14:00 14/04/2025

Quang Binh reports increased investment capital in Q1 2025

Nguyễn Thuấn

Investment from the non-State sector accounted for over VND5.883 trillion ($229 million), marking a 23.2% increase.

Investment capital poured into the central province of Quang Binh for the first quarter of 2025 was estimated at over VND6.964 trillion ($270.7 million), reflecting an 11.6% increase compared to the same period last year, according to the provincial Statistics Office.

Of this total, realized investment from the State sector reached VND1.073 trillion ($41.7 million), a decrease of 26.4%; investment from the non-State sector accounted for over VND5.883 trillion ($229 million), marking a 23.2% increase; and realized investment from the foreign-invested sector reached VND7.9 billion ($307,000), a rise of 3.9% compared to the same period last year.

During Q1 2025, Quang Binh province organized various investment promotion activities and granted investment policy decisions for numerous projects spanning different sectors. The province also directed investors to allocate resources to accelerate the construction progress of several projects, particularly those identified as key initiatives.

Key projects underway in the locality include the Quang Trach Thermal Power Plant Project, the Khe Net Pass Area Railway Upgrade Project, the Passenger Terminal T2 and aircraft apron expansion at Dong Hoi Airport, Component Project 2 - Nhat Le 3 Bridge and connecting roads as part of the Coastal Road and Nhat Le 3 Bridge Project, and Component Project 1 - Coastal Road within the same overarching project.