According to Huynh Quang Hung, Vice Chairman of the district People’s Committee, the locality is investing in building infrastructure, especially roads, sea ports and airports, to attract more investors. Phu Quoc island district’s authorities are also investing in upgrading water and electricity supply systems and waste treatment facilities.
It has also prepared land for investors and provided favorable conditions for them to speed up their projects, he added.
By August this year, the island had 244 valid investment projects with a combined capital of over 314 trillion VND (14 billion USD), according to the Phu Quoc Economic Zone Management Board. Most projects focus on infrastructure, urban areas, sea-based economy, tourism, trade and service.
The National Tourism Year 2016 – Phu Quoc – Mekong Delta is a big opportunity for Phu Quoc to promote itself as a tourist paradise, thus attracting domestic and foreign investors, according to the Vice Chairman.
