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Central coastal economic zone magnetises investment
The Chan May-Lang Co Economic Zone (EZ) in central Thua Thien-Hue province has so far this year attracted 7 investment projects valued at 18.3 trillion VND (1.1 billion USD), including three foreign-invested ones.
The figure brought the total number of investment projects in the EZ to 30 with a total capital of 27.47 trillion VND (1.66 billion USD).
The Chan May-Lang Co EZ, 70km from Hue city to southwest, has a natural acreage of 27,108 ha covering Lang Co town and three communes of Loc Thuy, Loc Tien and Loc Vinh of Phu Loc district with a population of 41,000.
Over the recent years, Thua Thien-Hue province has focused on developing infrastructure for tourism services in Lang Co beach and put in operation the Chan May deep-water port which is able to receive over 50,000-tonne ships.
The province also gives tax and land rent incentives to attract investors to the Chan May-Lang Co EZ, which, together with a series of other central coastal EZs, is expected to boost the development of the central region.
VNA
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