At the Nghi Son Economic Zone in Thanh Hoa province (Photo: VNA)

Hanoi (VNA) - The Prime Minister has approved the expansion of the Nghi Son Economic Zone (EZ) in the central province of Thanh Hoa by 2035 with a vision to 2050.

Per the new master planning, the zone will encompass the entire area of Tinh Gia district (12 communes of the old Nghi Son economic zone and the remaining communes of Tinh Gia district); Nong Cong district’s Yen My, Cong Binh and Cong Chinh communes; and Thanh Tan, Thanh Ky and Yen Lac communes of Nhu Thanh district.

The expansion aims to turn the economic zone into a multi-sector industrial complex, with the focus on heavy and basic industries in tandem with constructing and effectively exploiting the Nghi Son seaport. Investors in the zone will enjoy special preferential mechanisms.

The zone is expected to become a driving force for the socio-economic development in the locality and the northern central region. It will be developed into a modern industrial service and tourism complex, with Nghi Son industrial city as its centre and Hai Ninh, Yen My and Thanh Tan as sustainable smart urban areas.

The Nghi Son EZ, established in mid-2006, is some 200 kilometres to the south of the capital city of Hanoi. It houses the Nghi Son seaport and the Nghi Son Oil Refinery and Petrochemical Complex - the largest of its kind in Southeast Asia.

It has served as an important gateway to connect the northern Laos and northeastern Thailand with the national marine route via roads and Nghi Son port.

PM Nguyen Xuan Phuc ordered the provincial People’s Committee to announce the new planning, as well as organise the organisation of the scheme in line with current regulations.-VNA