The eight economic zones include Chu Lai in Quang Namprovince; Dung Quat in Quang Ngai province; Dinh Vu in Hai Phong city; Nghi Son in Thanh Hoa province; Phu Quoc in Kien Giang province; Vung Ang in Ha Tinh province, Nam Phu Yen in Phu Yen province; Van Don in Quang Ninh province; and Dinh Anh in Tra Vinh province.

Under the new decision, the beneficiaries will receive 70% of yearly total investment for coastal economic zones in the next five years.

In the 2016-2017 period, the State budget investment will target to finalize important technical infrastructure projects which were stipulated in the list of key coastal economic zones in the 2013-2015.

In the 2018-2020 period, the investment will focus on new coastal economic zones including Nam Phu Yen, Van Don, and Dinh Anh.

The Ministry of Planning and Investment was assigned to work with the Ministry of Finance to allocate the central budget and encourage them to mobilize more resources from economic components.

The Government chief also tasked the People’s Committees and management boards of coastal economic zones to disburse the budget accurately; ensure progress and project quality; and mobilize non-budget funds for infrastructure development./.

By Huong Giang