As stipulated in a
recent decision of Prime Minister Nguyen Tan Dung to amend the zone’s
operational regulations, basic industries to be fostered will include
steel making, shipbuilding and repair, electricity, construction
material production, consumer goods manufacturing and
agro-forestry-fishery processing.
Nghi Son,
currently spanning more than 18,610 hectares, will be expanded to cover
106,000 hectares, including 66,497 hectares on the mainland and island
and 39,502 hectares of water surface.
The mainland
and island area will be comprised of the entire Tinh Gia district, three
communes of Nong Cong district and three communes of Nhu Thanh
district.
As said in the decision, additional
efforts must be made from now to 2025 to improve the EZ’s business
climate, implement key socio-economic infrastructure projects and
attract more domestic and foreign investors.
Beyond
2025, the zone is hoped to see comprehensive development in industry,
service, commercial, financial, cultural-social and tourism sectors
while ensuring security and defence.
Green and modern urban areas will also be developed within the Nghi Son EZ.
The Nghi Son EZ, established in mid-2006, is about 200 kilometres to
the south of the capital city of Hanoi. It is now home to 134 projects,
including 124 domestic projects, with a total registered investment of
96.9 trillion VND (4.5 billion USD).
In 2014, the zone attracted 41 new domestic projects with a total
registered capital of over 3.1 trillion VND (145.7 million USD), and
three foreign-invested projects worth 40.5 million USD. That same year,
it generated 18 trillion VND (846 million USD) in revenue and created
jobs for around 63,000 people.
It
also houses the Nghi Son seaport and the Nghi Son Oil Refinery and
Petrochemical Complex – the largest of its kind in Southeast Asia and
the biggest foreign direct investment project in Vietnam with a
registered capital of more than 9 billion USD./.
