Prime Minister Nguyen Tan Dung on November 10 ratified the expansion of the Dung Quat Economic Zone to 45,332 hectares, which would be four times larger than its current area.
|Dung Quat Oil Refinery|
The annual capacity of Dung Quat Oil Refinery will also raise from 6.5 million tons of oil to 10 million tons, associated with Dung Quat 2 deep-water port and Chu Lai International airport in the coming time.
The Dung Quat Industrial Zone will be Quang Ngai Province’s major economic centre in the central key economic zone and keeps important role in national security of Central region and Central Highlands in future.
To date, the zone granted investment licenses to 111 projects with total capital of over VND128 billion (US$6.4 million). Of these, 53 projects have started operating.