Kien Giang seeks investment in 40 key projects to boost growth

The projects span infrastructure, marine farming, industry, and tourism, including 12 major projects tied to the 2027 APEC Economic Leaders' Meeting in Phu Quoc.

An illustration of a new terminal of Phu Quoc International Airport (Photo: VNA)
An illustration of a new terminal of Phu Quoc International Airport (Photo: VNA)

Kien Giang (VNA) – The Mekong Deleta province of Kien Giang has announced a list of 40 projects calling for investment in 2025, with a total estimated capital of over 226.7 trillion VND (8.7 billion USD), aiming to accelerate local socio-economic development.

The projects span infrastructure, marine farming, industry, and tourism. Notably, the province is inviting investment in 12 major projects tied to the 2027 APEC Economic Leaders' Meeting in the island city of Phu Quoc, including a project to expand Phu Quoc International Airport and another to build the APEC conference centre.

In a project worth 22 trillion VND, Phu Quoc International Airport will be expanded to cover 1,050ha and meet category 4E of the International Civil Aviation Organisation (ICAO), capable of serving 18 million passengers per year. Meanwhile, the APEC conference centre is expected to have total investment of 21.86 trillion VND and cover 28ha, featuring a 3,500-seat convention centre, a 3,000-seat press centre, and accompanying facilities.

Eight hi-tech marine farming projects are also on offer, such as pearl farming connected with marine ecosystem services and multi-crop aquaculture in Phu Quoc city, Ha Tien city, and Kien Hai district.

Kien Giang is also seeking investors for 13 industrial and processing projects, including industrial cluster infrastructure construction, rice and seafood processing, animal feed manufacturing, farm produce and forestry product processing, and biochar production.

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Cage fish farming in Phu Quoc (Photo: VNA)

Besides, seven other projects have been proposed by investors, with six in Phu Quoc, including an electric train line, two roads, an international seaport, an eco-tourism and resort complex, and a 36-hole golf course.

Kien Giang is prioritising environmentally friendly and hi-tech investments generating high value added. It is stepping up efforts to attract strategic investors through business associations, international organisations, investment funds, and influential persons. The province is also applying itself to improving business conditions, tackling hurdles to projects, offering incentives, and expanding international partnerships.

It hopes that new projects will give a strong boost to economic growth, generate jobs and stable income for locals, improve infrastructure, and better the life quality for residents./.

VNA

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