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Investment in Dung Quat economic zone
20/07/2011 08:39 am
Dung Quat economic zone in the central province of Quang Ngai has 113 investment projects worth more than VND120,000 billion in total.
However, the flow of investment capital into the zone in the past six years has followed a downward trend, according to the Management Board of Dung Quat Economic Zone.
In the first half of the year, the management board granted only two investment licenses with registered capital of nearly VND2,000 billion.
The decline is attributed to the impact of the global economic
downturn, improper investment policies and slow administrative procedure
processing in the province.
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