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Thua Thien-Hue adjusts IZ development planning

Update: August, 08/2014 - 08:10

The Phong Dien IZ will be expanded to 700 hectares, up by 300 hectares while the Phu Bai IZ has been reduced by 75.29 hectares to 743.47 hectares.— File Photo

THUA THIEN HUE (VNS) — The central province of Thua Thien-Hue has announced its adjustment on development planning of six industrial zones (IZs) towards 2020, which has been approved by the prime minister.

Accordingly, the six IZs will cover a total area of nearly 2,400 hectares with an occupancy rate of 65 per cent by 2020.

The Phong Dien IZ will be expanded to 700 hectares, up by 300 hectares while the Phu Bai IZ has been reduced by 75.29 hectares to 743.47 hectares. They are expected to be filled to 90 per cent of their capacity and generate over 30,000 jobs.

Thua Thien-Hue province has 90 projects with total registered capital of VND18.2 trillion (US$870 million), including $218.8 million from foreign direct investment. — VNS

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