In 2024, Quang Tri province will continue to affirm its dynamism and efforts to improve the investment environment to promote sustainable economic growth. With the right policies and the determination of the local government, Quang Tri has achieved many important achievements in various fields.
(Cua Viet Beach, Gio Linh District)
Economy continues to grow
In 2024, Quang Tri recorded encouraging economic growth, especially is in agriculture, industry and services. The province's key economic sectors are prioritized for development, such as high-tech agricultural production, food processing, renewable energy and tourism.
The completion of strategic transport projects such as Cam Lo - Lao Bao expressway, road 15D connecting My Thuy deep-water seaport with La Lay international border gate connecting to Salavan province (Laos) and upgrading the infrastructure system in the Southeast Economic Zone has created momentum for business and transportation activities. connecting Quang Tri with neighboring areas, increasing local competitiveness.
In terms of investment attraction, Quang Tri has become an attractive destination for domestic and foreign investors thanks to a transparent investment environment and active support from the government. In particular, Southeast Quang Tri Economic Zone and My Thuy seaport are bright spots to attract investment capital in the fields of heavy industry, logistics and energy.
Investment promotion activities are well organized, connecting with many international partners such as Japan, South Korea, China, Australia and Singapore. The province also encourages and supports start-ups, innovates, and creates diversity in industries and investment fields.
The Quang Tri government has focused on accelerating the construction of transport, energy and urban infrastructure to create favorable conditions for businesses. At the same time, administrative procedures related to investment, production and business have been thoroughly reformed, minimizing time and costs for investors and businesses.
Renewable energy projects, especially wind and solar power, continue to be strongly invested, helping Quang Tri create momentum to become the green energy center of the Central region.
Despite many achievements, according to experts and the business community, Quang Tri is facing challenges, such as improving high-quality human resources, completing synchronous infrastructure and handling difficulties in site clearance for large projects.
Create a "launchpad" to attract investment
According to Acting Chairman of Quang Tri Provincial People's Committee - Ha Sy Dong, in general, 2024 marks a new step in Quang Tri's economic development and investment attraction. These efforts not only help the province significantly improve its competitiveness but also contribute to the overall development of the Central region and the whole country. In 2025, the province will continue to accelerate the implementation of socio-economic development tasks and solutions according to the 5-year plan to ensure the set schedule. At the same time, the province focuses on developing sectors and fields in the area according to the Quang Tri provincial planning for the period of 2021 - 2030, with a vision to 2050 approved by the Prime Minister.
Poong In Vina (Korea) Co., Ltd. built a fashion garment factory for export in Quang Tri and will come into operation from January 2025
Mr. Le Dinh Sung - Chairman of Minh Hung Joint Stock Company said that in 2025, in the face of fierce competition to attract FDI from a number of countries in Southeast Asia, to create a solid "launchpad" and have many "bright doors" to welcome the new wave of FDI, Quang Tri still has a lot of work to do. In particular, the province needs to continue to review and adjust foreign investment policies in line with global trends, in which special attention is paid to sectors and fields that are the province's advantages, capable of making a great contribution to the state budget.
Mr. Le Quang Nhat, General Director of Quang Tri Trading Corporation, said that in order to create a "launchpad" for businesses to develop in the coming time, Quang Tri province needs to realize strategic solutions to build a favorable business environment and promote investment. At the same time, promoting public investment and disbursement of public investment capital, thereby leading private investment for mutual development. First of all, the province needs to focus on completing strategic transport projects with regional linkages - an important factor to help reduce logistics costs and increase competitiveness for businesses, promote investment and trade.
