Chu Lai OEZ obtains VND 15 trillion investment
VGP – PM Nguyen Xuan Phuc officially broke ground on the construction of four new industrial and residential projects worth over VND 15 trillion (US$ 770 million) on March 24 in Quang Nam Province’s Chu Lai Open Economic Zone (OEZ).
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The groundbreaking ceremony - Photo: VGP/Quang Hieu |
The four projects were an agricultural and forestry industrial park, the expansion of Thaco-Chu Lai Mechanical Automotive industrial park, the new wharf at Chu Lai-Truong Hai port and residential quarters for workers.
These project were funded by the Truong Hai joint-stock Automobile company (Thaco) in the Master Plan of Chu Lai Open Economic Zone until 2035 approved by the PM in 2018.
The agricultural and forestry industrial park, which was built on 451ha with an investment of more than VND 8.1 trillion (US$ 359.2 million), was designed as the largest farm produce processing zone and hi-tech agriculture Research and Development (R&D) centre for export in the central and central highlands. Once coming into operation, the center will have a total capacity to process and export 500,000 tons of fruit and farm produce each year.
The VND2.6 trillion (US$115 million) 790m wharf in the 140ha Chu Lai- Truong Hai port will handle 50,000-tonne vessels. The residential urban and resettlement scheme will cover 30 hectares and accommodate 5,000 local workers and residents. That project will cost VND2.76 trillion (US$122 million)./.
By Khanh Phuong
