Van Phong Economic Zone Management Board has just reported on the implementation of tasks in 2024.
As of December 2024, Van Phong Economic Zone has attracted 146 investment projects with a total registered capital of about 5.1 billion USD, of which the realized capital is 3.27 billion USD, reaching 64.12% of the registered capital. Up to now, 104 projects have come into operation in Van Phong Economic Zone.
In 2024, Van Phong Economic Zone Management Board will focus on supporting investors to soon complete construction and put large projects into operation on schedule.
That is the Van Phong 1 BOT Thermal Power Plant Project, completed and put into operation in January 2024, with a total capacity of 1,320MW, contributing about 1,000 billion VND to the local budget each year, contributing to providing an additional 8.5 billion kWh/year, accounting for about 3% of the total national electricity output.
Or the Hon Ngang - Bai Cat Tham marine eco-tourism project (455 ha, capital of 25,253 billion VND) has been granted a license for the infrastructure framework and part of area A, and is implementing the project. The investor is proposing to adjust the local planning to add a welcome gate. The project is expected to be put into operation by June 2027.
There is also the Doc Let Phuong Mai Tourist Area Project (152.45 hectares, total investment capital of 4,072 billion VND) which will come into operation in October 2026. Currently, the investor is focusing on site clearance.
Regarding the Doc Let Phuong Mai Tourist Area Project, according to the Van Phong Economic Zone Management Board, because the zoning plan 14 has not been approved, the Khanh Hoa Provincial People's Committee has not yet had a basis to approve local adjustments to the detailed construction plan at a scale of 1/500 of the project, leading to the following procedures not being able to be implemented according to the registered schedule.
In addition, the Ninh Thuy Industrial Park Infrastructure Investment and Construction Project (207.9 hectares, capital of VND 294.7 billion) has attracted 25 investment projects with a total registered capital of VND 3,141 billion; the Doc Da Industrial Park Infrastructure Investment and Construction Project will start phase 1 with a scale of about 100 hectares; the Nam Cam Ranh Industrial Park Project (total capital of about VND 5,000 billion) is also completing documents for construction and operation.
