Improve infrastructure to attract investment

The Phu Yen Economic Zone Management Board is focusing on implementing infrastructure investment projects in the South Phu Yen Economic Zone and industrial zones managed by the unit. This is identified as an important driving force to attract investment and facilitate business operations.

Taking advantage of favorable weather, the construction unit of the traffic route from Bai Goc port (South Phu Yen Economic Zone) connecting National Highway 1 to Van Phong Economic Zone (Khanh Hoa province) mobilized human resources, motorbikes, and equipment to speed up progress. The project was approved with a total investment of more than 1,400 billion VND, with a route length of about 7.72 km.

Up to now, contractors have basically completed the bridges on the route (railway overpass, Ha Tan bridge, Song Dua bridge), treated weak ground, constructed drainage systems, etc.

The contractor is speeding up the construction of the road from Bai Goc Port (Nam Phu Yen Economic Zone) connecting National Highway 1 to Van Phong Economic Zone (Khanh Hoa province). Photo: N.Thanh

Mr. Doan Huu Thinh, Project Commander (Tan Lap Company Limited) said: "This is an important traffic route connecting Bai Goc port area with National Highway 1, which is of great significance to the development of regional infrastructure. We are organizing into 5 construction teams on the route to carry out main tasks such as earthwork, roadbed construction, completion of drainage systems... on sections of the route that have been handed over. When the clean site is handed over from the locality, the contractor will continue to increase human resources to speed up the construction progress of the entire route."

According to the Phu Yen Economic Zone Management Board, in 2025, the unit will continue to implement 4 transitional projects from 2024 with a total planned capital of more than 642 billion VND. The projects include: Phuoc Tan - Bai Nga route, section through Vung Ro Oil Refinery; Traffic route from Bai Goc port (South Phu Yen Economic Zone) connecting National Highway 1 to Van Phong Economic Zone ( Khanh Hoa province); Technical infrastructure of the Southern Residential Area; Central park project in the New Urban Area South of Tuy Hoa City. To date, the disbursement value is more than 121 billion VND, equivalent to 18.85% of the total plan.

Currently, Phu Yen Economic Zone Management Board is in charge of managing 11 industrial parks with a total area of ​​3,462 hectares. 5 out of 11 industrial parks have been put into operation, including: Northeast Song Cau - Area 1, Northeast Song Cau - Area 2, An Phu, Hoa Hiep 1 and Hoa Hiep 2. The technical infrastructure in these industrial parks has been basically completed, operated stably, and met the needs of investors.

Based on the approved master plan until 2040, Phu Yen Economic Zone Management Board has submitted and received approval from the Provincial People's Committee to establish 8 zoning plans at a scale of 1/2,000, with a total area of ​​about 4,350 hectares. This is the basis for gradually forming a synchronous infrastructure system, meeting the needs of investors, while at the same time being associated with the goal of sustainable development and environmental protection.

Comrade Huynh Lu Tan, Member of the Provincial Party Standing Committee, Head of the Phu Yen Economic Zone Management Board affirmed: “Our goal is to ensure the progress of public investment disbursement and gradually improve the appearance of the Nam Phu Yen Economic Zone and industrial parks. Along with planning the sustainable development of industrial clusters, the Phu Yen Economic Zone Management Board is focusing on calling for and creating favorable conditions for enterprises to invest in the construction and business of infrastructure of industrial parks such as: Hoa Xuan Tay Industrial Park (454 ha), Hoa Xuan Dong Industrial Park (420 ha), Airport Logistics Industrial Park (354 ha), Hoa Thanh Industrial Park (472 ha)... This will be a great driving force for the province to attract strategic investors”.

Up to now, Nam Phu Yen Economic Zone and industrial parks have attracted 126 investment projects with a registered land area of ​​1,427.15 hectares. Of which, 110 projects have domestic investment capital with a registered investment capital of VND 31,320 billion and 16 projects have foreign investment capital with a registered investment capital of USD 45.6 million. The average occupancy rate at the 5 industrial parks that have come into operation is about 81.24%.

Source: https://baodaklak.vn/kinh-te/202510/hoan-thien-ha-tang-de-thu-hut-dau-tu-02c1305/