HÀ NỘI — The central province of Quảng Trị is offering many preferential policies to investors in the East South Economic Zone (EZ).

These include preferential land lease, corporate tax incentives and spending over VNĐ1 trillion (US$44 million) on constructing infrastructure in this EZ.

This was announced by Nguyễn Quốc Tuấn, deputy director of QuảngTrị’s Department of Planning and Investment.

Besides attracting domestic investors, the economic and industrial zones of Quảng Trị Province are attracting many major investors from Japan, Singapore, South Korea and Russia. These firms are interested in areas such as energy, infrastructure and hi-tech agriculture.

To lure more investments in economic and industrial zones, the province has incorporated policies to create the most favourable conditions for enterprises, including preferential land lease and simplification of administrative procedures.

As of April 12, the province’s economic and industrial zones attracted 149 investment projects, with a total registered capital of more than VNĐ98 trillion. Of this, 88 projects have become operational, 50 are under construction and 11 are awaiting investments.

Quảng Trị Province has two economic zones (East South and Lao Bảo) and three industrial parks (South Đông Hà, Quán Ngang and West North Hồ Xá).

At present, the province is focused on attracting strategic investors to the East South Economic Zone, which has an area of nearly 24,000ha spreading across 17 coastal communes in the three districts of Hải Lăng, Triệu Phong and Gio Linh.

Last year, the industrial production value of industrial and economic zones combined reached over VNĐ4 trillion, accounting for 40 per cent of the province’s total industrial production value, contributing more than VNĐ350 billion to the State budget and creating jobs for some 5,200 workers. — VNS