Construction began on April 21 of the 500-kV Lao Cai substation and 220kV connection transmission lines project in Bao Thang commune in northern Lao Cai province, with total investment of more than VND1.5 trillion ($68.3 million). Once completed in the fourth quarter of 2024, it will receive the capacity of small hydropower sources in the northwest and Lao Cai, Ha Giang, and Yen Bai provinces.
Sa Pa Airport in northern Lao Cai province is to be built at a cost of VND7 trillion ($307.64 million) and with a capacity of welcoming 3 million passengers each year. Under a master plan approved by the government, Lao Cai is to become an economic center in the mining industry and the deep processing of all types of minerals.