The document states: Considering the proposal of the Ministry of Transport on the investment plan for Con Dao Airport, Deputy Prime Minister Tran Hong Ha requested the Ministry of Transport to review the overall investment plan for Con Dao Airport to ensure comprehensiveness and effectiveness, avoiding scattered investment, and aligning with the project proposal on orienting the mobilization of social capital investment in airport infrastructure.
Con Dao Airport is located in Ba Ria – Vung Tau Province.
The Deputy Prime Minister requested that the overall investment plan proposed to attract and implement investment projects must clearly state the legal basis, scientific basis, and feasibility (in terms of investment progress, investment efficiency, conformity with the scale and orientation of development, and compliance with relevant plans). It should also detail which aspects have adhered to the Government’s directives on attracting investment through the PPP model (including whether the proposal is for full or partial PPP investment, and the reasons and feasibility assessment for the chosen approach), as well as the expected investment timeline.
The Ministry of Transport is required to discuss and agree on the investment plan with the People’s Committee of Ba Ria – Vung Tau Province and report to the Prime Minister before August 20, 2024.
Previously, the Prime Minister approved the adjustment of the master plan for the construction of Con Dao until 2045, forecasting a tourist volume of approximately 1-1.2 million visitors by 2030 and 1.7-2 million by 2045.
Given these projections, the Ministry of Transport suggested that by 2030, there should be a study and investment in the construction of a new civil aviation area (including a passenger terminal, parking lot, and synchronous technical infrastructure) with a capacity of about 2 million passengers per year, with an estimated investment cost of about VND 2,100 billion.
Special offers and incentives for investing in the high-tech zone
A wide range of preferential policies and investment support in high-tech zones are stipulated in Decree No. 10/2024/NĐ-CP by the Government.
HCM City leads the nation in the number of new FDI projects in the first month of 2024.
With a vibrant start in early 2024, the attraction of FDI capital is expected to continue to achieve impressive results in the near future.
Ho Chi Minh City Tops the Nation in New FDI Projects in the First Month of 2024.
With a vibrant start in early 2024, the attraction of FDI capital is expected to continue achieving impressive results in the near future.
Encouraged Industries for Foreign Investment
Electronics, semiconductors, renewable energy, high-efficiency agriculture, and digital economy are the sectors that Vietnam will be promoting for foreign investment in the near future.
Prime Minister requests issuance of National Technical Standards for Highways in Q1 2024
Prime Minister Pham Minh Chinh has recently signed a Directive to expedite the research and implementation of upgrading existing operational highways and phased investment in new expressways. Additionally, national technical standards for expressways have been issued.
