Binh Dinh is focusing on developing Nhon Hoi Economic Zone with large-scaled projects in a 12,000-hectare area and willingly inviting cooperation and investment from domestic and foreign investors in order to turn the potential into practical resources for the provincial socio-economic development.
Established in June 2005, Nhon Hoi Economic Zone will be developed into a general multi-fielded economic zone with its own operation regulation, comprising non-tariff zone, industrial zone, seaport service zone, tourist areas and new urban areas, operating under a specially incentive mechanism, being the hub and motivation for the development of Binh Dinh and the Key Economic Region of Central Vietnam. Nhon Hoi Economic Zone opens tremendous business and investment opportunities. Coming to this economic zone, the investors can make large investments in the key or hi-tech industries such as deep seaport construction, petrochemistry and oil refinery, electric or electronic product producing and assembling, electricity production, tourism development, services related to trade and marine shipping, finance, banking, post and telecom, etc. Investors will make their option to locate their investment projects in the tariff zone, non-tariff zone or export processing zone.