Van Phong Economic Zone (EZ) of Khanh Hoa Province is becoming a bright spot in investment attraction as many large corporations in the world want to pour tens of billions of dollars to implement large projects in the field of liquefied natural gas (LNG) power here.

J-Power, the Japanese Electric Power Development Company, has been asking for investment policies for the Van Phong Combined Cycle Gas Turbine (CCGT) Power Plant project, with a capacity of 3,000 megawatts (MWs) and investment capital of nearly US$3.2 billion, in the Van Phong Economic Zone in Khanh Hoa Province.