in the fields of industry, technology, tourism and services.

Large projects operating in the zone include the Banyan Tree Group of Singapore’s Laguna Tourism Complex, which has an investment capital of 875 million USD. There’s also the 368 million USD project of Minh Vien Lang Co International Tourism Complex.

The economic zone aims to lure up to eight projects in the fields of industry, tourism and urban infrastructure with a total investment capital of four trillion VND (182 million USD) in 2016.-VNA