Could you shed some light on the investment potential of Binh Thuan? Phan Nguyen Hoang Tan, deputy director of the department I believe the best way to assess Binh Thuan’s potential is to place ourselves in the shoes of the investors They calculate the possibility of success, in which major factors are the province’s potential as a market and the incentives on offer. All in all, I believe this is a golden time for businesses to ramp up investments and business activities in Binh Thuan. The province relies on two major conditions to create a breakthrough in attracting investors with major projects. First, a slew of key infrastructure projects is in the pipeline. While Vinh Tan International Port has recently been inaugurated, Dau Giay-Phan Thiet and Phan Thiet-Nha Trang highways are being put up for auction. The two highway projects are slated to be inaugurated next year and put into operation in 2023. Phan Thiet and Long Thanh international airports will also become a driving force to attract investment. Second, there is an apparent trend of investors moving capital from major cities to provinces, especially to localities with large room for developments – like Binh Thuan. Foreign capital flows into… Read full this story
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