Dung Quat EZ attractive to RoK investors
(VOV) - Companies from the Republic of Korea (RoK) are upbeat on business opportunities in the Dung Quat Economic Zone located in central Quang Ngai province.
The RoK is one of the largest investors in the EZ. Most notably, Doosan Group has invested more than US$300 million to construct five factories specialising in producing steam boilers.
Korean Hanwha Group erected an asphalt factory in the EZ while Ulsan Industrial Centre investors recently announced plans to install state-of-the-art machinery and equipment in a modernised facility.
Le Van Dung, deputy head of the zone’s management board said they have gone to great lengths to support companies’ efforts to locate highest quality labour resources and get them in contact with vocational training schools in the province.
The province also hired a Japanese consulting agency to assist in planning the Dung Quat deep water port No 2 with a capacity to handle over 300,000 tonne container vessels, meeting the demand for development of the local heavy industry.