Investment Environment and Opportunities in Dung Quat Economic Zone

Mr. Vo Tien Dung Deputy Director The Management Board of Dung Quat Economic Zone

Dung Quat Economic Zone

Located in Quang Ngai, the central coastal region in the Middle of Vietnam, and is the starting point of a Trans-Asia route in connection with Laos, Cambodia and Thailand. Planned to become a multi-sector economic zone, with an emphasis on oil refinery industry, petrochemical, large-scale heavy industries (such as steel rolling, ship building , engineering, cement, auto manufacturing , etc.), light industries, banking and financial services, tourism, real estate businesses, etc.

Dung Quat Economic Zone

Dung Quat Economic Zone

Has comparative advantages to become an attractive business location for both local and foreign investors: Is located at a strategic position Facilities and services of good quality, high investment incentives and easy administration mechanism.

Dung Quat Economic Zone

Infrastructure system and social facilities inside the Dung Quat EZ has been completed and broadly invested to better satisfy investors needs. Especially, the Government has recently decided to expand the Dung Quat EZ from current 10,300 ha to 45,000 ha, which helps significantly widen the scope of using land for Dung Quat EZ to develop heavy industries, supporting industries associated with deep-water port.

Investment projects

Dung Quat Economic Zone has attracted over 120 investment projects which still in valid with total registered capital of over 10 billion dollars. Korean enterprises such as Doosan Industrial Plant - total invested capital of 310 million dollars, heavy industrial plant Kum woo - $ 15 million, Vietnam-Kum woo KIC EASTAR - 30 million, etc.

Korean investors

Are the biggest invertors investing into Dung Quat EZ for years. Dung Quat EZs strategic partner, owning advantages of financial strength, global network of sales, up-stream technology resources, particularly in mechanics , electronics, information technology, mechanical manufacturing, infrastructure construction, etc.

Encourage Korean businesses to focus their investments in:

High-tech industry, mechanical engineering, component manufacturing, spare-parts, information technology, Oil and gas industry; The electrical manufacturing, electronics, refrigeration, and new materials production, Textile, agricultural processing, Mining Projects in health, education and training.

Korean successful investors

Companies such as Doosan, Kumwoo, KIC... has become a strong economic component of the Dung Quat Economic Zone, Creating substantial revenue for both companies themselves and Quang Ngai province, and contributing to industrialization progress of the province. Doosans application for capital increase by more than 50 millions USD for manufacturing expansion is a good example for this.

DUNG QUAT ECONOMIC ZONE AUTHORITY (DEZA)

DUNG QUAT ECONOMIC ZONE AUTHORITY (DEZA) Address: Van Tuong New Urban, Dung Quat Economic Zone, Binh Son District, Quang Ngai province, Vietnam Tel: + 84 - 55.3640.442 Fax: +84 - 55.3645.828 Email: kktdungquat@dungquat.com.vn Website: www.dungquat.com.vn

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