Vice Chairman of the provincial People’s Committee Nguyen Van Thanh said Van Don will be developed in line with the local general social-economic planning and the province will have meticulous discussions with the consultant to ensure that Van Don planning is in accordance with provincial development and meets requirements of a special economic zone.
Van Don special administrative-economic zone
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In a bid to develop Van Don Special Economic Zone, the province needs around 12 billion USD. An international airport in Van Don district, about 50 kilometres from Ha Long city-home to the world heritage site of Ha Long Bay, is scheduled to become operational in 2018.
Van Don has a politically and economically important position as it lies on strategic transit route from East Asia to Southeast Asia and from ASEAN to China, in Vietnam-China “two corridors, one belt” cooperation area, in Nanning-Singapore economic corridor and in extended Tonkin Gulf inter-regional cooperation area.
The zone is part of a Government-approved plan to build three such zones in the country. The other two are Van Phong in Khanh Hoa province and Phu Quoc in Kien Giang province.
The zones are expected to spearhead to country’s growth and exploit local advantages to drive growth in the area. They will pilot key new economic and administrative policies before they are applied nationwide to develop the maritime economy.
