Binh Dinh calls for investment in coastal area of 3,000 hectares

23-Jul-2021 Intellasia | The Saigon Times | 5:02 AM Print This Post

The central province of Binh Dinh has started calling on potential enterprises, local and foreign alike, to invest in the area along the coastal De Gi – My Thanh road in My Thanh Commune, Phu My District, with a total area of about 2,986 hectares.

The move was made after the People’s Committee of Binh Dinh approved the 1/2000-scale zoning plan of the area last weekend.

Accordingly, this will become a multi-functional area with six zones.

Specifically, the first zone is the southern urban area complex covering some 356.9 hectares, promoting the Vinh Loi fishing village culture and developing tourism based on the De Gi lagoon. The second zone is the international marine tourism complex located in the south of My Thanh Commune covering 642.94 hectares, available for urban development, resort tourism, marine entertainment and eco-tourism.

With an area of 209.1ha, the third zone is the hi-tech agricultural park — fishery logistics industry — services complex, while the 519.95-hectare fourth zone is the urban area and tourism service complex located in the north of My Thanh Commune, including resettlement.

The remaining two zones are for developing an ecological residential area, agricultural production and an anchorage area for boats. There will be a centre for researching the environment, natural resources and biodiversity in the De Gi lagoon area.

Reportedly, the De Gi – My Thanh section is part of a major coastal project carried out by the province.

At the meeting of the Binh Dinh People’s Council on June 15, 2021, the investment policy of the coastal road project, namely Cat Tien – Diem Van, was approved with a total investment of nearly VND2,675 billion from the State budget.

At the same time, the province has completed the route from the Cat Tien Town to the new National Highway 19, contributing to the entire coastal route of Binh Dinh Province.

Previously, Binh Dinh decided to invest in the construction of the coastal road (DT639), from Cat Tien to De Gi. The total length of the route is 24.206km, with a total investment capital of over VND1,261 billion. The project implementation period is from 2019 to 2022.

All these projects will help Binh Dinh complete the coastal corridor, aimed at serving socio-economic development and tourism.


Category: Business, Vietnam

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