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