Vung Ang Expands to 73,000 Hectares, Setting Stage for New Investment

FTZ News: Permanent Deputy Prime Minister Pham Gia Tuc signed Decision 1918/QD-TTg on Oct. 2, enlarging the Vung Ang Economic Zone in Ha Tinh. He signed for the prime minister. The Ha Tinh investment-promotion site put the notice up that afternoon, at 2:18 p.m. Hai Ngoc translated it. The decision took effect the day it was signed. It replaces Decision 72/2006/QD-TTg of April 3, 2006, and Decision 19/2010/QD-TTg of March 3, 2010.

According to a decision signed by Permanent Deputy Prime Minister Pham Gia Tuc on Oct. 2, the Vung Ang Economic Zone now covers about 72,998 hectares, including 57,998 hectares of land and 15,000 hectares of sea surface.

The decision calls Vung Ang a main multi-sector zone, built around heavy industry and tied to the Vung Ang and Son Duong ports and to regional, national and international road and rail. The trades listed are metallurgy, energy, processing and manufacturing, supporting industry, logistics and port services, and trade. Government reports also cast it as a crossing point between central Vietnam and central and upper Laos and northeast Thailand.

Most of the schedule is still on paper. In 2026 and 2027 the province is supposed to finish a master plan for the bigger zone and some 1:2,000 subdivision plans, start a few large infrastructure jobs and court investors. From 2028 to 2030 the job is to finish that work and get projects running. From 2031 to 2050 the papers talk about a finished modern system and greener towns. The notice names no new tenant and no dong figure./.



Photo: chinhphu.vn/Phuong Nguyen