Tourism expansion in Quang Binh

Quang Binh will seek funding of US$4 billion for 40 projects during 2014 to 2015 in an effort to raise tourism and industry sector competitiveness.

Phong Nha cave - the most famous site in Quang Binh province which attracts many tourists

Phong Nha cave – the most famous site in Quang Binh province which attracts many tourists

The province chairman, Nguyen Huu Hoai, told local media that the areas included infrastructure in industrial zones, tourism, industrial production and agriculture.

“The province is also looking for investment in culture, healthcare, and education sectors.”

The province has called for investment in two key infrastructure projects, such as Bao Ninh and Phu Hai Urban Areas with a capital investment of at least US$52.3 million.

There are nine tourism-related projects, including Phong Nha-Ke Bang, Da Nhay-Ba Trai tourism complex, and Dong Hoi golf course.

In the industrial area, the province have been looking for investment for 17 projects, including the Quang Trach 2 Thermal Power Plant with a 1,200 MW capacity in the Hon La Economic Zone with an investment of US$1.3 billion and a 20-hectare auto assembling factory with an investment of US$500 million.

The wholly foreign-invested Hon La Port and oil pipeline project to Laos will cost US$200 million.

The chairman said: “The province has a favorable business environment for both domestic and foreign investors in Vietnam.”

Quang Binh province has received 267 registered projects with a total investment of US$4.76 billion, of which 158 projects have been under implementation with a registered capital of US$3.75 billion.

Vietjet Air project development director, Hoang Anh Tung, said the airline plans to open routes to connect to the province this year adding that the carrier will buy seven new aircraft, raising the fleet strength to 18 planes.

“We plan to open new routes this year to fully use new aircraft. We expect to receive support from the province as we will open the Ho Chi Minh City-Quang Binh route this year…the route will promote tourism in the province.”

Last year, the province attracted 1.1 million tourist arrivals increasing 9.1% from 2012. Of this figure, more than 975,900 arrivals stayed in the province overnight.

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