Chu Lai Economic Zone houses 72 projects

VGP – The Chu Lai Open Economic Zone has attracted 72 projects so far with the total registered capital of more than US $1.708 billion, according to the management board.

May 15, 2012 4:10 PM GMT+7

Of the projects, 18 are funded by foreign investors with total value of nearly US $200 million, are being launched.

Large-scale projects at the Chu Lai EZ include Chu Lai-Truong Hai automobile assembly factory (worth US $400 million), Chu Lai Floating Glass Factory (US $150 million), Chu Lai Soda Production Joint stock Company (US $120 million) and Cat Vang Chu Lai Resort (US $50 million).

The economic zone’s industrial production in 2011 reached VND 1,851 billion, accounting for 14.74% of the province’s total industrial value. The export value stood at US $59 million.

Last year, these projects created some 1,200 jobs, raising the total number of laborers in the economic zone to 11,000.

By Thuy Dung