Topic: nghe an

This event is expected to open more oppotunities for foreign investor from Singapore to invest in the province in the near future

Total domestic and foreign investment estimated at $936mln in first half.

Province has developed more than 10 industrial parks to date.

North-central Nghe An province entered the top 10 cities and provinces in terms of FDI attraction in the first eight months of this year. It has attracted more than $1.8 billion in FDI since 2019.

Boasting the largest land area in the country and known in the north-central region for its beautiful beaches, analysts on urban and real estate believe that Nghe An province still holds a great deal of potential. With nearly VND100 trillion ($4.25 billion) invested in infrastructure, deep-water ports, and airports this year, Nghe An’s real estate market will see more large-scale projects.

The Ministry of Transport has set aside more than VND12.6 trillion ($537.63 million) to implement traffic infrastructure projects in northern Nghe An province within the medium-term public investment plan to 2025. The province has also proposed investing in many key projects in the public-private partnership (PPP) form, such as upgrading Vinh International Airport and building the Cua Lo Deep-water Port.

On July 24, at a meeting with leaders from north-central Nghe An province, Prime Minister Pham Minh Chinh emphasized that the province has a lot of potential and advantages from its seas, forests, and borders, adequate transportation network, and international connections. Opportunities and resources for future breakthroughs are therefore significant.