Quang Binh: Investors step on the red carpet
Quang Binh is emerging as an attractive investment destination thanks to its possessment of many resources for tourism development and attractive investment policies.
In the tourism sector, on the afternoon of April 15, the People's Committee of Quang Binh province and Sun Group signed a Memorandum of Understanding on strategic cooperation with a series of large-scale resort - entertainment projects. This is considered a stepping stone to make Quang Binh a new tourism center of the Central region, capable of competing with traditional destinations such as Da Nang, Hue, Hoi An...
At the same time, Dong Hoi City is also implementing the planning of a series of inner-city tourism urban areas and tourist areas in the West, focusing on developing real estate products associated with services, trade and hotels along the main routes such as Ly Thuong Kiet Avenue - Nhat Le 1 - 2 - 3 Bridge, aiming to form a modern, vibrant and classy tourist urban area.
The ROX Living Dong Hoi project managed and developed by ROX Living is a pioneering project in the city's infrastructure development strategy. Implemented since 2022, the project has now completed the infrastructure and handed over to customers. A civilized community where the spiritual and physical life of residents is nurtured over time is gradually taking shape. The favorable value system that ROX Living brings creates a quality life, turning the project into a vibrant destination that attracts tourists and investors.
With a series of potential projects, Dong Hoi city is emerging as a "new destination" on the investment map of the Central region. The increasingly synchronous infrastructure, the strongly improved investment environment and especially the role of the province's political, economic and cultural center are helping this locality become the top choice for strategic real estate investors.
Recently, Vingroup Corporation has submitted a proposal to deploy the Quang Binh Wind Power Plant with an investment capital of up to 3.9 billion USD. If approved, this will be a leading renewable energy project in the region, while creating momentum for the transition to green growth - a factor increasingly prioritized in sustainable urban development.
Another reason why investors are extremely excited when signing investment contracts in Quang Binh is that a series of transport infrastructure projects connecting Quang Binh and Dong Hoi city have reached the "flowers". On April 18, the Dong Hoi Airport upgrade project with a total capital of more than 1,700 billion VND was officially started. According to the plan, the airport will increase its capacity to 5 million passengers/year, while expanding international routes. This is not only an important step forward in solving the problem of aviation infrastructure but also a great driving force to promote tourism, trade and real estate.
Also in April, the North - South expressway section Bung - Van Ninh was officially opened to technical traffic, 6 months ahead of schedule. The project has the meaning of connecting inter-regional traffic, creating a foundation for Quang Binh to break through in the role of logistics and tourism unit of the North Central region.
The 3,500 billion VND coastal route is also being accelerated, expected to be completed in 2026. In particular, Nhat Le 3 Bridge and the road at both ends of the bridge - key items - have completed site clearance, expected to "finish" early in 2025.
Quang Binh real estate market forecasts to heat up
The warming of the Quang Binh real estate market is predicted by experts based on the strategic location of the province when it is located in the "intersection" connecting the North - South on the national economic corridor, so the province has greatly benefited from a series of key transport projects. In addition, the proposal to merge Quang Binh and Quang Tri provinces with the administrative center is expected to be located in Ho Chi Minh City. Dong Hoi is expected to create a new socio -economic development space of large scale, helping to optimize resources, improve competitiveness and expand the real estate market in the region.
According to experts, if the project is approved, this will be a "golden lever" to help Dong Hoi speed up investment attraction, especially large-scale urban, commercial, service and resort projects.
With the resonance of infrastructure, public-private investment and a long-term development vision, Dong Hoi real estate is considered to be entering a period of strong "transformation". Experts all believe that this is the "golden" time to own products in urban areas with well-planned planning, clear strategic and legal locations - especially projects directly linked to airports, highways and coastal tourism axes.
Not only an ideal place to live for modern residents, Dong Hoi also promises to become an attractive destination for medium and long-term investors, leading the trend of capital shift from developed coastal urban markets in the central region such as Da Nang and Nha Trang.
