The beautiful coastal city of Quy Nhon along Vietnam’s central coast will soon house the Greater Mekong Subregion’s largest oil refinery. Advanced by the Thailand’s PTT Plc in partnership with Saudi Arabia’s ARAMCO, the 400,000 barrel-per-day facility will be fed by Saudi Arabian crude.
Tag: SEZ
Vietnam: Can Tho’s IZs attract $1.96b
Industrial zones (IZs) in the Cuu Long (Mekong) Delta city of Can Tho have 220 projects in operation, with total registered investment capital of some US$1.96 billion.
Tak residents vow to fight relocation plans
Tak residents have refused to relocate after authorities declared state land in the province’s special economic zone (SEZ) must be taken back from encroachers to pave the way for new city planning projects.
In Laos’ economic zone, a casino and illicit trade beckon in ‘lawless playground’
Critics say the zone has instead become a mecca of gambling, prostitution and illicit trade, raising questions about the spillover effects of China’s growing economic clout beyond its borders.
Thai Industry Pushes into Myanmar
It’s unprecedented: the largest industrial estate and deep sea port complex conceived in Southeast Asia. It’s controversial: trampling pristine shorelines; felling valuable forests and orchards; paving highways through remote mountain passes and uprooting ethnic minorities all along the way.
Locals push back
Wichan Khantuwarn, 65, a native of Trat, has felt uneasy since he learned of the government’s decision to set up special economic zones (SEZs) and name the small, easternmost province as one of 10 designated areas. Local people have also voiced concerns that the environment and ecology in Khlong Yai will worsen because of the SEZ.