IZ project launched in central province

Nghe An (VNA) - The central province of Nghe An and PetroVietnam
Construction Corp (PVC) organised a group breaking ceremony for the Hoang
Mai Industrial Zone on Nov. 26. The new IZ has total investment capital of
680 billion VND (41.2 million USD).

The project, covering 290ha in Quynh Luu district, Nghe An province, is
part of a development strategy implemented by the Prime Minister. Once
completed, the project is predicted to attract domestic and foreign
enterprises, and promote the area as a business destination.

The industrial zone aims to attract enterprises from the construction
materials, equipment manufacturing and chemical sectors, said provincial
authorities.

Hoang Mai IZ is located near Highway 1A Nghi Son deep-water port and the
Nghi Son oil refinery complex. Four enterprises have already registered to
rent land with a total area of 136ha.

The provincial authority expects the cornerstone project in the central
economic region to be fully leased within five years.

PVC, the provincial people's committee and PV Power land also opened a
commercial centre named Quynh Luu Plaza on Nov 26.

Covering an area of more than 3,300 sq. metres, the nine-floor plaza is in
the centre of Cau Giat Town , Quynh Luu district.-Enditem