November 10, 2026 | 14:12

Quang Tri draws over $2.4 bln investment as major projects break ground

Nguyen Thuan

The central province has implemented dedicated investor facilitation frameworks, including "24-hour green lanes" and "60% green lanes," aimed at streamlining administrative timelines, lowering compliance costs, and resolving operational hurdles for incoming projects.

Quang Tri draws over $2.4 bln investment as major projects break ground
Groundbreaking ceremony for the U Bo Mountain – Thac Chuoi Lake Eco-Tourism Complex in Bo Trach Commune. (Photo: Quang Tri People’s Committee)

As of October 31, Quang Tri provincial authorities approved in-principle investment decisions and investor selections for 80 domestic projects, representing total registered capital of VND58.22 trillion ($2.28 bln).

Alongside domestic inflows, the province licensed six foreign direct investment (FDI) projects capitalized at $156.76 million (over VND4 trillion), reported the provincial Department of Finance.

Total registered capital across the 86 domestic and FDI ventures reached approximately VND62.24 trillion (roughly $2.43 billion) over the 10-month period, providing key financial impetus to expand commercial production and accelerate local economic restructuring.

To improve its investment climate, Quang Tri has implemented dedicated investor facilitation frameworks, including "24-hour green lanes" and "60% green lanes," aimed at streamlining administrative timelines, lowering compliance costs, and resolving operational hurdles for incoming projects.

Parallel to investment mobilization, provincial manufacturing, commerce, and services maintained solid growth. The Index of Industrial Production (IIP) rose 15.5% year-on-year across the 10-month span, while total retail sales of goods expanded by 12%.

Tourism remained an economic bright spot. The locality welcomed roughly 9.79 million visitors during the 10-month period—a 16.36% year-on-year increase.

Beyond onboarding fresh capital, the locality is expediting execution on cornerstone infrastructure initiatives to expand its regional economic corridors.

In hospitality, ground was broken on the 167.4-ha U Bo Mountain – Thac Chuoi Lake Eco-Tourism Complex. The venture is designed to capitalize on local eco-tourism assets, develop premium travel products, and generate downstream momentum for accommodation, retail, and commercial services.

In transport infrastructure, the Quang Tri Airport Project completed technical evaluations of its flight management infrastructure, culminating in successful test flights conducted on October 15, 2026. The milestone marks a major step toward modernizing provincial transport connectivity, expanding regional access, and facilitating trade and visitor flows.

On October 29, the Capella Quang Tri Industrial Park formally commenced construction in Nam Cua Viet Commune with total registered investment exceeding VND1.15 trillion ($45 million).

The project is slated to supply vital industrial land reserves, facilitate secondary project onboarding, establish modern manufacturing facilities, and generate employment opportunities for the local workforce.

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