Investment Promotion Activities in Quang Tri Province in Quarter III/2023

Wednesday - 29/11/2023 02:44
In the third quarter of 2023, Quang Tri province will promote and focus all resources to strive to complete all socio-economic targets of 2023. Strengthen inspection, review, and speed up the progress of projects key infrastructure and economy. Concentrate intellectual resources to complete the Provincial Planning dossier for the period 2021 - 2030, with a vision to 2050, submit it to the Government for approval as a basis for the socio-economic development process in the new period.
In order to speed up the investment progress of key projects and works in the province, leaders of the Provincial Party Committee and Provincial People's Committee strengthen direct inspection and control at the scene, to closely direct and suit the actual situation to accelerate projects. Focus all resources on important infrastructure projects such as: Cam Lo - Van Ninh expressway; My Thuy Port Area project; Quang Tri Industrial Park project, Quang Tri Airport project, Hai Lang LNG Gas Power Plant project 1500MW, etc. Taking advantage of the direction and attention of ministries and central branches, the Government unifies policies and supports the province to invest in important infrastructure projects such as the investment project on National Highway 15D connecting La Lay to the  My Thuy Port Area, Cam Lo - Lao Bao Expressway project, etc.

In the third quarter of 2023, the Province also implemented many foreign affairs and investment promotion activities. Welcoming and working with the Ambassador Extraordinary and Plenipotentiary of the Kingdom of Thailand in Vietnam and leaders of the Northeastern provinces of Thailand, the delegation of the French Development Agency. Especially in coordination with the Ministry of Foreign Affairs and the Embassy of the Kingdom of Thailand in Hanoi to successfully organize the first " Meet Thailand" conference in Dong Ha city, Quang Tri province. At the conference, representatives of Quang Tri province leaders and Ambassador Extraordinary and Plenipotentiary of the Kingdom of Thailand in Vietnam along with leaders of Thai provinces and partners had open discussions about development investment needs, local advantages and strengths, areas calling for investment, investment incentive mechanisms and policies to support businesses in investing, ect. In addition, Quang Tri province and businesses from provinces and cities in the country and Thai businesses have coordinated to organize a space to introduce goods and agricultural products that are the strengths of businesses and regions. Through business connection activities (B2B), many businesses have found a common voice in investment cooperation, production and product consumption.

In addition, one of the important activities in the third quarter of 2023 is to organize a conference to evaluate the Provincial Planning for the period 2021 - 2030, with a vision to 2050. At the appraisal conference, taking advantage of the guidance of the Minister of Planning and Investment and Chairman of the Provincial Planning Appraisal Council Nguyen Chi Dung, delegates focused on analyzing and building the content of the project, drafting planning, it is necessary to provide orientation and vision for rapid and sustainable development, narrowing the gap with the provinces, contributing to the successful implementation of the Resolution of the 13th Party Congress. On the basis of inheriting and promoting the orientations and strategies of the Master Plan for socio-economic development for the period 2011 - 2020; with the viewpoints of developing Quang Tri province in a green and sustainable direction, closely combining socio-economic development, proactive international integration and investing in building a modern infrastructure system, synchronously and strongly shifting the economic structure and exploiting and promoting regional connectivity, specific natural and social characteristics of Quang Tri province. Quang Tri province planning for the period 2021-2030, vision to 2050 defines the vision and goal of becoming a province with a strong economy with the main structure being industry - services and being one of the driving forces for development of the Central Coast region; Strive to become one of the clean energy centers of the Central region and the whole country; Participate actively and proactively in trade activities and links on the East - West Economic Corridor and be an important nucleus in the supply chain of trade, tourism, transportation and logistics between Quang Tri and other countries. Countries include: Laos, Thailand, Myanmar and Southeast Asian and West Asian countries. To achieve the above goal, Quang Tri province selected: 4 breakthroughs, 5 key industries, 4 dynamic economic corridors. At the conference, 100% of council members approved the draft socio-economic planning of Quang Tri province for the period 2021-2030, with a vision to 2050, and submitted it to the Government for approval with the condition of amendments, supplement and complete.


During the period of decline in global economic growth due to the influence of the Russia-Ukraine war and many different objective and subjective factors, it also significantly affected socio-economic development domestically as well as in the world conscious. However, from the beginning of the year to September 15, 2023, the province recorded 36 projects granted investment policy decisions/investment registration certificates with a total registered capital of VND 3,121.8 billion; Of which, in addition to the Industrial Park, the Economic Zone has 33 projects with a capital of 1,826.2 billion VND; In the Industrial Park and Economic Zone, there are 03 projects with registered capital of 1,295.6 billion VND. Many potential investors have come to survey and research investment projects in Quang Tri, such as VNM Group researching investment in dairy farms in Dakrong and Cam Lo districts; Sakae Vietnam Group researches and invests in the Khe Sanh Quang Tri coffee product development project and community coffee experience tourism in Huong Hoa, Vietnam Cassava Association, etc. The province has also organized many meetings to handle problems in completing investment procedures, project implementation and urging projects that are behind schedule or delayed in implementation to contribute to effective implementation  of "on-site investment promotion" activities.

Author: Lê Minh Sơn

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