December 24, 2023 | 07:45 GMT+7

Phu Yen to build coastal road to boost sea-based economy

Xuân Nghi -

New link in south-central province to receive investment of an estimated $92.5 million.

The Phu Yen Provincial People’s Council has approved the construction of the Tuy An - Tuy Hoa coastal road in the south-central province.

In the first phase, in 2023-2025, the project will have estimated investment capital of VND1.328 trillion ($55 million), to be mobilized from the State and provincial budgets.

In the second phase, from 2026-2028, the project will have investment of VND900 billion ($37.5 million).

The new link will help boost regional transport and create the conditions to effectively use maritime resources in Phu Yen province and the south-central region.

It is also important in implementing the province’s master planning, with a focus on the development of coastal urban areas, sea tourism, and the sea-based economy, said Deputy Chairman of the Provincial People’s Committee Le Tan Ho.

Attention
The original article is written and published on VnEconomy in Vietnamese only. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
VnEconomy is not responsible for the translation.

Google translate