The Chan May-Lang Co economic zone in the central province of Thua Thien-Hue has set a target of attracting over 1.5 trillion VND (70.5 million USD) this year.
To realise this, the province has invested more than 1.9 trillion VND in infrastructure in transport, electricity, water and telecommunications in order to lure more investors to the area.
It will now focus on untangling knots for businesses while creating favourable conditions for investors and businesses to implement projects.
A total of 76 administrative procedures will be applied in the economic zone, covering areas such as employment, construction, environment, planning and land management.
The Chan May-Lang Co economic zone has, so far, attracted 32 projects with a total registered capital of more than 35.4 trillion VND, including 10 foreign direct investment projects worth 21 trillion VND.
Most worthy of note is the 875 million USD resort complex of Laguna Lang Co invested by the Banyan Tree Group of Singapore.
The first phase of the 280 ha project, which houses 427 rooms and a 18-hole golf course, has been put into service, helping generate jobs for about 600 people.
The economic zone’s management board has reclaimed five projects with a combined capital of more than 4.5 trillion VND because of their low progress. Another four projects are under consideration.-VNA
To realise this, the province has invested more than 1.9 trillion VND in infrastructure in transport, electricity, water and telecommunications in order to lure more investors to the area.
It will now focus on untangling knots for businesses while creating favourable conditions for investors and businesses to implement projects.
A total of 76 administrative procedures will be applied in the economic zone, covering areas such as employment, construction, environment, planning and land management.
The Chan May-Lang Co economic zone has, so far, attracted 32 projects with a total registered capital of more than 35.4 trillion VND, including 10 foreign direct investment projects worth 21 trillion VND.
Most worthy of note is the 875 million USD resort complex of Laguna Lang Co invested by the Banyan Tree Group of Singapore.
The first phase of the 280 ha project, which houses 427 rooms and a 18-hole golf course, has been put into service, helping generate jobs for about 600 people.
The economic zone’s management board has reclaimed five projects with a combined capital of more than 4.5 trillion VND because of their low progress. Another four projects are under consideration.-VNA
