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Seminar reviews Quang Nam’s ten years of development
The central province of Quang Nam has attracted US$130 million in ODA and VND 14 trillion worth of domestic investment, plus 73 foreign invested projects with a total registered capital of US$690 billion during the past decade.
The figures were released at a seminar held on August 31 in Hoi An town in the central province of Quang Nam entitled “Quang Nam – ten years of development.”
The province is now home to the Chu Lai Open Economic Zone, plus seven other industrial parks which have attracted more than 250 industiral factories, ten hydro-power plants and more than 180 hotels and tourism areas.
The domestic and foreign invested projects have had positive impacts to the local shifting of economic structure, contributing to promoting Quang Nam’s rural industrialisation and modernisation.
The projects have created jobs for over 271,000 workers, helping reduce the number of poor households to 24% and increase per capita income from VND 2.1 million a year in 1997 to VND 8.6 million a year ten years later.
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