Dung Quat Economic Zone and Quang Ngai Industrial Parks attracted 1.281 billion USD in investment capital in the first four months of 2023.

According to Dung Quat Economic Zone and Quang Ngai Industrial Parks Authority (DEZA), in the first 4 months of 2023, Dung Quat Economic Zone and Quang Ngai Industrial Parks has issued decisions to approve the investment policy and adjusted to increase capital with a total registered capital of about 1.281 billion USD, reaching 854% of the plan in 2023.

Accordingly, the authority approved the investment policy for two projects, including Hoa Phat Dung Quat high-quality coil steel factory invested by Hoa Phat Dung Quat Steel Joint Stock Company as the investor and Sedo-Dung Quat Fabric Factory Project by Sedo Camping Co., Ltd. The total registered capital of these two projects is about USD 167.08 million.

In addition, DEZA adjusted to increase capital for 07 projects with a total adjusted capital of about USD 1,114 billion.

As a result, the stituation for attracting investment in the Dung Quat EZ and Quang Ngai industrial zones had a solid start as soon as the Prime Minister approved the overall adjustment of the general planning for the building of the Dung Quat economic zone in Quang Ngai province until 2045. The amount of investment capital attracted in the first four months of 2023 (USD 1.281 billion or USD 125.14 million) is ten times greater than that of 2022 as a whole.

There are currently 347 valid projects in the Quang Ngai Industrial Park and Dung Quat Economic Zone, with a total registered investment capital of around 18,556 billion USD. 289 domestic investment projects had a total registered capital of around 16.71 billion USD, compared to 58 foreign investment projects with approximately 1.85 billion USD.

by T.Giang