Chan May-Lang Co economic zone aims for more investment

VGP – The Chan May-Lang Co Economic Zone in central Thua Thien-Hue province strives to attract more than VND1,500 billion in investment capital in 2014.

January 20, 2014 3:22 PM GMT+7

Illustration photo

Thua Thien Hue has poured VND 1,952 billion to upgrade infrastructure in the economic zone, such as traffic, electricity, water and telecommunication.

A total of 76 administrative procedures will be realized in the form of one-door mechanism in the economic zone, covering such areas as employment, construction, environment, planning and land management.

The projects with total investment from VND15-300 billion will be licensed within five days for unconditional areas and 20 days with conditional areas.

Until now, the economic zone has attracted 32 projects, totaling VND 35,474 billion, of which 10 Foreign Direct Investment (FDI) projects are worth more than VND21,000 billion. 12 projects have come into operation.

By Thuy Dung