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Thua Thien-Hue licenses more investment projects in January

The central province of Thua Thien-Hue announced it has licensed eight investment projects, including four foreign ones worth over 60 million USD and four domestic ones valued at over 5.7 trillion VND (247.8 million USD), in January.
Thua Thien-Hue licenses more investment projects in January ảnh 1In Phu Bai industrial zone, Thua Thien-Hue (Source: VNA)
Thua Thien – Hue (VNA) – The central province ofThua Thien-Hue announced it has licensed eight investment projects, includingfour foreign ones worth over 60 million USD and four domestic ones valued atover 5.7 trillion VND (247.8 million USD), in January.

Notably, the Kim Long Motors Hue manufacturing and assemblycomplex in Chan May – Lang Co economic zone registered to increase its capitalfrom 21 million EUR (24 million USD) to 30 million EUR.

In 2019, the province will continue attracting investment tokey projects such as the second stage of Laguna Lang Co resort, Minh Vien - LangCo international tourist area, wharves No.2 and No.3 of Chan May port, andSaigon – Chan May industrial infrastructure and non-tariff area.

The Chan May – Lang Co economic zone has so far lured over76 trillion VND in about 50 projects.

The Minh Vien – Lang Co international tourist area investedby Minh Vien International Joint Stock Company will cover a site of 102ha,including a world-class hotel, a resort, a convention centre and facilities. Itis expected to be put into operation in the first quarter of 2024. Its firststage will be completed in the late 2019 with a total investment of over 1trillion VND.

The Chan May – Lang Co economic zone handles over 2 milliontonnes of cargo and welcomes 60 cruise liners with nearly 200,000 touristsaboard each year, including luxury vessel Queen Elizabeth of the UK carrying2,000 tourists.

Together with Chu Lai, Dung Quat and Nhon Hoi economiczones, the Chan May – Lang Co is expected to become a growth nucleus of theregion, becoming a bridge linking with the northeast of Thailand, the south-centralof Laos and northeast of Cambodia.

Le Van Tue, deputy head of the provincial economic andindustrial zone management board, said in the first quarter of this year, theboard will grant licenses to Lang Co – Lap An Lagoon project worth 8 trillionVND, Bai Ca tourist area with 2.5 trillion VND, and Lang Co market with 85billion VND.-VNA
VNA

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