Many large corporations seek investment opportunities in Khanh Hoa

Many big "bosses" want to invest in Khanh Hoa

Currently, the Prime Minister has approved the plannings in Khanh Hoa province such as: Planning of Khanh Hoa province in the period of 2021-2030, with a vision to 2050; Adjusting the general planning of Van Phong economic zone, Khanh Hoa province to 2040, with a vision to 2050.

In addition, the People's Committee of Khanh Hoa province is submitting to the Prime Minister for approval of the project to adjust the general planning of Nha Trang city, Khanh Hoa province to 2040.

At the same time, the province is also speeding up the preparation and approval of the Cam Lam urban plan for the period of 2021 - 2030, with a vision to 2050 and zoning plans in Van Phong economic zone.

It can be said that after the plans have been approved, they have created interest and attracted large corporations to survey and work with Khanh Hoa province to seek investment opportunities in urban, industrial and service, high-quality education, technology, smart city project

Typically, FPT Corporation, Capital House Group, Trung Nam Group, Sungroup Group, Shinec and SSI Joint Venture, University of Economics Ho Chi Minh City... Moreover, Quantum Corporation is willing to invest in My Giang Power Plant Complex with a total capacity of 6,000 MW in Van Phong Economic Zone.

Besides a series of large enterprises that want to invest, Khanh Hoa province also attracts many non-budget investment projects. According to Khanh Hoa Provincial People's Committee, this province has attracted 8 projects with a total registered investment capital of more than VND 4,000 billion. In which, 2 projects in Suoi Dau industrial park with a total registered capital of VND 73 billion, adjusted to increase capital for 3 projects with a total registered capital of more than VND 21,500 billion.

Carefully attract selective investment

To develop an investment promotion program to ensure compliance with the province's socio-economic development plan. As well as ensuring the objectives of Resolution 09-NQ/TW dated January 28, 2022 of the Politburo on construction and development of Khanh Hoa province to 2030, with a vision to 2045 and the plans approved by the Prime Minister. Recently, Khanh Hoa Provincial People's Committee has sent a document to the Ministry of Planning and Investment about the investment promotion program in 2024.

Accordingly, Khanh Hoa province's orientation is to selectively attract investment in projects that save land, save energy, use high technology, clean technology, are environmentally friendly, and have high added value, contributing to the rapid and sustainable socio-economic development..

Key markets attracting investors such as Japan, South Korea, Singapore, the US and member countries of the CPTPP and EVFTA Agreements. However, priority is given to attracting experienced, capable and highly contagious investors.

As for industrial parks or clusters, Khanh Hoa province attracts and invites secondary investors to fill in industrial parks and industrial clusters that have invested in completed infrastructure.

In which, focus on a number of industries in order of priority. Firstly, agro-forestry-fishery processing industry and high-quality food. Second, the high-tech mechanical engineering industry (mainly shipbuilding). Third, clean energy industry, renewable energy, oil and gas processing. Fourth, the electronics, telecommunications, and semiconductor industries. Fifth, supporting industry for mechanical engineering, electronics, telecommunications, semiconductor, textile - footwear industries. Sixth, the biotechnology industry, the production of vaccines and marine medicinal herbs. Seventh, the industry produces new building materials.

For Van Phong Economic Zone, focus on attracting the list of priority industries and occupations to attract investment in Van Phong Economic Zone according to Resolution No. 55/2022/QH15 of the National Assembly. For Nha Trang City, promote investment attraction for international hospital project (lot BV03, My Gia urban area) and Vinh Luong solid waste factory project, Luong Hoa village, Vinh Luong commune.

Moreover, Cam Ranh Bay area is being developed as a key economic and social area associated with national defense and security; in which Cam Ranh city is developed as a tourism - logistics urban area, Cam Lam district becomes a modern, ecological and world-class airport city. Therefore, when appraising and approving the Cam Lam urban master plan, period 2021-2030, with a vision to 2050, the province will serve as a basis for investment promotion and invitation.