The northern province of Quang Ninh will focus its resources on building Van Don island district into an international-standard marine economic zone, in order to achieve the goal of developing the sea-based economy in line with the national sea strategy until 2020.
Upon the formation of Van Don marine economic zone in the near future, Quang Ninh will serve as a locomotive for the development of the key northern economic zone and an important gateway for international cooperation.
The island district is selected for its advantageous conditions in terms of geographic location, natural conditions and marine resources.
Covering 2,171.33 sq. km including 1,620 sq. km of sea in Bai Tu Long Bay, which is near the world heritage site of Ha Long Bay, the district has a population of 420,000 distributing on more than 20 islands, the largest of which is Cai Bau.
Blessed with scenic seascape and beautiful beaches and home to valuable archaeological and cultural sites, the island district has a great potential for the development of high-quality eco-tourism.
At the same time, the marine economy in Van Don has a long history dating back to the Ly dynasty (1149-), fed by rich and diverse aquatic resources of high economic values. The island district was known as one of the country’s busiest commercial ports - one of the starting points of the Silk Road at sea.
Moreover, Van Don district is situated in the two economic corridors connecting provinces of Vietnam and China ; and the coastal economic belt around the Gulf of Tonkin in the framework of the development cooperation between Vietnam and China. This is a reason why as early as in August 2009, the Prime Minister approved a master plan for building Van Don Economic Zone until 2020.
The zone has since then recorded significant development, with an annual growth rate of 16.8 percent per annum during the period of 2007-2011.
A total of 79 projects with combined registered capital of 9.8 trillion VND (460 million USD) are operating in the zone.
In the coming time, Quang Ninh will focus on finalising socio-economic development plans for Van Don. At the same time, it will issue suitable policies to call for investment to carry out key infrastructure works serving the economic zone such as the Van Don International Airport, a large-scale complex for tourism, services and recreation, National Road 4B, Van Tien bridge and Van Hoa port.
Meanwhile, the province plans to seek capital from Official Development Assistance (ODA), foreign direct investment (FDI), the State budget and Government bonds for essential projects on road building and upgrading as well as the expansion of the national power grid to islands.-VNA
Upon the formation of Van Don marine economic zone in the near future, Quang Ninh will serve as a locomotive for the development of the key northern economic zone and an important gateway for international cooperation.
The island district is selected for its advantageous conditions in terms of geographic location, natural conditions and marine resources.
Covering 2,171.33 sq. km including 1,620 sq. km of sea in Bai Tu Long Bay, which is near the world heritage site of Ha Long Bay, the district has a population of 420,000 distributing on more than 20 islands, the largest of which is Cai Bau.
Blessed with scenic seascape and beautiful beaches and home to valuable archaeological and cultural sites, the island district has a great potential for the development of high-quality eco-tourism.
At the same time, the marine economy in Van Don has a long history dating back to the Ly dynasty (1149-), fed by rich and diverse aquatic resources of high economic values. The island district was known as one of the country’s busiest commercial ports - one of the starting points of the Silk Road at sea.
Moreover, Van Don district is situated in the two economic corridors connecting provinces of Vietnam and China ; and the coastal economic belt around the Gulf of Tonkin in the framework of the development cooperation between Vietnam and China. This is a reason why as early as in August 2009, the Prime Minister approved a master plan for building Van Don Economic Zone until 2020.
The zone has since then recorded significant development, with an annual growth rate of 16.8 percent per annum during the period of 2007-2011.
A total of 79 projects with combined registered capital of 9.8 trillion VND (460 million USD) are operating in the zone.
In the coming time, Quang Ninh will focus on finalising socio-economic development plans for Van Don. At the same time, it will issue suitable policies to call for investment to carry out key infrastructure works serving the economic zone such as the Van Don International Airport, a large-scale complex for tourism, services and recreation, National Road 4B, Van Tien bridge and Van Hoa port.
Meanwhile, the province plans to seek capital from Official Development Assistance (ODA), foreign direct investment (FDI), the State budget and Government bonds for essential projects on road building and upgrading as well as the expansion of the national power grid to islands.-VNA
