Investment News

Ensure resources for investment and development


In the period of 2021-2025, Quang Ninh province prioritizes resources to allocate investment to key and motivational projects. Thereby, creating a foundation to successfully transform the growth model from "brown" to "green". This is a breakthrough step to unlock investment capital for infrastructure development, especially transport infrastructure and dynamic projects in the fields of tourism, services, etc. to promote socio-economic development.


Quang Ninh province is steadfast in its goal of "taking public investment to lead investment" to attract motivational and key projects of stimulating nature, unlocking investment resources from other economic sectors. Accordingly, the province's view will arrange to use state budget capital to maximize capital from other economic sectors, focusing on investing in improving technical infrastructure, meeting the requirements of sustainable development. . Up to now, many key projects that are the driving force for promoting intra-regional and regional linkages, ensuring the potentials, strengths and comparative advantages of each locality in the Northern key economic region have been completed. into, put into use and promote efficiency after investment.

Typically, the Van Don - Mong Cai expressway has a total length of nearly 80.2km, the scale of 4 car lanes with a maximum speed of 120km/h. The project is divided into two component projects: the Van Don - Tien Yen route 16.08km long, invested by the provincial budget, and the Tien Yen - Mong Cai route 63.26km long, implemented in the form of a public partnership. private investment (PPP), BOT contract. Total investment is more than 11,000 billion VND, started in April 2019, until now the construction items are almost completed.

It is expected that from August 1, 2022, the Van Don - Mong Cai expressway will be put into temporary operation to serve the connection of the entire Ha Long - Mong Cai expressway with Bach Dang bridge and Hai Phong - Ha highway. Interior. Thus, Quang Ninh is the locality with the longest highway length in the country, about 180km. Van Don - Mong Cai Expressway is considered as the final "piece" to complete the arterial traffic route Hanoi - Hai Phong - Ha Long - Van Don - Mong Cai, contributing to shortening travel time from the capital. Hanoi to Mong Cai International Border Gate is only 3 hours compared to 6 hours ago. When put into operation, this expressway will form a road corridor and a traffic gateway connecting the northern provinces of Vietnam with ASEAN and China, creating a driving force for the development of regional linkages and economic development. - the Northern key economic region's society.