Official establishment of Hai Phong Southern Coastal Economic Zone

Deputy Prime Minister Tran Hong Ha has just signed Decision No. 1511/QD-TTg dated December 4, 2024 to establish the Southern Coastal Economic Zone of Hai Phong, Hai Phong City.

Development according to green growth model

According to the Decision, the Southern Coastal Economic Zone (EZ) of Hai Phong has an area of ​​20,000 hectares (of which about 2,909 hectares are reclaimed land), located in the Southeast of Hai Phong City; with geographical coordinates from 20°35'50" to 20°45'35" North latitude and from 106°32'8" to 106°49'15" East longitude.

The Southern Coastal Economic Zone of Hai Phong has functional areas suitable for the development goals of the Economic Zone. The scale and location of each functional area are determined in the general planning of the Southern Coastal Economic Zone of Hai Phong approved by competent authorities.

Perspective of Hai Phong Southern Coastal Economic Zone

The main development objective of the Southern Hai Phong coastal economic zone is to maximize the advantages of its international gateway location, industrial development platform, and seaport services in connecting the economy, trade, and services with neighboring areas and internationally. Closely combine investment attraction, economic development with ensuring national defense, security, preserving and promoting the value of marine ecosystems, historical and cultural relics, and ensuring social security.

At the same time, build and develop the Southern Hai Phong coastal economic zone into a comprehensive, multi-industry, multi-functional coastal economic zone, following the green growth model, circular economy, sustainable development; focusing on the fields of high-tech industry, seaport services and modern logistics. Being the main economic growth driver of Hai Phong with synchronous infrastructure, a transparent, open and favorable investment and business environment, including a free trade zone with breakthrough and outstanding mechanisms and policies being applied in successful free trade zones in the world. Being a pioneering marine economic center, with the function of supporting and connecting with other coastal economic zones, creating development momentum for the Red River Delta region.

Create jobs, train and improve the quality of human resources, increase income for people. Activities, mechanisms, policies and management organization for the Southern coastal economic zone of Hai Phong are implemented according to the provisions of the law on industrial parks, economic zones, investment laws and relevant legal provisions.

Also according to the Decision, the period up to 2025: Organize the preparation of a general planning for the Economic Zone, submit it to competent authorities for approval; organize the preparation and approval of functional zoning plans in the Economic Zone; invest in a number of traffic infrastructure and technical infrastructure works.

Phase 2026 - 2030: Implement investment in construction of functional areas in the economic zone; Nam Do Son port projects, urban development projects, technical infrastructure projects inside and outside the fence of industrial parks, industrial clusters, road traffic projects, social housing and other social infrastructure works. Phase after 2030: Implement the remaining investment items.

The Deputy Prime Minister assigned the People's Committee of Hai Phong City to be responsible for the accuracy of information and data reported related to the Project to establish the Southern Hai Phong Coastal Economic Zone; ensure the feasibility of the capital mobilization plan and investment phases; develop a specific list of priority investment projects, especially technical infrastructure works, social infrastructure in the Economic Zone, and traffic connections inside and outside the Economic Zone.

Hai Phong City People's Committee ensures the socio-economic efficiency of the Economic Zone towards sustainable development through solving social security issues, converting jobs for people whose land has been recovered. Effectively implement environmental protection; prevent and respond to natural disasters and impacts of climate change. Specify solutions and indicators on environmental protection in the development space arrangement plan of the Economic Zone; implement the commitment to reforestation, ensure diversity and mangrove ecosystem; closely monitor sea encroachment, construction investment activities, and discharge into the environment in the Economic Zone according to the provisions of law on environmental protection, water resources, minimizing negative impacts on the ecosystem and marine environment.

New, important driving force

The Southern Coastal Economic Zone of Hai Phong is a multi-industry 3.0 generation eco-economic zone, focusing on high-tech industry, seaports, modern logistics and smart cities. By 2030, the Southern Coastal Economic Zone of Hai Phong will become the main driving force of the Hai Phong city economy, equivalent to 80% of the capacity of Dinh Vu - Cat Hai Economic Zone. This second economic zone will play a particularly important role in connecting with neighboring economic zones, forming a chain of coastal economic zones, serving as a driving force for the development of the whole region. In addition, the Southern Coastal Economic Zone is also expected to contribute VND 550,000 billion to the budget and create 301,000 jobs.

With its strategic location, the gateway to the sea of ​​the North, Hai Phong is located in the Northern growth engine area (Hanoi - Hai Phong - Quang Ninh), belonging to the economic corridor of Kunming (China) - Lao Cai - Hanoi - Hai Phong - Quang Ninh; the economic corridor of Nanning (China) - Lang Son - Hanoi - Hai Phong - Quang Ninh; the coastal economic corridor (Quang Ninh - Hai Phong - Thai Binh - Nam Dinh - Ninh Binh), playing a particularly important role. Building a coastal economic zone in the South is not only for Hai Phong but also creates regional development linkages, increases national competitiveness, makes the most of the advantages of its strategic location and the gradually improving regional transport infrastructure.

Perspective of planning of coastal economic zone in the South of Hai Phong

In addition, the coastal route through the center of the southern coastal economic zone of Hai Phong is gradually taking shape. At the same time, the Ninh Binh - Hai Phong expressway, planned to be completed before 2030, will help goods from the northern coastal provinces shorten the connection distance and facilitate connection with Nam Do Son port.

In the trend of developing an “open” economy, Hai Phong’s space can also open up to the Southwest region of China, directly to the two provinces of Guangxi and Yunnan when the Ministry of Transport is building a Pre-Feasibility Study Report on the construction of a new railway line Lao Cai – Hanoi – Hai Phong – Quang Ninh connecting with Kunming, Yunnan province of China. Along with seaports, highways, railways, inland waterways, in the Southern coastal economic zone, an international airport is planned to be built in Tien Lang district, with a capacity of 12 million passengers/year.

Mr. Le Trung Kien, Head of the Hai Phong Economic Zone Management Board, said: The official establishment of the economic zone is very necessary to "race" to welcome the "wave" of investment from large domestic and foreign corporations and enterprises heading to Hai Phong, especially in the field of chip, semiconductor and electronics industries. At that time, the Southern coastal economic zone will be the only place in Vietnam to date implementing high integration policies, creating outstanding advantages to attract foreign investment, and being competitive enough in the region.

Source: https://baodautu.vn/chinh-thuc-thanh-lap-khu-kinh-te-ven-bien-phia-nam-hai-phong-d231706.html