King Philippe of Belgium and Queen Mathilde's recent visit to Quang Ninh province marked a significant milestone for the region, especially with the inauguration of the Bac Tien Phong Industrial Park's serviced office complex. This event, held in Quang Yen town, was not just a ceremonial occasion but a clear indication of the growing international collaboration and investment opportunities in Vietnam.
The royal couple's visit was attended by key figures, including Nguyen Hoa Binh, a member of the Politburo and Secretary of the Central Committee of the Communist Party, along with Thao Nguyen, the Deputy Prime Minister. Their presence underscored the importance of this project for both local and international stakeholders.
The serviced office complex at Bac Tien Phong represents an investment of approximately 5 billion Vietnamese dong (about $215,000 USD) and was completed after 14 months of construction. This facility is designed to be a model of sustainability, aiming to significantly reduce CO2 emissions while adhering to international green building standards. It boasts high-quality amenities that cater to modern business needs.
Quang Ninh province has become a hub for foreign direct investment, attracting over 200 projects from 20 different countries, with a total registered capital exceeding 16 trillion Vietnamese dong (approximately $680 million USD). This influx of investment highlights the province's strategic importance and its appeal to international investors, particularly those from the European Union.
During their visit, King Philippe and Queen Mathilde also attended the groundbreaking ceremony for three additional projects in Quang Ninh, which collectively represent an investment of around 400 billion Vietnamese dong (approximately $17 million USD). These projects are expected to enhance the infrastructure of the Bac Tien Phong Industrial Park and two other industrial zones, which are designed to meet modern ecological standards.
The Bac Tien Phong Industrial Park is not just about economic growth; it symbolizes a commitment to sustainable development. The project aims to create a modern industrial zone that aligns with both Vietnamese and European standards, focusing on ecological sustainability and reducing environmental impact.
Quang Ninh's leadership has been proactive in facilitating foreign investments, providing support for investors in securing land approvals and completing infrastructure in industrial zones. This strategic approach has positioned Quang Ninh as a competitive destination for foreign businesses looking to establish operations in Vietnam.
The visit by the Belgian royal family is seen as a significant diplomatic gesture, reinforcing the ties between Belgium and Vietnam. It opens new avenues for cooperation, particularly in attracting Belgian and EU businesses to invest in Quang Ninh, enhancing economic relations further.
As the Bac Tien Phong Industrial Park continues to develop, it is expected to play a crucial role in the region's economic landscape, offering opportunities for job creation and technological advancement. The successful completion of the serviced office complex is just the beginning of what promises to be a transformative period for Quang Ninh.
In summary, King Philippe and Queen Mathilde's visit has not only highlighted the potential of Quang Ninh as a burgeoning industrial hub but also emphasized the importance of international collaboration in achieving sustainable economic growth. As the province continues to attract significant foreign investment, it sets a precedent for other regions in Vietnam aiming to enhance their economic profiles while prioritizing environmental sustainability.
