Van Don economic zone is oriented to develop into a livable city of Asia – Thai Binh Duong, to accomplish that goal, the People’s Committee of Quang Ninh province has just promulgated a plan to implement the Prime Minister’s conclusions. Van Don economic zone development.
A notable highlight of this plan of the Quang Ninh government is the orientation to build Van Don into a dynamic economic center of the region. And to do that, a series of solutions have been raised, from attracting huge investment resources, mechanisms to attract talents at home and abroad to the master plan …
Earlier, Prime Minister Nguyen Xuan Phuc also approved the task of adjusting the general planning to build Van Don economic zone (Quang Ninh) by 2040, with a vision to 2050. The central goal is to build Van Don into motivation areas of Vietnam’s economic development; among the most livable cities in Asia – Pacific.
Also in this detailed plan, the capital needs as well as the roadmap was set by Quang Ninh. Accordingly, in the period from 2019 – 2030, Van Don needs to mobilize investment of about 171,550 billion VND (about more than 7 billion USD). In which, domestic capital is 75,150 billion dong, foreign capital is about 96,400 billion dong.
Many projects worth billions of US dollars are being implemented in Van Don
To be able to attract this large capital, Quang Ninh has launched a series of solutions. Of which, notably, the plan of the People’s Committee of Quang Ninh province states that it will “hire foreign consultants and manage some economic sectors” in Van Don. This is a fairly common practice in many special zones and economic zones around the world. Some countries they hire foreigners to take over management positions as special zone chiefs or mayors …
In addition, it is strengthening the management of planning, completing land use planning, widely publicizing, publicly announcing plans, focusing on ground clearance to create clean land fund for investment projects in order to attract investors. Investors. Especially planning high-class cities to attract big businesses to work and live.
The investment promotion was also set by Quang Ninh province for Van Don, at the same time closely coordinated with major investors, strategic investors such as SunGroup to promote infrastructure development, invite and attract investors. Major investors in foreign markets.
In addition, Van Don will also continue to reform administrative procedures under the one-door mechanism. Carry out a review of all administrative procedures related to investment, business, immigration, import and export, tourism in Van Don economic zone. The Provincial People’s Committee considers eliminating part or all of unnecessary procedures, minimizing the time for settling administrative procedures.
In the coming time, the Quang Ninh People’s Committee’s plan will promote calling for investment in key foreign markets such as the US, Japan, Korea, Europe and the United Arab Emirates to increase promoting and calling for investment in tourism and commerce for Van Don economic zone.
Many big investors are planning to invest in Van Don
Along with the plans on attracting large investment resources from large domestic and foreign corporations, according to the plan of the provincial People’s Committee, the total demand for investment capital from the state budget in the 2019-2030 period according to the content of the Planning overall socio-economic development of Van Don economic zone to 2020, vision to 2050 approved by the Prime Minister is VND 8,350 billion.
In particular, the provincial budget reserved resources and allocated VND 2,400 billion in the period of 2019 – 2025 to invest in infrastructure for Van Don economic zone. Proposing the central budget to balance resources and supplement Van Don economic zone with VND 2,100 billion in the period of 2019 – 2025.
Van Don economic zone mobilizes resources from land of about VND 350 billion in the period of 2019 – 2025 and devotes all the budget revenue in the area to reinvest. It is estimated that the budget revenue for investment is about VND 3,500 billion in the period 2026 – 2030.