Dung Quat gets boost

The Dung Quat Economic Zone (EZ) in the central province of Quang Ngai, Vietnam, has to date licensed 125 projects valued at more than US$8 billion, Vietnam News Agency reported recently. The largest project is the US$2.5 billion Dung Quat Refinery, which is under construction and also Vietnam’s first oil refinery. Prime Minister Nguyen Tan Dung has approved a general plan on the development of fast-growing Dung Quat EZ up to 2020, aiming to turn it into a central region’s urban-industrial-service center in the near future, state media reported. (October 15, 2007)