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Bringing Phu Yen to rich and prosperous development


Phu Yen province planning: Bringing Phu Yen to strong and prosperous development

Phu Yen respectfully invites and welcomes investors and commits to accompanying businesses and investors to transform investors' ideas along with the orientations and goals of the Provincial Planning for the period 2021 - 2030, vision by 2050 into reality.





National Assembly Chairman Vuong Dinh Hue, Deputy Prime Minister Tran Hong Ha and leaders of Phu Yen province congratulated investors who were awarded policy decisions, investment certificates, and investment policy adjustments...
National Assembly Chairman Vuong Dinh Hue, Deputy Prime Minister Tran Hong Ha and leaders of Phu Yen province congratulated investors who were awarded policy decisions, investment certificates, and investment policy adjustments...

Pave the way for a bright future

The conference to announce Planning and Investment Promotion in Phu Yen province has expanded opportunities and development space, creating more impetus for Phu Yen to develop strongly, becoming one of the blue-water economic centers of the country. Central Coast region, an attractive investment destination for large domestic and foreign enterprises, with the pillars of digital economy, industry - green energy; high quality service tourism; high-tech agriculture; maritime transport and logistics…

According to Deputy Prime Minister Tran Hong Ha, Phu Yen has all the conditions to pioneer in transforming the growth model towards green and sustainable, in line with global trends; becoming one of the centers of the blue ocean economy with dynamic service, tourism and industrial sectors associated with the green energy ecosystem.

“Phu Yen province planning is built with breakthrough thinking, long-term vision based on the unique potential of natural resources and culture; concretizing the policy of the Politburo in Resolution No. 26-NQ/TW on the development of the North Central and South Central Coast regions; Expressing the people's aspirations for a green, beautiful, prosperous and happy Phu Yen", Deputy Prime Minister Tran Hong Ha shared.

The Deputy Prime Minister emphasized that Phu Yen Provincial Planning will be a "comprehensive" version of the plans, playing a role in shaping the province's development space in a close organic connection with the provinces in the South Central region. and Central Highlands.

Pointing out the province's huge potential to develop renewable energy (wind power, solar power, new forms of energy such as hydrogen, green ammonia...), the Deputy Prime Minister noted that Phu Yen needs to have thinking and solutions. Breakthrough solutions to attract investment to stay one step ahead, lead and promote investment in the fields of metallurgy, refining - petrochemicals, and shipping.

Mr. Pham Dai Duong, Secretary of Phu Yen Provincial Party Committee, emphasized that the Phu Yen Provincial Planning for the period 2021 - 2030, with a vision to 2050, approved by the Prime Minister is very important, opening up a new vision, many new directions and new goals for Phu Yen on its future development path.

Mr. Duong said, Phu Yen will continue to innovate thinking and implementation methods; creating a breakthrough in improving the quality of the investment - business environment, enhancing the province's competitiveness to successfully implement development goals, gradually realizing the orientations of the Provincial Plan .

For the business community and investors, Phu Yen province commits to always accompany and create all favorable conditions within the framework of the Party's policies, guidelines and legal regulations.

“We believe that the projects that are about to be decided and have memorandums of understanding at today's Conference will soon be realized, becoming new values ​​of businesses, the economy and symbols. new symbol for the successful development of Phu Yen province in the future. The Party Committee, government and people of all ethnic groups in Phu Yen province are determined to unite, unite, promote internal strength and achievements, strive to overcome difficulties and challenges, take advantage of favorable opportunities, Organize and successfully implement the orientations and development goals of the province according to the approved Plan, gradually realizing the aspiration of making Phu Yen develop strongly and prosperously, contributing to building the country of Vietnam. The South is prosperous and happy," Mr. Duong emphasized.

Regarding investment promotion, Chairman of Phu Yen Provincial People's Committee, Mr. Ta Anh Tuan, shared that Phu Yen will comprehensively innovate investment promotion in the direction of proactively seeking and inviting large, strategic investors. domestically and internationally; Introduce and promote the investment environment, potential and advantages of the province according to the list of priority projects calling for investment so that they can approach and research investments.

"We are committed to accompanying investors in the process of researching and implementing projects, creating the most favorable conditions in terms of policies, investment and business environment within the framework of the law," Mr. Tuan said. .




A series of "big men" poured capital into Phu Yen

Indochina Capital Group is implementing two large projects in Phu Yen, including Mandarin Oriental Bai Nom Resort Project (2 hectares, in Song Cau town) and Wink Tuy Hoa Hotel Project (58 rooms).

Mr. Peter Ryder, CEO of Indochina Capital Group, shared that leaders of Phu Yen province welcome and create conditions for investors to implement projects and develop successfully and sustainably. “Phu Yen has great potential for tourism and production. In terms of geographical location, Phu Yen is the perfect place to attract light industrial activities", assessed Indochina Capital representative.

At the Conference to announce Phu Yen Provincial Planning and investment promotion, Phu Yen Provincial People's Committee awarded policy decisions, investment certificates, and adjusted investment policies for 14 projects. Of which, the trade, service and tourism sectors account for 50%.

Projects with investment capital of over 1.000 billion VND include: Nui Thom Ecotourism Area Project (Northern Sao Phuong Phu Yen Joint Stock Company); Vung Lam Resort Construction Project (Everland Phu Yen Joint Stock Company); Hoa Thanh Resort Beach Tourist Area Project (Hoa Thanh Resort Beach Tourist Area Co., Ltd.); Bai Nom Ecotourism Area Project (Viet An Phu Yen Housing Investment and Trading Joint Stock Company).

Besides, there are a number of other projects such as: Xuan Dai Bay Commercial Service and Tourism Resort Complex Project (nearly 800 billion VND) of Xuan Dai Bay Investment Joint Stock Company; Casanova Bai Tram luxury resort project (nearly 220 billion VND) of Bai Tram Investment Joint Stock Company; Fleur De Lys Resort Phu Yen project (250 billion VND) of FDL Investment Joint Stock Company.

In the manufacturing sector, there are 3 projects, including: Factory project for manufacturing pharmaceuticals and health care products according to GMP standards of ASTA Healthcare USA Joint Stock Company (more than 820 billion VND); Huy Thien Phu Construction Materials Production Cluster Project of Huy Thien Phu Trading and Services Joint Stock Company (nearly 200 billion VND); Investment project to expand the Thai Thinh Interior Decoration Products Factory of Thai Thinh Interior Decoration Products Manufacturing Company Limited (more than 150 billion VND).

The agricultural sector has 2 projects, including: High-tech livestock area project of Quang Minh Livestock Technology Development and Investment Joint Stock Company (nearly 800 billion VND); Area project linking high quality rice production, purchasing, processing and exporting rice in Phu Yen province (nearly 600 billion VND) of Trung An High-tech Agriculture Joint Stock Company.

The infrastructure sector has 2 projects, including: Inter-commune clean water supply projects of Hoa Thang, Hoa Dinh Dong, Hoa Quang Nam, Hoa Quang Bac and Hoa Tri of Global Technology Transfer Investment Company Limited ( 250 billion VND); Song Cau 2 Water Plant Project - Tuy An of Vietnam Eco-Urban Joint Stock Company (nearly 150 billion VND).

Also at the event, Phu Yen Provincial People's Committee awarded 6 investment cooperation memoranda to investors. In particular, Hoa Phat Group Joint Stock Company explores investment opportunities in 3 projects, including: Bai Goc Port Project (expected investment of 24.000 billion VND); Hoa Tam Industrial Park Infrastructure Investment and Business Project (about 13.300 billion VND); Hoa Phat Iron and Steel Complex Project in Hoa Tam Industrial Park (about 86.000 billion VND).

N&G Group Joint Stock Company explores investment opportunities for High-tech Industrial Park infrastructure investment and business project (about 2.550 billion VND); TH Group Joint Stock Company continues to invest in Phu Yen clean food factory cluster project (about 1.550 billion VND); Trung An High-tech Agriculture Joint Stock Company explores investment opportunities in the Domestic Waste Treatment and Power Generation Plant Project (about 1.400 billion VND)…

Mr. Tran Dinh Long, Chairman of the Board of Directors of Hoa Phat Group shared that Phu Yen province has the South Phu Yen Economic Zone and the province's leaders are very welcoming to qualified investors, so after a period of research, Researching and discussing with provincial leaders, local departments and branches, Hoa Phat decided to invest in 3 projects in Nam Phu Yen Economic Zone, with a total investment scale of over 120.000 billion VND.

Mr. Long expects that when these projects come into operation, they will create jobs for 20.000 workers in Phu Yen; Contributes about 10.000 billion VND to the local budget each year.

“In the spirit of responding to the Central Government's direction on promoting production development, the province's economic development policy, as well as the traditions of Hoa Phat Group, we are committed to coordinating with the provincial leaders and the Local departments, agencies and branches quickly complete investment procedures and processes to soon put the project into operation. We are committed to implementing projects with a sense of urgency, while ensuring absolute compliance with legal regulations and, in particular, ensuring they meet environmental standards and regulations," Mr. Long shared. shall.

Chairman of Hoa Phat Group believes that Hoa Phat's projects in Phu Yen will be successful, have a positive spillover effect, and promote the province's socio-economic development.





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