HA NOI — An oil refinery and a number of industrial parks will be built on a total area of 2,682ha in the South Phu Yen Economic Zone between 2015 and 2025, under a master plan approved last week by the Prime Minister.
The plan covers the South Phu Yen – Northern Khanh Hoa region, which totals 351,500ha in the central province of Phu Yen Province's three southern districts of Song Hinh, Dong Hoa, Tay Hoa, and the two northern districts of Van Ninh and Ninh Hoa in Khanh Hoa Province.
The region is a gateway to the southern central coast and Central Highlands regions, by land, water and air, with the highest potential for marine-based economic development.
Under the plan, large-scale trade and service centres will be built in the South Phu Yen and Van Phong economic zones while regional urban areas such as Ninh Hoa, Ninh Sim and Hai Rieng become wholesale centres.
The region's population is expected to reach 715-725,000 by 2015 and about 840,000 by 2025. A 900-bed general hospital will be built in the southern Phu Yen economic zone along with other specialised facilities. Waterworks with a capacity of 125,000cu.m per day will also be built by 2015 to serve the economic zone. — VNS