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Key economic zone approved
The Government has approved a project to build the Nam Thanh -Bac Nghe Economic Zone by 2025 with a post-2025 vision.
The project will be key to the economic development of the northern part of Central Viet Nam with sectors for oil refinery and petrochemistry, a deep-sea port, tourism and agricultural, and forestry and fishery production.
The project will include an oil refinery and petrochemistry complex, a shipbuilding yard, cement factories and a thermo-electrical plant.
There will be two urban areas in Nghi Son District in Thanh Hoa Province and Thai Hoa township in Nghe An Province.
The Nam Thanh-Bac Nghe Economic Zone will cover an area of 3,413 sq.km including the Thanh Hoa Province districts of Tinh Gia, Nong Cong, Nhu Thanh and Nhu Xuan, and the Nghe An Province districts of Quynh Luu and Nghia Dan, and Thai Hoa township.
Construction Minister Nguyen Dinh Toan said the economic zone would be an active economic and favourable investment environment with high competitiveness and would be key to the country's marine economic strategy.
Transport routes and two cargo stations will also be built at Nghi Son to serve the deep sea port.
Under the project, 68km of Highway 1A and 80km of the Ho Chi Minh National Highway will be upgraded and 65km of coastal highway will be built.
According to Nghe An People's Committee vice Chairman Huynh Thanh Dien, the project will tap into the potential of the region and open many opportunities.
The provinces of Thanh Hoa and Nghe An were in the process of developing infrastructure in preparation for the project, Dien said.
vietnamnews
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