The Dung Quat Economic zone in the central Quang Ngai province is targeted to develop petrochemical, refinery and heavy industries in the next five years so as to turn Dung Quat city into an urban industrial and port service centre of the central key economic region.
The Dung Quat EZ has so far attracted 113 investment projects with a combined registered capital of 8 billion USD, providing jobs for more than 12,000 workers.
During the past five years, the first heavy industry complex in Vietnam was established in the zone. It includes an oil refinery, a shipbuilding factory, a heavy industry equipment manufacturing factory, a Polypropylene factory, a steel factory and a biological material factory.
Dung Quat’s strong development has contributed to the provincial socio-economic development with its annual GDP growth rate of 18.66 percent and an industrial production value of 58.1 percent in the 2006-2010 period. Its industry and construction proportion rose from 30 percent in 2005 to 58.95 percent in 2010./.
The Dung Quat EZ has so far attracted 113 investment projects with a combined registered capital of 8 billion USD, providing jobs for more than 12,000 workers.
During the past five years, the first heavy industry complex in Vietnam was established in the zone. It includes an oil refinery, a shipbuilding factory, a heavy industry equipment manufacturing factory, a Polypropylene factory, a steel factory and a biological material factory.
Dung Quat’s strong development has contributed to the provincial socio-economic development with its annual GDP growth rate of 18.66 percent and an industrial production value of 58.1 percent in the 2006-2010 period. Its industry and construction proportion rose from 30 percent in 2005 to 58.95 percent in 2010./.
