Business

Chu Lai economic zone looks to future

Deputy Prime Minister Nguyen Xuan Phuc has urged central Quang Nam province work harder in its efforts to make Chu Lai a major economic zone and thus attract more national and international investment projects.
Deputy Prime Minister Nguyen Xuan Phuc has urged central Quang Namprovince work harder in its efforts to make Chu Lai a major economiczone and thus attract more national and international investmentprojects.

Deputy PM Phuc made the remarks at aceremony on August 17 to mark the 10th anniversary of the zone, whichis situated in Nui Thanh district, Quang Nam .

After a decade of operation, Chu Lai EZ has granted permission for 89projects with a total registered investment of over 1.5 billion USD,including 21 bankrolled by foreign investors. So far, 62 of these havebecome operational, worth a total investment of 783 million USD.

Developments in the zone have created jobs for nearly 50,000 direct and indirect workers in the locality.

Comprising 24 communes and five industrial parks spread over 3,500hectares, Chu Lai been chosen as one of five key economic zones to beprioritised in the 2013-2015 period.

During theceremony, the zone was presented with the Labour Order, third class, forits contributions to the national economy.

To markthe occasion, the zone granted an investment licence to the DoctorThanh company allowing it to build an industrial park and internationalport covering an area of 709 hectares and worth a total value of 1.6billion USD.-VNA
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