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Kien Giang invites bids for three projects in Phu Quoc

The Mekong Delta province of Kien Giang is seeking more than 4.85 trillion VND (208.5 million USD) in investment for three new projects on the island of Phu Quoc.
Kien Giang invites bids for three projects in Phu Quoc ảnh 1A corner of Phu Quoc island from above (Source: VNA)

Kien Giang (VNA) – The Mekong Delta province of Kien Giang is seekingmore than 4.85 trillion VND (208.5million USD) in investment for three new projects on the island of Phu Quoc.

According tothe Phu Quoc management board of economic zones, the island is inviting bidsfor Bac An Thoi high-end villa area which covers close to 53 hectares in AnThoi township. The project has total investment of more than 3.4 trillion VNDand a building coverage ratioof 30 – 35 percent.

The area forvillas, business and services at Bai Truong tourist complex, Duong To commune needs approximately 1.07 trillion VND ininvestment. The project stretches across 11.24 hectares and has buildingcoverage ratio of 20 – 25 percent.

Bidders arealso being invited to invest 372.5 billion VND in a 14.9-hectare domestic wastetreatment plant at Bai Bon hamlet, Ham Ninh commune which has a designedcapacity of 350 tonnes of waste per day.

The provincepledges to provide investors with incentives in terms of tax rates, corporateincome tax, land and support in developing infrastructure. –VNA
VNA

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