About 130 licensed investment projects with a total registered capital of 10 billion USD are expected to operate in the Dung Quat Economic Zone of central Quang Ngai province by 2015.

The number is hoped to increase to about 150, worth up to 15 billion USD, by 2020, according to Vice Chairman of the local People’s Committee Pham Nhu So, who is also head of the EZ’s management board. The board is striving to draw at least 10 projects with a combined capital injection of 2 billion USD between 2014 and 2015.

Secretary of the provincial Party Committee Nguyen Minh suggested the management board build sustainable development plans, improve the investment climate, and make it easier for investors to do businesses there.

More attention should be paid to key projects such as the Dung Quat Oil Refinery, the Guang Lian steel mill, and the Dung Quat thermal power plant, Minh said.

Dung Quat EZ has so far granted licenses for 113 projects totalling 8 billion USD. Total industry, commerce and service value has reached 130 trillion VND (6.1 billion USD).-VNA