Quang Tri province calls for investments in big projects

Officials in the central Vietnam province of Quang Tri called for domestic and foreign investment in a series of important projects during a conference held to announce the provincial plans for 2021-2030, with a vision to 2050, last Saturday.

During the conference in Dong Ha town, a list of 30 projects covering various fields were highlighted that will require massive investments.

They included six industrial-energy projects, two agricultural projects, four trade-service projects, 10 urban-service-tourism projects, one transport project, two clean water supply projects, two environmental protection and solid waste treatment projects, one training and education project, one medical project, and one sport healthcare project.

Some of the largest are a mixed-use industrial park (VND1,200 billion or $47 million), an eco-industrial park (VND2,300 billion or $90 million), a logistics center (VND1,000 billion or $39 million), and an energy and development supporting complex (VND1,500 billion or $59 million), all in Southeast Quang Tri Economic Zone, Hai Lang district.

Other projects include the Nam Dong Ha (South Dong Ha) social housing, urban area and industrial park project (VND886.7 billion or $35 million); Nam Hieu River (South Hieu River) ecological urban area (VND2,800 billion or $110 million); and Nam Dong Ha service-commercial-urban area (VND1,068 billion or $42 million), all in Dong Ha town.

The list also includes the Mui Treo beach resort-residential complex in Vinh Linh district (VND2,000 billion or $79 million); Brai-Ta Puong ecotourism-residential area project in Huong Hoa district (VND2,500 billion or $98 million); a golf-ecological resort-residential complex project in Trieu Phong district (VND2,500 billion or $98 million); the South Vinh Phuoc River urban project in Trieu Phong district (VND2,000 billion or $79 million); and a golf-tourism-service-urban complex project in Cam Lo district (VND6,000 billion or $235 million).

Chairman of Quang Tri People's Committee Vo Van Hung emphasized that the conference was also an important forum to exchange, introduce, and promote the image, potential and strengths of Quang Tri.

In addition to coordinating with planning consultants with extensive experience in the country, Quang Tri has taken advantage of the valuable support and assistance of international organizations, such as Singapore Cooperation Enterprise and Sakae Advisory – Surbana.

Quang Tri has also received critical opinions from the global Vietnamese scientific and expert organization (AVSE Global) to develop its provincial plan with breakthrough thinking and strategic vision based on potential, he added.

Deputy Prime Minister Le Thanh Long assessed that with a 75-km coastline, Quang Tri has a lot of potential for coastal urban development combined with tourism, seaports, and the marine economy. It could also become an energy center for central Vietnam.

Over the years, Quang Tri has gradually exploited the advantages of its geo-economic-political location, performing the role of connecting countries in the Mekong sub-region and those in the East-West economic corridor.

Its economic growth rate (GRDP) is estimated at 6.68%, higher than the national average, while GRDP per capita reached VND71 million ($2,800) in 2023. Quang Tri's GRDP scale ranked 53rd in the country. Its labor force accounts for 50% of the province's population but is mainly unskilled, lacking high-quality workers.

On the same day, consortium investor T&T Group-Cienco 4 held a groundbreaking ceremony for the Quang Tri Airport project in Gio Quang commune, Gio Linh district.

The project is divided into two phases, of which phase one will be completed before 2026, including an air traffic tower, a runway measuring 2,400x65m, an aircraft apron, passenger terminal, and works to ensure flight operations.

Once completed, the airport will be able to operate Code E aircraft, meeting the needs of up to five million passengers and 25,500 tons of cargo per year.

According to the master plan for development of the national airport system approved by the prime minister for 2021-2030, with a vision to 2050, Quang Tri airport is one of eight airports to be built and put into operation until 2030. This is also the first airport project in the country to be invested under a public-private partnership (PPP).