April 23, 2025 | 09:30 GMT+7

Hue calls for investment in Chan May – Lang Co Economic Zone

Nguyễn Thuấn -

The initiative marks a significant step in attracting investment and optimizing the potential and advantages of the Chan May – Lang Co Economic Zone.

A view of Chan May – Lang Co Economic Zone.
A view of Chan May – Lang Co Economic Zone.

The People's Committee of Hue City has issued a decision approving the list of investment projects calling for investors in the city's economic and industrial zones for the 2025–2026 period.

With a total of 15 projects and an estimated investment capital of nearly VND47.5 trillion (over $1.7 billion), this initiative marks a significant step in attracting investment and optimizing the potential and advantages of the Chan May – Lang Co Economic Zone.

The announcement reflects Hue City's determination to strengthen its efforts in mobilizing non-budget investment resources, gradually transforming the economic zone into a dynamic, modern, and sustainable economic hub in central Vietnam.

According to the Hue City Economic Zone Management Board, since its establishment, the Chan May – Lang Co Economic Zone has hosted 55 active investment projects with a total registered capital exceeding VND97 trillion ($3.74 billion). This includes 15 foreign direct investment (FDI) projects, amounting to over VND56 trillion ($2.16 billion), accounting for 57.56% of the total registered capital.

Currently, the Chan May – Lang Co Economic Zone serves as an attractive investment destination for sectors such as resort tourism, seaport infrastructure, logistics, clean industries, high-tech industries, and environmentally friendly industries. The zone generates an annual revenue of nearly VND4 trillion (nearly $154 million) and contributes approximately VND300 billion (nearly $11.55 million) to the state budget.

 

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