Prime Minister Nguyen Xuan Phuc has approved the expansion of the Nghi Son Economic Zone (EZ) in the central province of Thanh Hoa through 2035, with a vision to 2050.

The zone will cover 106,000ha, encompassing the entire area of the old Nghi Son EZ, the remainder area of Tinh Gia District and several communes of Nong Cong and Nhu Thanh districts.

The expansion is targeted at making Nghi Son EZ a dynamic economic development area in the south of the Northern Key EZ.

The Nghi Son EZ is also expected to be an attractive destination for investment and a regional transit centre, ensuring economic development and national security.

It is hoped to become a multi-sector industrial complex focusing on petrochemical refineries and basic industries as well as building deep seaports and a human resources training centre.

The main goals from now until 2025 include improving the investment environment and constructing socio-economic infrastructure to attract investors.

After 2025, the EZ will develop industry, services, trade and finance, as well as culture and society, eco-tourism and resorts, and green urban models.

The PM called for clear assessment of the role, position, potential and development of the EZ.

The planning scheme is built in accordance with Government Decree No/44/2015/ND-CP, dated May 6, 2015, on construction planning.

The Nghi Son EZ, established in mid-2006, is some 200km to the south of the capital city of Ha Noi.

It also houses the Nghi Son seaport and the Nghi Son Oil Refinery and Petrochemical Complex – the largest of its kind in Southeast Asia. — VNS