The ‘grey’ areas of coastal Economic ZonesVietNamNet Bridge - It is expected that by 2020, coastal economic zones (EZs) will play a decisive role in developing the marine economy of Vietnam, making up 53-55 percent of GDP. In 2016, coastal EZs brought total revenue of $8 billion, including $5 billion from exports. An MPI report showed that the total investment capital for infrastructure had climbed to VND170 trillion by the end of 2010. “Vietnam doesn’t receive big benefits from coastal EZs, but has to pay a heavy price for environmental disasters,” an economist said. There are 16 coastal EZs with a total area of 815,000 hectares.

Source: VietNamNet News April 18, 2018 01:07 UTC