Friday, August 18, 2017 - 4:23:14

Quang Ninh calls for capital in 71 projects for 2015-2020

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The northern province of Quang Ninh has released a list of 71 projects in need of investment capital for 2015-2020, a majority of them are in the public-private partnership model with capital sourced from private investors.

Nearly one third of the listed projects are in culture, tourism and trade, notably Phuong island, Cai Chien and Tra Co tourist sites, each worth 200 –360 million USD.

Other 13 projects are in transport, including a 1.2 billion USD Cai Bau port, and Ha Long – Mong Cai and Ha Long – Noi Bai highways valued at 700 million USD and 577 million USD, respectively.

Ten technical infrastructures projects are in industrial and urban areas, namely a non-tariff area and Van Don clean industry complex that need close to 1.5 billion USD.

The remaining are in health care, education - training, environment, water supply and agriculture.

Located in the pivotal economic zone in the north of Vietnam, Quang Ninh is seen as an important part of the economic development triangle in the north (Hanoi – Hai Phong – Quang Ninh).

It sits on the largest coal reserve in Southeast Asia and boasts an abundance of world heritage and natural wonders. The locality is expected to achieve a two-digit growth this year.-VNA
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