Dung Quat Economic Zone (EZ) continues to attract significant investment from both domestic and international businesses due to its outstanding potential and advantages.
In Q1 2025, EZ’s authorities approved 3 new projects with a total investment of 1,589 billion VND (over 62 million USD).
Additionally, 4 projects have increased their capital by over 532 billion VND, with total new and additional investment nearing 82 million USD, about 30 per cent of the 2025 target.
The Zone also marked significant milestones with the launch of the Dung Quat Oil & Gas Mechanical Services Project and the ground-breaking ceremony for the VSIP II Quảng Ngãi Industrial Park.
Moreover, the Prime Minister's visit to Hòa Phát Steel Group and discussions on railway connections further highlight government interest in Dung Quat's development.
Dung Quat Economic Zone, covering over 45,000 hectares, is one of the most promising coastal economic zones in Vietnam, with advantages in various sectors, including industry, urban development, services, eco-tourism, and high-tech agriculture.
The zone’s expansion plan includes developing the Ly Son Island into a dynamic coastal city.
Dung Quat currently has six industrial parks (IPs), with occupancy rates between 87 per cent and 99.1. per cent
Three other IPs are under development, expected to provide a large industrial land base and attract significant investment.
VSIP Quang Ngai Industrial Zone, operational for over 10 years, hosts more than 44 businesses, while VSIP II, a 500-hectare zone with a nearly 3.8 trillion VND investment, will offer jobs to around 50,000 workers upon completion.
The growth of Dung Quat will not only boost economic momentum but also improve the local community’s standard of living.
With strong infrastructure investments, supportive policies, and leadership, the zone is poised to strengthen Quang Ngai's position in the national economy.
M.H
