In the first 4 months of 2023, Dung Quat Economic Zone and Quang Ngai Industrial Parks have issued decisions on approving investment policies, approving investors and capital increases adjustment for projects with a total registered capital of about 1,281 billion USD, reaching 854% of the plan in 2023 (according to the report of the Management Board of Dung Quat Economic Zone and Quang Ngai Industrial Parks).
The Management Board has issued a decision to approve the investment policy and the investor at the same time for two projects: Hoa Phat Dung Quat high quality coil steel factory (investor is Dung Quat Hoa Phat Steel Joint Stock Company) and the Sedo - Dung Quat Fabric Factory project (investor is Sedo Camping Co., Ltd.), the total registered capital of these two projects is about 167.08 million USD.
In addition, the Management Board adjusted to increase capital for 07 projects, including: Import and export frozen seafood processing factory; Storage and distribution area for petrochemical products; Factory for manufacturing, processing and assembling electric wire and cable sets in automobiles; Phu Truong Trade and Service Center; Factory for manufacturing auxiliary equipment and parking lots for vehicles; Hoa Phat Dung Quat Iron and Steel Production Complex; Supplying raw water to Hoa Phat Dung Quat Iron and Steel Production Complex - Quang Ngai province, with a total adjusted capital increased by about 1.114 billion USD.
Therefore, right after the Prime Minister approved the overall adjustment of the general planning on construction of Dung Quat economic zone, Quang Ngai province to 2045, the situation of attracting investment in Dung Quat EZ and Quang Ngai industrial zones witnessed a strong flourish. Attracting investment capital in the first 4 months of 2023 is 10 times higher than that of the whole year of 2022 (USD 1.281 billion / USD 125.14 million).
According to accumulated, there are 347 valid projects in Dung Quat EZ and Quang Ngai industrial zones, total registered investment capital is about 18,556 billion USD; in which there are 58 foreign investment projects, with registered capital of about 1.85 billion USD and 289 domestic investment projects, with registered capital equivalent to 16.71 billion USD. There are 249 projects in operation.