The northern province of Quang Ninh will focus its resources on buildingVan Don island district into an international-standard marine economiczone, in order to achieve the goal of developing the sea-based economyin 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 keynorthern economic zone and an important gateway for internationalcooperation.
The island district is selected for itsadvantageous conditions in terms of geographic location, naturalconditions and marine resources.
Covering 2,171.33sq. km including 1,620 sq. km of sea in Bai Tu Long Bay, which is nearthe world heritage site of Ha Long Bay, the district has a populationof 420,000 distributing on more than 20 islands, the largest of whichis Cai Bau.
Blessed with scenic seascape andbeautiful beaches and home to valuable archaeological and culturalsites, the island district has a great potential for the development ofhigh-quality eco-tourism.
At the same time, themarine economy in Van Don has a long history dating back to the Lydynasty (1149-), fed by rich and diverse aquatic resources of higheconomic values. The island district was known as one of the country’sbusiest commercial ports - one of the starting points of the Silk Roadat sea.
Moreover, Van Don district is situated inthe two economic corridors connecting provinces of Vietnam and China; and the coastal economic belt around the Gulf of Tonkin in theframework of the development cooperation between Vietnam and China.This is a reason why as early as in August 2009, the Prime Ministerapproved a master plan for building Van Don Economic Zone until 2020.
The zone has since then recorded significantdevelopment, with an annual growth rate of 16.8 percent per annum duringthe 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-economicdevelopment plans for Van Don. At the same time, it will issue suitablepolicies to call for investment to carry out key infrastructure worksserving the economic zone such as the Van Don InternationalAirport, 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 OfficialDevelopment Assistance (ODA), foreign direct investment (FDI), the Statebudget and Government bonds for essential projects on road building andupgrading as well as the expansion of the national power grid toislands.-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 keynorthern economic zone and an important gateway for internationalcooperation.
The island district is selected for itsadvantageous conditions in terms of geographic location, naturalconditions and marine resources.
Covering 2,171.33sq. km including 1,620 sq. km of sea in Bai Tu Long Bay, which is nearthe world heritage site of Ha Long Bay, the district has a populationof 420,000 distributing on more than 20 islands, the largest of whichis Cai Bau.
Blessed with scenic seascape andbeautiful beaches and home to valuable archaeological and culturalsites, the island district has a great potential for the development ofhigh-quality eco-tourism.
At the same time, themarine economy in Van Don has a long history dating back to the Lydynasty (1149-), fed by rich and diverse aquatic resources of higheconomic values. The island district was known as one of the country’sbusiest commercial ports - one of the starting points of the Silk Roadat sea.
Moreover, Van Don district is situated inthe two economic corridors connecting provinces of Vietnam and China; and the coastal economic belt around the Gulf of Tonkin in theframework of the development cooperation between Vietnam and China.This is a reason why as early as in August 2009, the Prime Ministerapproved a master plan for building Van Don Economic Zone until 2020.
The zone has since then recorded significantdevelopment, with an annual growth rate of 16.8 percent per annum duringthe 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-economicdevelopment plans for Van Don. At the same time, it will issue suitablepolicies to call for investment to carry out key infrastructure worksserving the economic zone such as the Van Don InternationalAirport, 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 OfficialDevelopment Assistance (ODA), foreign direct investment (FDI), the Statebudget and Government bonds for essential projects on road building andupgrading as well as the expansion of the national power grid toislands.-VNA
