Topic: nghe an

The project slated for commercial operation before 2030.

FDI capital contributing $111.9 million.

The figure up 47.5% year-on-year.

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.