Hon La Economic Zone

Hon La Economic Zone ((Vietnamese): Khu kinh tế Hòn La) is one of special economic zones in Vietnam. This zone is located by the South China Sea’s Hon La Port in Quảng Trạch District, Quang Binh Province, Bac Trung Bo, Vietnam. The economic zone covers 100 square kilometers, including communes: Quảng Đông, Quảng Phú, Quảng Tùng, Cảnh Dương, Quảng Hưng and Quảng Xuân Hon La Economic Zone is situated 60 km north Dong Hoi, around 440 km south of Hanoi, at the foot of Ngang Pass, near the Vung Ang Economic Zone in Ha Tinh Province with deep-water Vung Ang Port. The National Road 1A and Vietnamese main railway runs along the zone. The economic zone is accessed by road, railway at Dong Hoi Railway Station or by air at Dong Hoi Airport (54 km south) or Phu Bai International Airport (220 km south). In order to attract investment here, preferentially reduced taxes, fees, land hire and investment incentives are applied to investors. As of 2009, Petrovietnam is operating a deep-water Hon La Port (a port capable to serve 10,000 metric tonne vessel, full capacity will reach up to 12 million metric tonnes of cargoes per annum). Petrovietnam is preparing to build a 2,400 MW coal-fuelled thermal power plant (Quang Trach Thermal Power Plant, total estimate is $1.5 billion) in this economic zone.