According to conclusion of the Chairman of Quang Binh Province People’s Committee – Nguyen Huu Hoai, at the meeting of the Steering Committee and Subcommittee for the Investment Promotion Conference of Quang Binh province in 2018, this province strives to reach the total investment to be granted Certificate of Investment as 2 billion USD and the total committed capital at the conference on August 27th 2018 as 4 billion USD.
Quang Binh Investment Promotion Conference 2018 is going to be held on the morning of August 27th, 2018 at Sunspa Resort Convention Center, Dong Hoi. It is expected that Prime Minister Nguyen Xuan Phuc will attend and direct the Conference.
Accordingly, there are 48 projects are invited to investors at this event with a total estimated investment capital of more than 50.000 billion VND and over 8.000 ha of land area for the projects.
In which, in the field of tourism, service and trade, 6 coastal resort projects, 8 eco-resort projects, 3 shopping mall projects are called for capital investment by the province, with a total amount of more than 37.000 billion VND and more than 1.500 ha of land area for the project.
Namely:
Quang Trach coastal tourism and resort complex (land fund of 370 hectares, investment rate of 30 billion VND/ha, in form of investment with 100% capital from investors)
Tan Hoa – Le Thuy coastal tourism and resort complex (land fund of 55 hectares, investment rate of 30 billion VND/ha, in form of investment with 100% capital from investors);
Thanh Trach – Bo Trach coastal tourism and resort complex (land fund of 40 hectares, investment rate of 50 billion VND/ha, in form of investment with 100% capital from investors);
The Quang Tho – Ba Don coastal tourism and resort complex (land fund of 30 hectares, investment rate of 50 billion VND/ha, in form of investment with 100% capital from investors);
Hai Ninh coastal tourism and resort complex (land fund of 23 hectares, investment rate of 50 billion VND/ha, in form of investment with 100% capital from investors);
Da Nhay – Bo Trach coastal tourism and resort complex (land fund of 10 hectares, investment rate of 50 billion VND/ha, in form of investment with 100% capital from investors)).
At the same time, Quang Binh province is also looking for capital for 8 eco-resort projects, including: Bau Sen – Le Thuy tourism and eco-resort complex; Quang Ninh tourism and eco-resort complex; Pha Hac Hai – Quang Ninh tourism and eco-resort complex;
Phong Nha – Bo Trach tourism and eco-resort complex; Thac But – Minh Hoa tourism and eco-resort complex; Thac Mo – Minh Hoa tourism and eco-resort complex; Phuc Trach – Bo Trach eco-resort and Con Soi – Quan Hau tourism and eco-resort complex).
3 shopping mall projects that are prioritized to call for investment: Ba Don shopping mall, hotel and luxury apartments; Dong Phu 1 – Dong Hoi shopping mall, hotel and luxury apartments and Dong Phu 2 – Dong Hoi shopping mall, hotel and luxury apartments.
For the industrial sector, the province calls for investment in 5 projects: Quang Binh wind power development; Quang Binh solar power development; factories of manufacturing and assembling electrical and electronic appliances, telecommunication and industrial equipment; factories of manufacturing energy-saving lighting equipment and factories of manufacturing and assembling auto components, etc. with a total estimated investment capital of more than 8.000 billion VND.
In addition, Quang Binh province also approved calling for investment in 8 projects in the agricultural sector; 3 projects in the field of health and training; 8 residential and urban infrastructure projects and 5 industrial zone infrastructure projects that are considered to be enough potential to attract investors coming for province.
According to the latest report, there are currently more than 440 investment projects in Quang Binh province with registered capital of over 2 billion USD; in which, there are 23 FDI projects (Foreign Direct Investment) with a total registered investment capital of 762,75 million USD. In particular, the tourism sector appears with quite a few of outstanding projects in addition to the aforementioned projects such as Thien Duong Cave Tourist Area; Sunspa resort at My Canh; Bao Ninh Resort; Muong Thanh Hotel; Bien Vang Hotel, etc.
After more than 2 years of construction, In May 2018, Vingroup inaugurated and put into operation the complex of Vincom and shophouse in Dong Hoi city with a total area of 7.000m2.
Moreover, Viet Group Company also carries out construction of the Movenpik Central hotel in Bao Ninh peninsula and makes an investment in another 5-star project in Bao Ninh peninsula, Quang Binh, namely, the Pullman complex of hotel and resort, as well.
It could not help but mention the FLC Quang Binh resort, entertainment, villa, golf course project of FLC Group (13.000 billion VND). This project stretches along the coast of Le Thuy district, Quang Ninh and is considered the project with the largest number of golf courses in Vietnam after completion
Most recently, Truong Thinh Group has also invested in developing Bao Ninh Sunrise project with a total investment of up to 1.000 billion VND. Notably, within the scope of this project, Truong Thinh also cooperates with global leading golf course designer – Great White Shark Group (USA) to invest in a 36-hole golf course according to international standards
According to People’s Committee of Quang Binh province, the locality has just approved a project of calling for investment in the period of 2018-2020 as well as promoted and directed the functional units and localities in the province to urgently develop the content of project information. Quang Binh province commits to provide the best support to investors coming for this locality through its available resources that is assessed to be very rich.