Van Don Economic Zone needs 358.2 million USD for infrastructure

The People’s Committee of northeastern Quang Ninh Province has released a plan to implement Prime Minister Nguyen Xuan Phuc’s conclusion on the development of Van Don Economic Zone (EZ) that would require more than 8.35 trillion VND (358.2 million USD) to expand its infrastructure by 2030.
Van Don Economic Zone needs 358.2 million USD for infrastructure ảnh 1A view of Cai Rong port in the Van Don Economic Zone (Photo: enternews.vn)
Hanoi (VNA) - The People’s Committee of northeastern Quang NinhProvince has released a plan to implement Prime Minister Nguyen Xuan Phuc’sconclusion on the development of Van Don Economic Zone (EZ) that would requiremore than 8.35 trillion VND (358.2 million USD) to expand its infrastructure by2030.

The plan aims to make Van Don an economic hub of Vietnam and get the citylisted as one of the best places to live in the Asia-Pacific region.

The provincial budget will allocate 2.4 trillion VND in the 2019-2025 period forinvestment into infrastructure. The province has proposed supplementing thiswith 2.1 trillion VND from the State budget. The Van Don EZ will also mobilise 350billion VND from land funds and use its State budget collection forre-investment. It was estimated that the State budget collection would be some 3.5trillion VND in the 2026-2030 period.

Quang Ninh province set five key tasks to reach the goals. The priority taskwas to develop the EZ’s infrastructure including air, road and waterwaytransport systems and tourism infrastructure.

The plan proposed studying expanding the annual capacity of Van Don Airport tomore than five million arrivals and 30,000 tonnes of goods by 2030.

It also suggested attracting investors to build helipads on the province’sislands to facilitate transport between Van Don and Ha Long, Mong Cai and otherislands.

The plan would also accelerate the construction of Van Don – Mong Cai Expresswayand bridges connecting Cam Pha city to Van Don EZ.

The province also planned to build a coastal route along the new urban areas ofBai Tu Long Bay and upgrade the roads on Quan Lan – Minh Chau islands and thecable car route from Cai Bau to Tra Ngo – Cai Lim islands.

Van Don expected to attract investment in maritime infrastructure as well,including Hon Net– Con Ong Port, Cái Bầu Island Port and tourism ports on Minh Chau,Quan Lan, Ngoc Vung, Thang Loi and Van Canh islands.

The plan would give priority to supporting strategic investors in tourism and resortcomplexes. It would help investors complete investment procedures for theconstruction of high-end hotels in the Bai Dai and Cai Rong urban areas.

Other key tasks include the development of a modern high-tech tourism industry,high-tech agriculture and sustainable aquaculture.-VNA
VNA

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