Attracting investment

Promoting improvements in the investment and business environment, creating favorable conditions for investors and businesses, and continuously reforming administrative procedures are tasks that Quang Ninh province pays special attention to. Through these efforts, Quang Ninh aims to build itself as a reliable and reputable destination for domestic and foreign businesses and investors, creating momentum to attract projects and boost the local economy.

With the perspective that "The success of businesses and investors is also the success of Quang Ninh province," over the years, the province has always created a transparent, favorable, and efficient investment environment, especially by always accompanying and resolving difficulties and obstacles for investors so that they can implement projects as quickly and effectively as possible. Evidence of this is that Quang Ninh's PCI index in 2024 ranked second among provinces and cities with the best governance quality. The Public Administration Reform Index (PAR Index) in 2024 ranked fourth among provinces and cities. The Satisfaction Index of citizens with the services of state administrative agencies in 2024 (SIPAS) also ranked fourth among provinces and cities.

Thanks to a favorable investment environment and transparent, efficient, and effective administration, in the first six months of 2025, Quang Ninh attracted a total social investment capital of VND 61,858 billion, including USD 292.01 million in FDI. The province issued new investment certificates for 12 projects with a total registered capital of USD 173.64 million and approved capital increases for 10 projects totaling USD 116.47 million. Notably, Quang Ninh recorded the establishment of 1,150 new businesses, bringing the total number of operating businesses to over 11,400.

The leaders of Quang Ninh province received a proposal from the Pacific Construction Group (China) to implement a project to build a road tunnel across Cua Luc Bay.

Many large domestic and foreign corporations, businesses, and investors have been continuously exploring and proposing the implementation of multi-billion dollar projects in Quang Ninh. For example, recently, the Pacific Construction Group (China) came to research and propose the preparation of a pre-feasibility study for the road tunnel project across Cua Luc Bay. The project has an estimated total investment of approximately 10,000 billion VND, with an expected implementation period from 2025-2030. Regarding the investment form, the investor will explore and research suitable payment methods and options in accordance with the Law on Investment under the public-private partnership method and current Vietnamese laws. If the project is implemented under the BT (build-transfer) method, the investor proposes to conduct a comprehensive study of the planning for the northern area of ​​Cua Luc Bay.

Receiving the investors, Comrade Vu Dai Thang, Member of the Central Committee of the Party, Secretary of the Provincial Party Committee, and Head of the Provincial National Assembly Delegation, highly appreciated the interest of the Pacific Construction Group in Quang Ninh province. He affirmed that the province will continue to create all favorable conditions in the process of completing the procedures for the group's investment projects in the area. He requested the Department of Finance to act as the focal agency to support the group in implementing the next procedures, ensuring the completion of investment preparation procedures as soon as possible. The Provincial Party Secretary also expressed his hope that, with its experience in urban infrastructure investment, the Pacific Construction Group will conduct a comprehensive study to shape the development of a smart, modern, and ecological urban area in the northern part of Cua Luc Bay. This will contribute to creating new development momentum for Quang Ninh province in the coming period.

Previously, THDV Green Development Investment Consulting Joint Stock Company also reported and proposed to Quang Ninh province the GH2 Green Energy Circular Economy Complex at Hai Ha Industrial Park. The project consists of three components: the GH2 Green Energy Complex, covering 713 hectares, including 5 GH2 modules and 24 domestic production plants; an Angus beef cattle farming center covering 65 hectares, including a farm system, a biomass processing plant for purchasing from farmers, a cattle feed processing plant, and a plant for processing organic fertilizer and livestock waste to serve the power generation industry of the GH2 complex; and an agricultural and forestry raw material planting area of ​​approximately 70,000 hectares… The total investment for the project is approximately 5 billion USD.

The project will establish complexes for generating biomass and renewable energy, utilizing this energy source along with water electrolysis technology to produce liquefied petroleum gas (LPG) fuels (green hydrogen and green oxygen); and provide biomass fuel for electricity production at the GH2 complex and the Angus beef cattle farm…

The investment proposal from THDV Green Development Investment Consulting Joint Stock Company has received high praise from the leaders of Quang Ninh province, as it aligns with the province's trend of developing green, clean, and environmentally friendly energy. Based on the investor's ideas and proposals, Quang Ninh province has directed relevant departments, agencies, and localities to closely coordinate in reviewing and concretizing the ideas, creating the best possible conditions for the investor to research and implement the project.

The continuous influx of investors coming to explore, research, and propose investment projects is clear evidence of Quang Ninh's open, favorable, and transparent investment environment. This is precisely the "magnet" that will attract strategic businesses and investors to continue investing in the province in the future.

Peace

Source: https://baoquangninh.vn/thu-hut-dau-tu-3366979.html