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Fields should focus on attracting investment into Dung Quat Economic Zone and Quang Ngai Industrial Parks.

To continue to promote and exploit the existing potentials and advantages such as the deep- sea ports system, synchronous infrastructure and land fund for industrial development, etc. In the coming time, Dung Quat Economic Zone and Quang Ngai Industrial Parks Authority (DEZA) will focus on attracting sectors which Dung Quat EZ and Quang Ngai IPs has comparative advantages so that It can contribute to develop Quang Ngai soon become a modern industrial province.

Associated with deep-water seaports

In the investment promotion program in the period 2017-2020 promulgated by the provincial People’s Committee in May 2017, sectors and fields which need to attract investment in Dung Quat EZ should ensure to exploit the advantages of deep seaport and development of Dung Quat EZ in accordance with the planning orientation is the National Petrochemical Refinery Center, which is an industrial city.

Dung Quat I, a major wharf area with a general and containerized cargo wharf for ships of between 10,000 and 50,000 DWT.

DEZA will focus on attracting projects in the fields of: petrochemical, electricity and gas, large- scale heavy industry, infrastructure investment in industrial parks, supporting industries, urban – tourism – service, etc. In addition, priority is given to calling for investment in the field of logistics, infrastructure and port services, warehousing, etc to make Dung Quat EZ become a port service center so that can meet the demand of economic development.

Typical projects are Gas Power Plant (from the Green Whale Gas field), with the scale of 1,200MW – 2,400MW; petrochemical projects, chemicals; auxiliary projects; metal production and steel processing; production of hot plywood; investment projects on industrial zone infrastructure; logistics development, seaport infrastructure; hi-tech agricultural area; Van Tuong Ecotourism Resort …

As for the industrial zones of the province, calling for investment projects such as investment in infrastructure business in Pho Phong and Dong Dinh; Production of precision mechanical equipment, auxiliary equipment for automobile assembly; production of computers, mobile phones, information and electronic connection devices; food processing, beverage, agro-forestry-fishery processing; biofuel production; textiles and footwear; Production of building materials…

Create an attractive investment environment

At the sum –up conference in 2017 and deployment of tasks in 2018, Nguyen Minh Tai – Chairman of DEZA said that one of the key tasks of the Management Board set out in 2018 is to companion and support enterpriese to create an attractive investment environment.

DEZA will focus on supporting investors to implement projects of Hoa Phat Dung Quat Steel Complex, upgrading and expanding Dung Quat Oil Refinery, Dung Quat Industrial Town,etc; closely coordinating with Quang Nam Province, Ministries, central agencies and project investors to bring gas to shore from the Blue Whale gas field; prepare conditions for the implementation of gas-fired power projects in Dung Quat EZ.

Chairman of the provincial People’s Committee Tran Ngoc Cang ( right) and Mr. Nguyen Minh Tai – Chairman of DEZA (2nd from right) inspected and solved problems in land clearance of Dung Quat upgrading and expansion project.

DEZA will also continue to support to enterprises in labor recruitment, job creation; to act as the focal point and promote the formation of the container line at Dung Quat port in order to reduce costs and time of transportation of enterprises; to speed up the investment in infrastructure works in economic zones, step by step complete the infrastructure to attract investment.

At the same time, concentrating on attracting the industries and domains which Dung Quat EZ and Quang Ngai IPs have comparative advantages, especially those related to the use of deep-water seaports, heavy industry, Infrastructure investment in industrial zones , etc and closely cooperate with VSIP Quang Ngai and Hoang Thinh Dat Group to focus on attracting light FDI projects.

By T.Giang

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