KIEN GIANG PROVINCE CALLS FOR INVESTMENT
KIEN GIANG PROVINCE CALLS FOR INVESTMENT — The southern province of Kiên Giang has listed three projects in Phu Quoc island district that are in urgent need of investment. One of the projects is a 500-bed hospital accompanied by a convalescence facility on an area of more than 10ha of land in Bai Truong, Duong To Commune. The second is a resort and tourism complex on 42ha of land in Bai Thom eco-tourism site, Bai Thom Commune, which is envisioned to serve 1,200-1,600 visitors a day. The third project is a waste treatment plant capable of processing 150 tonnes of garbage a day, in Duong To Commune.
The chairman of the provincial People’s Committee has approved the list and assigned the management board of Phu Quoc economic zone to call on investors and organize biddings in line with the law. According to the management board of Phu Quoc economic zone, the island district currently has 278 valid investment projects in designated areas spanning over 10,700ha. The projects have total investment capital of more than VNĐ361 trillion (US$15.75 billion). Thirty-four projects have become operational. Located on the Vietnam-Cambodia-Thailand marine economic corridor, Phu Quoc is dubbed the ‘pearl’ island. Phu Quoc island district targets to serve at least half a million international tourists in 2018, according to local authorities.