Van Phong has always been believed as a dynamic economic zone (EZ), creating a new development step for the province.
Van Phong has always been believed as a dynamic economic zone (EZ), creating a new development step for the province. In 2023, when the Politburo's Resolution 09 on construction and development of Khanh Hoa province to 2030, with a vision to 2045 is implemented, the expectation in Van Phong is much greater.
Foundation from planning
In recent years, Van Phong Economic Zone has been identified as a driving force for development as well as one of the three key economic regions of the province. The development process of Van Phong EZ contributes to the economic restructuring process, pushing the growth of the province. In 2022, implementing Decision No. 451/QD-TTg dated April 13, 2022 of the Prime Minister approving the task of adjusting the general planning on construction of Van Phong EZ to 2040, with a vision to 2050, the Management Board of Van Phong EZ has coordinated with the consulting unit to organize the implementation of steps in accordance with the provisions of the law on construction. On October 18, the Provincial People's Committee submitted to the Ministry of Construction for appraisal the project adjusting the general planning of Van Phong EZ construction to 2040 with a vision to 2050. On November 14, the Ministry of Construction issued a document to collect opinions from 9 ministries and the Vietnam Urban Planning and Development Association. The planning adjustment project was appraised in December 2022 and submitted to the Prime Minister for approval in January 2023.
In terms of investment attraction, in 2022, many large domestic and foreign corporations have written proposals for investment ideas in Van Phong EZ, focusing on industries in tourism, industry, energy, and urban areas. However, the adjustment of the general construction planning of Van Phong EZ to 2040, a vision to 2050 and the zoning plans for the construction of functional zones in the EZ have not been approved by competent authorities, so the Management Board of Van Phong EZ has no basis for attracting investment…
|
Breakthrough development opportunity
The Resolution No. 09 of the Politburo and Resolution No. 55 of the National Assembly on piloting a number of specific development mechanisms and policies in Khanh Hoa province have opened up many opportunities for Van Phong EZ to develop. In particular, from 2023, when these two resolutions are focused on implementation, many specific mechanisms and policies will be opened up to attract strategic investors to develop Van Phong EZ. The mechanism of decentralization will also help the province to attract and effectively use resources, making Van Phong EZ a driving force for the development of the province and the South Central region. From there, it will create a spillover effect, attracting investors and helping to maximize the development potential of Van Phong EZ. There’s a good sign that many large corporations and strategic investors have proposed investment ideas in Van Phong EZ with many diverse industries with strong potential for development, such as: refining and petrochemicals, warehouses of liquefied petroleum gas, clean energy production, general port and international transshipment…
Nguyen Trong Hoang - Head of the Management Board of Van Phong EZ said that from the existing opportunities, in order to attract many large investment projects and create motivation for the development of Van Phong EZ in the coming time, Khanh Hoa Province Party Committee and Khanh Hoa Province People's Committee directed the Management Board of Van Phong EZ and related departments and branches to focus on reviewing and completing the plannings in the EZ and industrial zones, ensuring the synchronization between the plans; implementing planning of functional zoning to call for strategic investment projects. Along with that, the province will speed up the pilot implementation of specific mechanisms and policies of the province according to Resolution No. 55, including specific mechanisms for Van Phong EZ, creating a basis for the implementation and realization of these policies development goals of the province and Van Phong EZ. In addition, the units will coordinate to deploy synchronously large and modern technical infrastructure works for the EZ, in order to create linkages for regional development; cooperate with the localities of Phu Yen, Dak Lak... to jointly build a strategy for linking and developing the South Phu Yen - North Khanh Hoa region, the South Central Coast - Central Highlands, aiming to become one of the the driving force for the development of the region and the country as a whole.
Up to now, Van Phong EZ has attracted 150 investment projects (122 domestic projects and 28 foreign-invested projects) with a total registered capital of about 4.1 billion USD; realized capital is 2.68 billion USD, reaching 65% of registered capital. Of which, 95 projects have been put into operation, 55 projects are under construction investment.
Đ.Lâm
Translated by T.T
