Quang Ngai calls new investors for revoked projects

Friday, Sep 15, 2017 14:00

Hoa Phat-Dung Quat Steel company becomes the first investor covering a revoked project in the Dung Quat Economic Zone in Quang Ngai Province. Six investment projects, which had been revoked between 2010-15, are chances for new investors flocking to the province. — VNS Photo Cong Thanh

The central province of Quang Ngai has called for new investors in six projects that their investment licenses revoked due to delays from 2010 to 2015.

Head of Dung Quat Economic Zone’s management board, Nguyen Minh Tai, said the six projects had registered to invest in the zone, but all only either not started work or only done a little.

Tai said the province has offered favourable conditions to draw new investors to revive the projects.

He said two new investors – the Hoa Phat-Dung Quat Steel company and Messeeser industrial gas company – have agreed to cover an industrial ship-building complex.

The other five projects include a seaman’s club, workers’ apartment, a villa in Van Tuong Urban Area and an apartment east of the Tra Bong River, and a hotel-restaurant and service complex.

These projects have been deserted for years, wasting natural resources and investment opportunities.

The 45,000ha Dung Quat Economic Zone is one of five key coastal economic zones in Viet Nam that has been prioritised for infrastructure development.

Nineteen industrial parks are available to investors with ready infrastructure ready, according to the management board.

According to latest reports, the province has attracted 36 foreign direct investment projects, worth $4 billion. — VNS

Comments (0)