Investment attraction flourishes
In recent times, along with the urgent, serious and drastic arrangement of 2-level administrative units, Quang Ninh province has also focused on promoting socio -economic development, especially actively attracting investment.
Accordingly, the locality continues to strongly promote the development of industrial park infrastructure. The province has completed the clearance of an additional 505 hectares of clean land, bringing the total cleared area in industrial parks to 2,730 hectares. Of which, 1,974 hectares have been assigned or leased, and 1,124 hectares of land have been leased to secondary projects. In addition, 6/12 industrial projects in economic zones and industrial parks of Quang Ninh province have officially started production and 2 other projects are expected to operate in the second quarter of 2025, exceeding the planned target.
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| Illustration photo. (Source: Internet) |
Along with that, in order to expand industrial development space and welcome new investment capital, this locality has established 4 new industrial clusters, with a total investment capital of nearly 3,000 billion VND.
In fact, in recent years, investment capital in Quang Ninh province from large corporations, manufacturing high-tech products, and being part of the global supply chain has brought high export revenue and many job opportunities for local workers and neighboring areas. Initially, Quang Ninh province has formed high-tech textile and garment industry chains, mechanical engineering industry chains, electrical and electronic equipment assembly, industrial complexes for manufacturing, assembling automobiles, and manufacturing automobile components in the province's industrial parks.
According to a representative of Amata Ha Long Urban Joint Stock Company - the infrastructure investor of Song Khoai Industrial Park (Quang Yen Town), Amata has so far attracted more than 20 investors from many countries and territories, such as Hong Kong, Taiwan, Japan, Korea and European countries, with a total registered capital of 3 billion USD. The company expects this number to continue to increase in 2025.
Mr. Huang Chao Wei - CEO of Dibel New Material Technology Co., Ltd. shared that the company is currently operating in the field of high-tech materials, specializing in the production of PMMA panels and is investing in a project in the industrial cluster east of Dam Ha B. The company can start production at the end of December if the project is implemented smoothly.
Not only attracting investment in industrial parks and clusters, in recent times, Quang Ninh province has continued to attract investment in key projects in the fields of resort tourism , entertainment, golf courses and urban areas. Many large projects have been started or promoted in the second quarter of 2025 such as: Van Don Aircraft Maintenance and Repair Center, Van Don Casino (expected to start construction this year), Phuong Dong Urban Area (Van Don), Ninh Duong Urban Area (Mong Cai) ...
According to the People's Committee of Quang Ninh province, as of the end of May 2025, 144 off-budget projects had been appraised and reported in the area. Of these, 45 were new investment projects with a total registered capital of over VND65,000 billion.
Regarding attracting domestic and foreign investment capital, the total value reached more than VND 12,500 billion, up 47.5% over the same period last year. Regarding foreign direct investment (FDI), there were 8 newly licensed projects with a total capital of 139.92 million USD, along with 8 capital increases with a total additional capital of 94.09 million USD, bringing the total FDI capital to 234.09 million USD in the first 5 months of 2025.
Synchronize business support policies
In 2025, Quang Ninh province aims to increase GRDP by 14% or more, maintaining its leading position in regional growth. To realize this goal, Quang Ninh province continues to synchronize policies to support businesses and promote disbursement of public investment capital.
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| Illustrative photo: Convenient traffic infrastructure has contributed to promoting economic development in Quang Ninh province. (Source: Internet) |
In particular, Quang Ninh province has resolutely implemented strong innovative solutions to move towards a modern, professional administration, serving businesses better and better. Along with that, it focuses on supporting investors. Difficulties and obstacles of businesses are handled quickly, not allowing stagnation to last. Thereby creating an increasingly greater attraction for domestic and foreign investors.
Mr. Pham Xuan Dai - Head of the Quang Ninh Economic Zone Management Board said: "The Quang Ninh Economic Zone Management Board will continue to promote the improvement of the investment environment, shorten the time to handle administrative procedures compared to regulations, creating favorable conditions to attract large and branded enterprises and investors to invest in the province's industrial parks".
According to Mr. Vu Dai Thang - Secretary of Quang Ninh Provincial Party Committee, the most important goal of removing difficulties and obstacles for investment projects is to promote socio-economic development in the area and improve the quality of life of the people. In the coming time, relevant agencies will focus on completing the construction of land prices for key non-budget investment projects, not letting the lack of land prices affect the progress of investors. In addition, proactively update and apply newly issued legal regulations in the fields of investment and planning, contributing to reducing and shortening the time for implementing administrative procedures related to investment projects.
According to Business Forum Magazine
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Source: https://thoidai.com.vn/quang-ninh-trien-khai-dong-thoi-nhieu-giai-phap-tao-luc-day-tang-truong-kinh-te-214498.html
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