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Investors sought for many projects in Quang Ninh

The northern province is looking for investors to develop Van Don industrial park for bonded warehouses and green industries at a cost of some US$1.5 billion and Cai Bau port project at nearly US$1.2 billion. 

The list also comprises Halong-Mong Cai expressway project worth more than US$700 million, Halong-Noi Bai expressway valued at over US$577 million and Nha Mac Lagoon industrial park with more than US$530 million. 


Tourism, trade and culture account for the biggest number of projects inthe list, including major tourism projects such as Cai Chien tourist area in Hai Ha District, Tra Co tourist area in Mong Cai and a tourist site on Phuong Islandin VanDon. These projects will require investments from over US$200 million to over US$360 million. 

Quang Ninh Province is seeking investors for 13 projects in transport development and 10 projects related to development of industrial parks and urban areas. Investments are also needed for projects in health,education and training, environment, water supply and agriculture.

The province wants most of the projects to be implemented under the public-private partnership (PPP) format and by consortiums of investors. The provincial IPA (investment promotion agency) is assigned to look for investors for the projects and propose changes to the list depending on development of the province. 



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