Local authorities were asked to update the adjustments of Bai Thom Commune on the island’s master plan by 2030 and to enhance management activity to ensure the implementation of the plan is compliant with land regulations, urban planning and construction planning.
Phu Quoc attracts many big investors in tourism and services
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The plan targeted promoting sustainable development, culture, environment protection and security and harmonizing economic growth with the preservation of historical monuments.
Phu Quoc will be developed into a hub for high-quality services and a centre for science and technology in Southeast Asia, with an international airport and seaport system connecting it with other destinations in the region.
Under the plan, the off-the-beaten-track island will have three large urban areas, including Duong Dong, An Thoi and Cua Can, along with a system of golf course, race track, casino and many world-class 5-star resorts.
Thanks to an advantageous geographical position such as only one-two hours of flight from major tourism centers in Southeast Asia, 150km of coastline with many beautiful beaches and primary forest, Phu Quoc has been eyed by investors for long.
Phu Quoc has favorable conditions in terms of hydro-meteorology, natural environment, mountains, forests, sea, diverse ecosystems, valuable historical and cultural relics.
Infrastructure system of Phu Quoc has been well invested and includes many important projects involved in transportation, telecommunications, hotels, restaurants, amusement parks, international airport, attracting many big investors in tourism and services.
The Phu Quoc Economic Zone Authority reported that the island has so far attracted 265 valid investment projects, of which 197 projects were granted investment certificates and decision on investment policy with a total area of 7,235 ha and total registered capital of VND218 trillion (US$9.6 billion).
Currently, Phu Quoc airport receives an average of 30 flights per day from three domestic flag carriers, namely Vietnam Airlines, Vietjet and Jetstar and other international airlines. Recently, Bangkok Airways has launched Bangkok-Phu Quoc air route.
Phu Quoc International Passenger Port is also under construction and is expected to handle cruise liners carrying 4,000-5,000 visitors and 20,000-tonne cargo ships when completed.
Phu Quoc was among three localities, besides Bac Van Phong in central Khanh Hoa Province and Van Don in northern Quang Ninh Province, planned for development into a special administrative-economic unit.
According to the Board drafting the law on special administrative-economic zones, Phu Quoc has potential and advantages for developing marine economy, logistics, remarkably tourism service. In case the Thai Canal (also known as Kra Canal) is put into operation in the future, Phu Quoc will benefit from this canal in developing logistics services.
In addition, Phu Quoc will focus on tourism and related services since the land fund is currently limited. Based on specific advantages as well as quantitative and qualitative analysis, the business lines prioritized for development in Phu Quoc are tourism, retail and medical services.
The island last year received some 1.8 million tourists, including 300,000 foreigners, showing a year-on-year increase of 25.5% and 42.7%, respectively.
Mai Van Huynh, Vice Chairman of the provincial People’s Committee, said that along with the success of the National Tourism Year 2016, the province has promoted its tourism through various channels, while investing in the sector to make it a spearhead one in 2020, with special focus on promoting infrastructure system.
