Quang Ninh calls for capital for 71 projects

tohang

The northern province of Quang Ninh has released a list of 71 projects in need of investment capital for 2015 to 2020.

Tra Co beach in the northern province of Quang Ninh. The Province is seeking investment for the tourism site. — Photo baoquangninh.com.vn

HA NOI (Biz Hub) — The northern province of Quang Ninh has released a list of 71 projects in need of investment capital for 2015 to 2020.

A majority follow the public-private partnership model, with capital sourced from private investors.

Nearly a third of the listed projects are in culture, tourism and trade – notably Phuong Hoang island, Cai Chien and Tra Co tourist sites, each worth US$200 to $360 million.

The other 13 projects are in transport. They include a $1.2 billion Cai Bau port, and Ha Long – Mong Cai and Ha Long – Noi Bai highways. The roads are valued at $700 million and $577 million, respectively. — VNS

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