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Plan to expand Dung Quat economic zone
The Dung Quat Economic Zone (EZ) in the south-central province of Quang Ngai will have its total planned area raised to more than 45,300ha under a revised master plan for the zone until 2025, approved by Prime Minister Nguyen Tan Dung last Thursday.
It will be expanded from the current 10,300ha to cover an extra 24,280ha of land and 10,752ha of sea surface.
The plan calls for EZ to become a general multi-sectoral and multi-disciplinary zone, with a focus being put on oil refining, petrochemical, chemical and heavy industries.
Its heavy industries will include steel-smelting and-rolling, shipbuilding and other industries that can exploit the uses of the deep-water seaport.
The EZ has also been designed to become an open industrial town, a national oil-refining and petrochemical centre, and an industrial and port services urban centre in the central key economic zone comprising Van Tuong, Doc Soi, and Chau O-Binh Long urban areas.
Apart from existing industrial parks, the EZ will be expanded with more industrial parks, and Dung Quat seaport No.2 to be built in the southern and southeastern areas.
The traffic network will also be extended with the construction of Da Nang-Quang Ngai expressway along the EZ's western border. A railway line and a 50ha warehouse will be built as well.
The zone's waterway will be located at port clusters at Dung Quat No.1, Dung Quat No.2 and Ly Son seaports.
Lying outside of the zone's precinct, Chu Lai Airport will serve as the main gateway to the EZ.
After 14 years of construction and development, Dung Quat Economic Zone has been recognised as one of the most successful pioneers among the country's EZ models, registering an average 2006-10 annual growth rate of 18.53 per cent.
The zone's industrial production value has annual increased of 53.6 per cent, contributing significantly to the socio-economic development of Quang Ngai Province.
The EZ is home to the country's first heavy industry cluster, including the Dung Quat oil refinery, a heavy-equipment manufacturing factory, plastic-making factory, steel-smelting and – rolling factory, and a planned biofuel factory.
As of January, a total 113 projects had obtained zone investment certificates, with total registered capital of US$9.3 billion and implemented capital of $5 billion, creating 12,000 jobs.
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