Ninh Thuan: Accelerating investment attraction, promoting effective credit policies

Organize a conference connecting investors with the Vietnam Development Bank on May 17, 2025

With the orientation of becoming a clean energy center and a strategic investment destination in the South Central region, Ninh Thuan is promoting many synchronous solutions to attract investment, develop infrastructure and create a favorable business environment. One of the important highlights is the Conference connecting investors and implementing the State's investment credit policy, scheduled to be held on May 17, 2025 at Anara Binh Tien Golf Course and Tourist Area, with the coordination between Ninh Thuan Provincial People's Committee and Vietnam Development Bank (VDB).

At the conference, the province will announce the progress of new industrial parks such as Ca Na Industrial Park Phase 1, Ca Na seaport system Phase 2 and Ca Na logistics center with a scale of 120 hectares. (Photo: DNTN)

Breakthrough in attracting investment, effectively exploiting available potential

In recent years, Ninh Thuan's economy has recorded many positive results thanks to the right development orientation, prioritizing areas with comparative advantages and high spillover. In the period 2021-2024, the province's average GRDP growth rate reached 8.85%/year, higher than the national average. In 2024, Ninh Thuan's GRDP per capita is estimated to reach 98.2 million VND, an increase of nearly 2.7 times compared to 2015.

To date, the province has attracted 488 investment projects with a total registered capital of VND247,300 billion. Of these, there are 444 domestic investment projects with a total capital of over VND216,900 billion and 44 FDI projects from investors from Korea, Thailand, Singapore, the United States, etc. with a total capital of over VND30,400 billion. Many large projects have been effectively implemented in the fields of renewable energy, processing industry, real estate and tourism.

Promoting those results, in 2025, Ninh Thuan sets a target of GRDP growth of 13-14%, GRDP per capita of about 115 million VND and total social investment capital of up to 22,500 billion VND. This is an important premise to realize the Provincial Planning for the period 2021-2030, with a vision to 2050 approved by the Prime Minister.

The province also identified five breakthrough areas that need to be prioritized for investment attraction, including: energy and renewable energy; high-quality tourism; processing and manufacturing industry; high-tech agriculture; and transport infrastructure, real estate, and logistics. These are industries with long-term development potential, suitable for Ninh Thuan's natural conditions, geographical location, and regional connectivity.

State credit – a tool to support businesses in developing strategic projects

The investor connection conference on May 17, 2025 is not only a forum to introduce investment opportunities, but also an opportunity for the business community to access preferential credit policies from the Vietnam Development Bank - a credit institution assigned to provide capital for important projects according to the State's orientation.

According to the VDB representative, by the end of March 2025, the Development Bank system had signed 31 new investment credit contracts with a total registered capital of VND 12,243 billion, contributing to increasing the total outstanding investment credit of the entire system to VND 38,380 billion out of the total outstanding debt of VND 161,540 billion.

Current credit policies under Decree 78/2023/ND-CP are creating favorable conditions for businesses to invest in priority sectors such as infrastructure, energy, supporting industries and logistics. The fixed lending interest rate in 2025 is kept at a competitive level of 6.9%/year. The loan limit can be up to VND 12,000 billion for a single customer and VND 20,000 billion for a group of related customers. The maximum loan amount is equal to 70% of the total investment capital of the project, with a term of up to 25 years.

At the conference, Ninh Thuan province will introduce a list of key projects calling for investment in association with regional planning, including: solar power projects (1,974 MW), wind power (1,039 MW), Ca Na LNG Power Center (1,500 MW), green hydrogen production, seaport infrastructure, logistics centers, processing industries and industrial clusters in localities in the province. In addition, the province will also announce the progress of new industrial parks such as Ca Na Industrial Park Phase 1 (378 hectares), 9 new industrial clusters with a total area of ​​over 412 hectares, along with the Ca Na seaport system Phase 2 and the Ca Na Logistics Center with a scale of 120 hectares.

Organizing the conference at the right time and in the right direction is demonstrating the political determination and clear development strategy of Ninh Thuan province. In the context of the Government promoting public investment, boosting development credit and attracting social resources into infrastructure, energy and processing industry, Ninh Thuan is emerging as a bright spot in terms of policy coordination, investment environment transparency and effective connection between the State - enterprises - financial institutions.

Kim Xuyen

Source: https://congthuong.vn/ninh-thuan-tang-toc-thu-hut-dau-tu-phat-huy-hieu-qua-chinh-sach-tin-dung-387300.html