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Saturday, July 13, 2024

Ben Tre attracts VND24 trillion for coastal infrastructure development

The Saigon Times

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HCMC – The Mekong Delta province of Ben Tre has attracted 25 private investment projects worth a total of US$24 trillion for its coastal infrastructure development over the past five years, said Tran Ngoc Cam, chairman of the province.

These initiatives span a range of sectors, including agriculture, renewable energy and fisheries.

The coastal districts of Binh Dai, Ba Tri and Thanh Phu have been focal points for investment, with a strong emphasis on tourism and industry. Ben Tre is developing infrastructure to support wind power, liquefied natural gas power, and green hydroelectricity projects in these areas.

The province is making significant progress in the tourism sector, with 32 projects currently underway, amounting to over VND3.3 trillion.

Tourism activities in these coastal districts are projected to grow by an average of 25% annually by 2025, contributing roughly 20% to the province’s total tourism revenue. By 2030, these districts are expected to generate 30% of the province’s tourism income.

The province also plans to develop six industrial clusters covering more than 380 hectares. Presently, three of these clusters have been established, covering 102.97 hectares.

In addition to tourism and industry, Ben Tre is capitalizing on its strengths in fisheries and renewable energy. The province is committed to developing 4,000 hectares of shrimp farms using advanced technology by 2025.

The province boasts 19 wind power projects with a total capacity of over 1,000 megawatts, nine of which have already been in development stages.

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