The four projects include the Ha Long Xanh urban area complex, Dong Trieu golf course, Quang Ninh LNG power plant, and Van Ninh sea port.
The series of projects are worth a total of more than $12.5 billion.
The Ha Long Xanh urban area complex having an estimated investment capital of over $10.2 billion is the largest project among the four. It will be deployed on an area of more than 4,100 hectares.
The project will be developed by a consortium of Vingroup JSC and Vinhomes JSC and is planned to become a new economic, cultural and tourist center of Quang Ninh province and the whole country.
It is designed to become a multi-functional urban area with luxury resorts and hotels, amusement parks, and golf courses. The project is expected to contribute nearly $0.32 billion per year to the State budget.
The 27-hole Dong Trieu golf course developed by Silk Path Hotel JSC is situated on 130 hectares in Dong Trieu town.
Being expected to serve 800 players per day from the third quarter of 2024, the course is built on an area of 129 hectares. The rest area is for traffic infrastructure. The project also includes low-rise apartments, high-rise hotels, amusement areas, and high-end eco-resorts.
The Quang Ninh LNG power plant is located in Cam Thinh ward, Cam Pha city with a total investment of over $2 billion. This will be the first power plant using imported LNG in the northern area with an expected capacity of 1,500 MW.
The project developed by a joint venture by PV Power, Colavi JSC, Tokyo Gas, and Marubeni is expected to add a huge amount of electricity to the national grid, contributing to the security of energy supply and the reduction in greenhouse gas emission.
The 83ha Van Ninh general port (phase 1) will be built by Van Ninh International Port JSC with a total investment capital of over $96,000.
The port is expected to be completed and put into operation in the fourth quarter of 2024, contributing significantly to the system of seaport infrastructure and services, helping to protect national security.