The Quang Tri provincial People’s Committee has signed an agreement on developing its southeastern economic zone with One ASEAN Development Company (Thailand).

The signing ceremony was held on May 24 during the visit to Thailand from May 20-26 by a delegation of high-ranking officials from Quang Tri province led by Chairman Nguyen Duc Cuong.

Accordingly, One ASEAN Development Company, which is very experienced in industrial development and infrastructure construction in Thailand, will be responsible for carrying out some important projects to build an oil refinery, a petrochemical complex, a natural gas processing plant and a commercial and entertainment area.

As from June 1, the company will conduct a field survey and try to complete its preparatory work in six months.

Quang Tri, located between the northern and southern regions of Vietnam, has huge economic potential, said Bhichit Rattakul, Chairman of the company.

As a number of Thai companies have already invested in the Lao Bao special economic zone, Quang Tri hopes that its southeastern economic zone will become an attractive destination for investors from Thailand and other ASEAN countries.

(VOV)