The Van Don-Mong Cai Expressway which opened in September will help create favourable conditions for investors to come to Quang Ninh Province. — VNA/VNS Photo Huy Hung The northern province of Quang Ninh has been attracting significant foreign direct investment (FDI) thanks to effective solutions in removing difficulties for businesses and investors. Endless efforts to improve the investment climate has led to the region becoming an attractive destination for many foreign investors. Competitive advantages Quang Ninh has a politically and economically strategic position with unique potential and competitive advantages when it comes to attracting foreign direct investment, being the only municipality of Viet Nam with both a land and maritime border with China, including three border gates. In recent years, Quang Ninh has focused on developing its transport infrastructure, particularly its transport connections to highways, airports, and sea ports. To date, the province has 176km of highways, accounting for 16.8 per cent of the country's total. The province has coordinated with its neighbouring localities like Hai Phong, Hai Duong, Bac Giang and Lang Son in resources and transport infrastructure development. At the same time, the locality has been also keen on perfecting infrastructures of industrial zones (IZs) and economic zones (EZs) as it is home to the largest total area of industrial and economic zones in the country… Read full this story
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