The southern province of Kien Giang is focusing efforts and resources on
key infrastructure projects in the island of Phu Quoc to meet the goal
of turning the island district into a third-category city by 2015 and a
special economic zone by 2020.
A 2.4 trillion VND
project to build a 51.5km road running along the North-South axis on the
island has disbursed 65.7 percent of investment, while the construction
of a 193.8 billion VND road that connects the axis road with the sea,
running from Ham Ninh intersection to Suoi Da village, also had almost
60 percent of the workload done.
Meanwhile, the
project to build a 100km-long road circling Phu Quoc Island has
disbursed 20 percent of the total investment of over 3 trillion VND so
far.
At the same time, the laying of a 110 KV undersea
cable to bring electricity from Ha Tien town on the mainland to Phu
Quoc has seen 350 billion VND out of the total investment of 1.759
trillion VND disbursed.
The provincial authorities has
urged Phu Quoc island district to work closely with departments and
branches to address difficulties facing investors and contractors.
The province has set up inter-sectoral supervisory groups to help Phu
Quoc accelerate the projects, especially newly launched ones and those
using official development assistance (ODA) capital and funds from
Government bonds, and those listed in the national target programme.
According to the Southwestern Steering Committee, Phu Quoc may fail to
fulfil the target of becoming a third-tier urban district by 2015 and a
special zone by 2020 as instructed by the Prime Minister, if steps
aren’t taken to attract investors soon.-VNA