According to Mr Pham Van Nam, head of the Management Board of Quang Binh provincial Economic Zones, among 30 projects for investment registration in Hon La Economic Zone, there are a lot of key projects which play an important role to socio-economic development of the province.

Typically, the project of Quang Trach thermoelectric center, invested by the Vietnam National Oil and Gas Group, has a capacity of 2,400 MW with a total investment of around VND36,000 billion; the project of cement grinding station, invested by the Vietnam building materials limited company, has a capacity of 500,000 tons a year with a total investment of over VND1,385 billion; cement grinding station and entrepot warehouse, owned by Truong Thi Group, has a capacity of 500,000 tons/year with a total investment of VND1,500 billion.

Quang Binh continues to improve infrastructures of Hon La Economic Zone to make an assurance of the best environment for investors. The province will also promote investment in Hon La Economic Zone through strengthening comprehensive implementation of administrative reform; creating the most favorable conditions for investors and entrepreneurs to access to information and source of investment; carrying out comprehensive solutions to deal with difficulties for investors and businesses; and strengthening the implementation of preferential policies for investment.

With its potential and advantages, Hon La Economic Zone is constructed to become a multi-sector economic zone including industry, seaport, trade, tourism, services, urban centres, agriculture-forestry and fisheries.

This will be a big economic center in the north of Quang Binh province and is the key axis linking the east-west economic corridor between the southern provinces of Laos and the north-eastern provinces of Thailand through the Cha Lo International Border to the Hon La seaport.

Reported by TTXVN - Translated by N.Y