One of the largest projects is the My Thuy Port in Dong Nam Economic Zone in Hai An commune, Hai Lang district, costing over VND 14 trillion. The 685ha port, invested in by My Thuy International Port Joint Venture Co., will be home to 10 wharves capable of receiving vessels up to 100,000 tons.

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Dong Nam Economic Zone in Hai An commune, Hai Lang district of Quang Tri province: Photo: dantri.com.vn

Chairman of the provincial People’s Committee Nguyen Duc Chinh said this project is important to local development. The investor is coordinating with partners to arrange capital and complete all necessary investment procedures so as to kick-start the project in September this year.

Another major project is the Quang Tri 1 thermal power plant, invested in by the Electricity Generating Authority of Thailand. Located in Dong Nam Economic Zone, the project is expected to kick off in June 2019 with total investment of over VND 55 trillion. It is designed with a total capacity of 1,320 MW with the first turbine scheduled to begin operation at the end of 2023.

Big investment was also poured into the fields of solar and wind energy, as well as infrastructure building, transport, tourism, and high-tech agriculture.

Source: VNA