Under the program, the urbanization ratio is targeted to reach 41 percent by 2025. Some 23 urban areas are expected to be developed, including 2 urban areas Type I, one Type II, one Type III, five Type IV and 14 Type V. 

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 One corner of Phu Quoc island, Kien Giang province

Measures will be taken to mobilize resources to realize the province’s goals, including using the state and local budgets and calling for domestic and foreign investment.

The province will help investors carry out urban development projects and hasten the completion of underway construction works.

Three large-scale urban projects are being developed in the province, comprising the 262-hectare Phu Cuong urban area, a sea-encroaching urban area project worth more than 3 trillion VND (132.2 million USD) in Rach Gia city and the 287-hectare Bai Dai resort worth more than 17.1 trillion VND (753.6 million USD) on Phu Quoc island.

According to Nguyen Quoc Su, Chairman of the People’s Committee of Rach Gia city, together with Phu Cuong urban area, the sea-encroaching urban area will meet housing demand from local people while beautifying the city.

The move also helps Rach Gia city become an urban area Type I and a model coastal urban area in the Mekong Delta region, he added.

Source: VNA