Quang Yen town works to help Quang Ninh achieve double-digit growth

With its advantage as a southwestern coastal urban area of Quang Ninh province, Quang Yen town has attracted many large projects in various fields. The town is exerting every effort to become a motivator helping Quang Ninh achieve the goal of double-digit growth in 2021 amidst complicated developments of the COVID-19 pandemic.

This year, Quang Yen set a target of clearing ground for nine projects, including four transport infrastructure projects, four industrial parks and the Ha Long Xanh urban complex, with a total area of 4,470ha and more than 6,700 households affected.

One of the projects with a large area to be cleared is the Ha Long Xanh urban complex invested by VinGroup with a total capital of over 232.3 trillion VND (10 billion USD). The project covers about 4,110ha, with 3,186ha belonging to the territory of Quang Yen town. The number of affected households is 2,054.

To date, around 2,800ha of Quang Yen have been checked. The town is accelerating the work, with a hope to hand over the ground to the investor by the end of this year.

In order to ensure the goal of handing over the ground on time, the Centre for Land Fund Development is working with relevant localities to quickly complete land surveying. Pham Minh Ha, Deputy Director of the Centre, said that the unit has arranged its staff to work on Saturdays, Sundays and overtime to ensure the work and make compensation plans.

To achieve a double-digit growth rate and budget revenue of 51 trillion VND (over 2.2 billion USD) this year, the northern province of Quang Ninh is working to sustain the productivity of its economic pillars.

Authorities are taking actions to address market-related difficulties and the increase in unsold inventory so as to encourage the coal industry, a major sector in Quang Ninh, to maximise the mining output, thus contributing to the gross regional domestic product (GRDP), the State budget, and social security.

The province looks to raise the clean coal output in 2021 by 2.82 million tonnes compared to the target set at the start of the year. It will work to secure 10.2 billion kWh of electricity produced in the fourth quarter and 38.5 billion kWh in the whole year.

Local authorities are tackling difficulties and creating optimal conditions for the processing and manufacturing industry, especially flour, plant oil, textile - garment, electronics, and mechanical factories, to maximise capacity and output so that this sector can serve a true growth impulse.

Some projects in local industrial parks will be sped up so as to partly or wholly become operational in Q4, thereby creating new products and subsequently a new impulse for growth.

Quang Ninh is also accelerating procedures so that work on four key projects worth over 283.2 trillion VND in total will begin this October. They consist of the Ha Long urban area complex, the Quang Ninh LNG-fired power plant, Phase 1 of the Van Ninh general port, and the Dong Trieu golf course.

With total investment of more than 17 trillion VND, three key projects expected to act as driving forces for the province’s development are scheduled to be completed by December 31, namely Van Don - Mong Cai Expressway, the coastal road linking Ha Long and Cam Pha cities, and Cua Luc 1 Bridge.

Infrastructure construction is being hastened at the Nam Tien Phong, Bac Tien Phong, and Dam Nha Mac industrial parks, Hai Ha Seaport, and Van Ninh Port. Relevant agencies are also making efforts to attract strategic investors to developing seaport infrastructure and logistics services at Hon Net - Con Ong Port in Cam Pha city. Quang Ninh recorded an estimated GRDP growth rate of 8.2 percent in the first nine months of 2021.