Plan on building special administrative-economic zone in Khanh Hoa discussed

16:15 | 26/12/2017 Events

Politburo member and Deputy Prime Minister Truong Hoa Binh held a working session with the central province of Khanh Hoa on building the Special Administrative-Economic Zone (SAEZ) in Bac Van Phong (Northern Van Phong) on December 25.

Deputy PM Truong Hoa Binh speaks at the session - Photo:

At the meeting, Deputy PM Truong Hoa Binh and the leaders of the ministries and sectors that supported Khanh Hoa province on its proposal to establish the SAEZ in Northern Van Phong.

The Deputy PM asked Khanh Hoa to actively complete the plan, while directing the relevant ministries and sectors to coordinate with Khanh Hoa in order to finalise the plan and submit it to the Prime Minister for consideration.

He also asked the provincial authorities to clarify the scale and organisation of the administration needed for the Bac Van Phong SAEZ so that it will suit the zone’s development orientations.

The Van Phong Economic Zone covers an area of 150,000ha, including 70,000ha of land and 80,000ha of water surface, in Van Ninh district and Ninh Hoa township. It is a multi-sectorial economic zone with a design focused on container and petroleum transit services, oil refining, and petrochemistry.

The Bac Van Phong SAEZ will be located in the north of the Van Phong Economic Zone and have an expected area of around 66,000 hectares.

Theo NDO