Eight groups of key coastal economic zones nationwide will receive investments sourced from the State coffer for further development during 2016-2020 under the Prime Minister’s recent approval.

They include Chu Lai and Dung Quat in the provinces of Quang Nam and Quang Ngai; Dinh Vu-Cat Hai in Hai Phong City; Nghi Son in Thanh Hoa Province; Phu Quoc in Kien Giang Province; Vung Ang in Ha Tinh Province; South Phu Yen in Phu Yen Province; Van Don in Quang Ninh Province; and Dinh An in Tra Vinh Province.

Dung Quat Oil Refinery in Quang Ngai Province (Source: VNA)

Accordingly, the beneficiaries will receive 70% of yearly investments for coastal economic zones in the next 5 years.

During 2016-2017, priorities will be given to important technical and social infrastructure of the economic zones in a bid to meet requirements of major projects.

(Source: VNA)