Quảng Bình Province approves 35 investment projects

January 18, 2021 - 07:36
Thirty-seven investment projects have been given the green light by the central province of Quảng Bình at a conference on Sunday.


A view of the Sơn Đoòng Cave in the central province of Quảng Bình. The province has agreed a huge investment package worth nearly US$4 billion. — VNA/VNS Photo

 QUẢNG BÌNH — Thirty-five investment projects have been given the green light by the central province of Quảng Bình at a conference yesterday.

The projects will help boost trade, tourism and urban development with a total investment capital of about VNĐ93 trillion (US$3.96 billion).

Of the 35 projects, 13 were awarded investment policies, including outstanding ones with large total investments such as Quảng Trạch II Thermal Power Plant Project invested by Vietnam Electricity (VNĐ48 trillion), and Vĩnh Hưng high-class resort, sports, commercial and entertainment resort (VNĐ2.7 trillion).

The People's Committee of Quảng Bình Province also signed investment memorandums to 22 projects of 17 investors with a total investment of nearly VNĐ70 trillion. In which, the largest is the Phúc Lộc Thọ wind power plant project by the joint venture of Đồng Tâm Group Joint Stock Company and Quadran International Company of Lucia Group (France) with a total investment of VNĐ28 trillion.

Deputy Prime Minister Trịnh Đình Dũng, representatives from the province’s authorities, as well as 500 local and foreign investors, business owners and Government officials were at the event.

Deputy PM Dũng said the conference is an important event with great significance, taking place before the 13th National Party Congress. 

“Despite the losses caused by historic natural disasters in 2020, the province’s economy still grew by 2.63 per cent,” he said.

“Major industrial projects such as the Quảng Trạch II Thermal Power Plant and the B&T wind farm cluster have started, showing high determination for growth by the province and investors. 

“Quảng Bình has played to its strength to grow the tourism economy. This is one of the province’s biggest successes of its tourism development strategy.”

Speaking at the conference, Secretary of the province’s Party Committee Vũ Đại Thắng said: "The huge amounts of investment capital speak volumes about local and international investors' interest in the province, which is a great sign for a new era of development.

"We would like to continue to receive support from the Party, the State and the Government and all sectors. We would also like to invite businesses in and out of the country to further seek investment opportunities in our province.”

The two-day investment promotion conference which concluded yesterday focused on showcasing the potential and strengths of the central province in the energy industry, tourism, services, agriculture and the marine economic sector.

On the same day, construction work started on a five-star hotel and international convention centre complex by FLC in the province’s Quảng Ninh District.

It includes two 12-storey hotels and a multi-functional convention centre with a 12,000-seat auditorium and several conference rooms.

The complex is an important part of the FLC Quảng Bình Beach & Golf Resort, which spans 20ha and costs VNĐ20 trillion ($861 million) to build.

Speaking at the inauguration ceremony, vice chair Hương Trần Kiều Dung of FLC’s management board expressed her confidence in the province’s tourism potential.

“Quảng Bình is one of the few localities in Việt Nam and the world to be recognised twice by UNESCO as the world’s cultural heritage, which was for the Phong Nha-Kẻ Bàng National Park and Sơn Đoòng cave,” she said.

“These invaluable gems make Quảng Bình a dream destination for millions of tourists worldwide, and it’s also been leading the country in terms of tourism growth.”

Chairman of Quảng Bình People’s Committee Trần Thắng said the province highly values FLC’s investment.

He said: “The project will transform the province’s tourism sector and play a huge part in developing its tourism framework, creating major contributions to the region.” — VNS