Automobile assembling at a Thaco factory in Chu Lai open economic zone (Source: VNA)

Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc has approved the revised master plan for the development of Chu Lai Open Economic Zone in the central province of Quang Nam to 2035 with a vision to 2050.

Under the planning, the zone will become a multisectoral maritime economic zone, a hub for the central key economic region.

It will become an urban area and a centre for automobile industry and support industries for automobile and aviation sectors, gas-power and petrochemical industries as well as high-tech industries.

The garment-textile industry and related support industries will also be developed in the zone.

In addition, the zone will be a hub for organic and high-tech agriculture as well as a tourism-service centre with close connections with Chu Lai airport and the Chu Lai-Ky Ha port system.

The zone is expected to become an international transit hub, serving international trade and exchange activities of the central and Central Highlands regions, and as a gateway to the East Sea of the Central Highlands of Vietnam, the south of Laos and the northeastern regions of Cambodia and Thailand.

By 2025, the zone’s area for industry is set to hit 3,000 hectares, along with 5,000 hectares for urban, tourism and service areas. The areas will be expanded to about 5,010 hectares and about 7,000 hectares, respectively, in 2035.

Chu Lai open economic zone is designed to become a logistics service hub of the region with close connectivity with Chu Lai-Ky Ha port system, making it attractive to investors.

The zone will prioritise the development of environmental-friendly industries.

The administrative centre of the zone will be connected to the administrative centre of Tam Ky district.-VNA