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15 billion USD projects proposed for Van Don

Businesses proposed to develop three large-scale projects, expected to cost about 10-15 billion USD, in Van Don special economic zone during a recent meeting with Quang Ninh’s leaders.
15 billion USD projects proposed for Van Don ảnh 1Investors table three large-scale projects in Van Don special economic zone (Photo: quangninh.gov.vn)
Quang Ninh (VNA) - Businesses proposed to developthree large-scale projects, expected to cost about 10-15 billion USD, in Van Donspecial economic zone during a recent meeting with Quang Ninh’s leaders.

They include Vision Transportation Group (VTG), Hai Dang JSC,and Sunny World Property Development Corp, according to the province portal. 

Three mammoth projects recommended at the meeting were theexpressway linking Mong Cai and Van Don, the Hon Net - Con Ong seaport, and theurban complex in the north of Cai Bau island.

The urban complex in the north of Cai Bau island will includea residential area and shopping and service areas on 5,000 ha of land. It willbe connected to Van Don Airport and railway station and the Van Don Heritageroad in the southern part of the island.

Meanwhile, the Hon Net - Con Ong seaport project, worth 1.2billion USD, will span a total area of 500ha. The construction of the portsystem would be done in phrases. In the first stage, a wharf with length at 350– 400 meters will be developed to accommodate the 150,000 DWT (DeadweightTonnage) vessels.

The third, Van Don- Mong Cai highway project, will have a lengthof 100km, connecting Mong Cai border gate with Van Don special economic zonewith central station at urban complex in the northern part of Cai Bau island.It will be used for passengers and improve transportation. 

At the meeting, Quang Ninh Party Committee Secretary Nguyen VanDoc spoke highly on these three proposed projects, adding that localauthorities would create the most favourable conditions for investors inimplementing their projects.-VNA
VNA

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