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Phu Yen province invites investments in 34 projects

06
Oct '09
The south-central province of Phu Yen requires investments for 34 key projects. The projects whose combined worth is more than US $3.86 billion will get completed by 2020.

Out of these 34 projects, the industrial sector is likely to attract 12 new projects, which will require around $2.465 billion.

The Phu Yen economic zone and the Hoa Tam petrochemical industrial zone, in Dong Hoa district, are the biggest projects worth $2.3 billion.

The province also requires investments for projects in the sectors, which include, garments and textile, footwear, dairy cattle breeding, coconut growing and processing; each project requires between $5 million and $30 million.

Among these 34 key projects, transportation sector and the trade and tourism sector have 4 and 8 projects worth around $895 million and $161 million, respectively.

The provincial authorities will hold an investment promotion conference on 7th October in Hanoi and will also launch the Hanoi-Tuy Hoa air route on October 24.

Fibre2fashion News Desk - India


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