Quang Nam on investment course: Projects should progress quickly!

Quang Nam on investment course: Projects should progress quickly!

Le Van Dung, chairman of the Quang Nam Provincial People's Committee, highlighted the challenges in disbursing public investment funds during a visit to a project in Tam Ky City. A meeting of the People's Committee was held on June 3, 2025 to assess the socio-economic situation in May and the first five months of 2025. Nguyen Van Thuong, director of the board of directors of the Quang Nam Traffic Construction Investment Project, announced that the project's progress will be accelerated in June, with an expected payout of 23%. However, this comes under pressure from slow disbursements caused by hesitant local officials and a lack of compensation in many communities. Difficulties in implementation also include problems with resettlement and procurement of construction materials, which affect the progress of the construction project.

Vo Van Diem, Director of the Provincial Construction Investment Project Management Board, informed that VND1,142 billion in capital was allocated, of which only VND417.5 billion (36%) was disbursed. On the positive side, ODA projects are being successfully implemented, with an expected disbursement of 43% by the end of June and 50% by the end of July. However, significant challenges remain, especially in the procurement of materials such as sand and stone, which hinders construction companies in their work.

Demands and solutions

Tran Anh Tuan, vice chairman of the People's Committee, called for a reassessment of poverty alleviation criteria in Phuoc Son and Bac Tra My townships. Municipalities must immediately assess and meet the criteria for the National Target Program for New Rural Development (NTM). Despite the difficulties, Le Van Dung praised the successes achieved so far and emphasized the need for strong leadership to achieve the goals set. Strategic projects to attract investment must be accelerated, as well as addressing material shortages and reviewing the responsibilities of officials.

Another focus is on digitalization in the education sector, especially in entrance exams and Abitur exams, as well as investments in culture, sport and tourism. Digital transformations, such as the introduction of electronic medical records, also need to be pushed forward. An important concern is the processing of complaints and the implementation of regulations regarding the reception of citizens.

Investment projects in Quang Nam

Quang Nam is calling on investors to participate in 277 projects that aim to significantly develop regional infrastructure. Projects at Chu Lai Port include the expansion of Chu Lai Airport, urban rail connections between Hoi An, Chu Lai and Da Nang, and dredging of the Cua Lo Canal. The Chu Lai Airport investment project includes a new 3,048 m x 45 m runway, new taxiways and 32 to 40 aircraft parking spaces, as well as a passenger terminal with a capacity to accommodate 10 million passengers per year.

The Cua Lo Canal dredging project aims to accommodate 50,000-ton vessels and be linked to the Tam Hoa Free Trade Zone. A new port for large ships will also be built, which will contribute to the development of infrastructure in the free trade zone. Investments will also be made in the expansion of industrial parks, including Chu Lai Truong Hai Automobile Industrial Park (115 ha), Nam Thang Binh Industrial Park (645 ha) and Tam Anh 3 Industrial Park (250 ha).

The Ministry of Finance has taken responsibility for promoting investment in these project initiatives and is working closely with economic zone management as well as other departments and local authorities to promote infrastructure development in Quang Nam. The challenges and opportunities are many, but the determination to achieve the goals remains strong.