# Dung Quat Economic Zone industrial development > Live situation record from CLSTR: https://clstr.news/situations/dung-quat-economic-zone-industrial-development > Updated: 2026-08-15T08:32:00.000Z. Sources: 8. Developments: 2. The Dung Quat Economic Zone in Quang Ngai Province, Vietnam, has established itself as a major industrial hub for Central Vietnam, attracting nearly $20 billion in total registered capital across more than 440 projects. Key industrial drivers include the Dung Quat refinery, which is undergoing a $4.54 billion expansion, and Hoa Phat Group’s steel complexes, representing an investment of approximately $7.47 billion. As of mid-2026, the region’s industrial production has shown significant growth, with the industrial production index rising 14.1% over a seven-month period. Notably, steel production increased by 57.6% and petrochemical products grew by 6.5%. These industrial zones contribute over 70 percent of the province’s economic growth, exports, and budget revenue. In response to this growth, Deputy Prime Minister Pham Gia Tuc has emphasized the necessity of optimizing transport infrastructure and strengthening connections between Dung Quat and Chu Lai. Experts have also highlighted the importance of aligning future development with green economy planning, focusing on clean energy, green logistics, and circular economy models to ensure sustainable expansion. ## Timeline ### 2026-08-15: Quảng Ngãi industrial growth highlighted by Deputy PM Deputy Prime Minister Phạm Gia Túc visited Quảng Ngãi to discuss industrial growth, highlighting the Dung Quất Economic Zone's $20 billion investment milestone and strong industrial production gains. 6 sources. https://clstr.news/cluster/qung-ngi-industrial-growth-highlighted-by-deputy-pm ### 2026-08-15: Dung Quat Economic Zone attracts $19.4 billion in investment Vietnam's Dung Quat Economic Zone has attracted nearly $19.4 billion in investment, driven by major refinery expansions and steel production, supporting over 81,000 jobs in Quang Ngai Province. 2 sources. https://clstr.news/cluster/dung-quat-economic-zone-attracts-194-billion-in-investment --- Cite as: Dung Quat Economic Zone industrial development. CLSTR, https://clstr.news/situations/dung-quat-economic-zone-industrial-development