Ky Anh Town-Investment Hotspot

With the many potentials and advantages of Southern Ha Tinh province, Ky Anh has become a nuclear city, gradually becoming a vibrant economic center in Southern Ha Tinh province and Northern Quang Binh. From the land of “air pipe, hot pot, rain bag”, Ky Anh Town has become a third-level urban area and plans to become a city in the near future.

On April 10, 2015, the Standing Committee of the National Assembly issued Resolution No. 903/NQ-UBTVQH13 on the establishment of Ky Anh town. In the past six years, Ky Anh Town has developed rapidly, various economic indicators are eye-catching, and the proportion of industry and construction has increased rapidly. The size of the economy has increased from VND 17,502.5 billion in 2015 to VND 37,045.4 billion in 2020. During 2015-2020, the average growth rate of output value will reach 15.05%. The total investment resources in the region reached VND 14.3301 billion. By 2020, the domestic revenue is estimated at VND 247.6 billion. At present, there are 139 valid projects in the zone, including 82 domestic-funded projects with a total registered investment of 5239.5814 billion rupiahs, and 57 foreign-invested projects with a total registered investment of 5 billion US dollars.

Ky Anh Town has a human resource dividend of 70,500 people, accounting for nearly 70% of the population. Ky Anh people are studious, diligent, and creative in labor and production.

Advantages of marine resources

With a coastline of 40 kilometers, Ky Anh Town has the greatest advantages in fishing, development, aquaculture, and marine tourism development.

Advantages of Economic Zone Planning

According to the master plan of Ky Anh Town in Ha Tinh Province, by 2035, with the approval of the Prime Minister of Vietnam, Ky Anh Town will become an industrial city with a general economic center in Southern Ha Tinh Province.

Vung Ang Economic Zone is a key economic zone in Viet Nam

The Vung Ang Economic Zone covers an area of ​​22,781 hectares and has superior terrain. The core is the Son Duong deep-water port group (the deepest in the central and northern regions), allowing 30,000-50,000-ton ships. In addition, Vung Ang Port is the gateway to Laos and Thai Land waters. Vung Ang Economic Zone has attracted 137 valid investment projects, including 80 domestic investment projects with a total registered capital of VND 51.69 trillion, and 57 foreign-invested projects with a total registered capital of VND 13569 billion. In addition to steel, thermal power, and other fields, some large investors around the world have recently visited and learned to invest in related fields such as seaports and logistics, electricity and gas, manufacturing, and automobile assembly.

 

Key projects and industrial park advantages

With its internal attractiveness and political system, there are 139 projects under construction in the town. This is the most important advantage for investors and SMEs to invest in supporting industries, trade, and services. Many large economic groups are investing in key projects in towns such as Formosa Plastics (Taiwan); Mitsubishi (Japan)… National Oil and Gas Group, Vingroup… Key projects include Vincom Trade Center, Shatico Wedding Center, Happy Hotel Project, No. 3 and 4 Piers, 5,6 Vung Ang Port, Phu Vinh Industrial Park Structural Processing Project, An Viet Phat Forest Products Processing Plant Project, etc.

Infrastructure advantage

Power supply infrastructure: It has met urban people’s living and production needs, with 220KV 110KV high voltage, 35KV 10KV medium voltage, and 0.4KV low voltage complete system. In addition, lighting systems have been constructed on the main roads.

Water supply system: At present, Ky Anh Town has built several water purification plants, such as Vung Ang 1 water purification plant with a production capacity of 9,000 cubic meters per day; Vung Ang 2 water purification plants with a production capacity of 9,000 m 3 / day, located in the hills of Ky Hoa Commune area, the former Hoanh Son Water Plant using Kim Son Lake has a daily processing capacity of 40,000 cubic meters to provide water for Vung Ang 1 Thermal Power Plant.

Banking system: There are many transaction points and branches of major banks in the area to meet the transaction needs of people and businesses.

Posts and telecommunications and information technology: 3 companies (VNPT, Viettel, FPT) provide fixed broadband Internet services, and 5 companies provide them. Telecom services, mobile broadband Internet (VNPT, Viettel, Mobifone, Vietnamobile, Gtel). Provides quality telecommunications and internet services at affordable prices to serve just about everyone.

Tourism advantage

Ky Anh Town has many nationally famous monuments and landscapes. The coastal infrastructure system is getting more and more investment from towns and provinces, attracting a large number of tourists to visit and enjoy, and also attracting many enterprises and the big business of enterprises to invest. There are 58 hotels, 134 restaurants, and 34 karaoke shops in the town. Ky Anh Town is an attractive investment paradise for investors with huge potential and reasonable policies.

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