The Nghi Son Economic Zone (EZ) in central Thanh Hoa province isexpected to become a multi-sector industrial area with a focus onrefinery-petrochemical and basic industries in the near future.
As stipulated in a recent decision of Prime Minister Nguyen Tan Dungto amend the zone’s operational regulations, basic industries to befostered will include steel making, shipbuilding and repair,electricity, construction material production, consumer goodsmanufacturing and agro-forestry-fishery processing.
Nghi Son, currently spanning more than 18,610 hectares, will beexpanded to cover 106,000 hectares, including 66,497 hectares on themainland and island and 39,502 hectares of water surface.
The mainland and island area will be comprised of the entire Tinh Giadistrict, three communes of Nong Cong district and three communes of NhuThanh district.
As said in the decision, additionalefforts must be made from now to 2025 to improve the EZ’s businessclimate, implement key socio-economic infrastructure projects andattract more domestic and foreign investors.
Beyond2025, the zone is hoped to see comprehensive development in industry,service, commercial, financial, cultural-social and tourism sectorswhile ensuring security and defence.
Green and modern urban areas will also be developed within the Nghi Son EZ.
The Nghi Son EZ, established in mid-2006, is about 200 kilometres tothe south of the capital city of Hanoi. It is now home to 134 projects,including 124 domestic projects, with a total registered investment of96.9 trillion VND (4.5 billion USD).
In 2014, the zone attracted 41 new domestic projects with a totalregistered capital of over 3.1 trillion VND (145.7 million USD), andthree foreign-invested projects worth 40.5 million USD. That same year,it generated 18 trillion VND (846 million USD) in revenue and createdjobs for around 63,000 people.
Italso houses the Nghi Son seaport and the Nghi Son Oil Refinery andPetrochemical Complex – the largest of its kind in Southeast Asia andthe biggest foreign direct investment project in Vietnam with aregistered capital of more than 9 billion USD.-VNA
As stipulated in a recent decision of Prime Minister Nguyen Tan Dungto amend the zone’s operational regulations, basic industries to befostered will include steel making, shipbuilding and repair,electricity, construction material production, consumer goodsmanufacturing and agro-forestry-fishery processing.
Nghi Son, currently spanning more than 18,610 hectares, will beexpanded to cover 106,000 hectares, including 66,497 hectares on themainland and island and 39,502 hectares of water surface.
The mainland and island area will be comprised of the entire Tinh Giadistrict, three communes of Nong Cong district and three communes of NhuThanh district.
As said in the decision, additionalefforts must be made from now to 2025 to improve the EZ’s businessclimate, implement key socio-economic infrastructure projects andattract more domestic and foreign investors.
Beyond2025, the zone is hoped to see comprehensive development in industry,service, commercial, financial, cultural-social and tourism sectorswhile ensuring security and defence.
Green and modern urban areas will also be developed within the Nghi Son EZ.
The Nghi Son EZ, established in mid-2006, is about 200 kilometres tothe south of the capital city of Hanoi. It is now home to 134 projects,including 124 domestic projects, with a total registered investment of96.9 trillion VND (4.5 billion USD).
In 2014, the zone attracted 41 new domestic projects with a totalregistered capital of over 3.1 trillion VND (145.7 million USD), andthree foreign-invested projects worth 40.5 million USD. That same year,it generated 18 trillion VND (846 million USD) in revenue and createdjobs for around 63,000 people.
Italso houses the Nghi Son seaport and the Nghi Son Oil Refinery andPetrochemical Complex – the largest of its kind in Southeast Asia andthe biggest foreign direct investment project in Vietnam with aregistered capital of more than 9 billion USD.-VNA
