Ninh Binh focuses resources on major marine economy projects

The Provincial People’s Committee has issued an action plan on marine economic development through 2030, with a vision to 2045. The period leading up to 2030 is defined as a foundational phase focused on strategic infrastructure expansion and the implementation of major catalyst projects.

Under the plan, the province aims to mobilise significant private-sector investment to develop integrated infrastructure for economic zones, seaports, industry, logistics and energy. Authorities expect the strategy to create new growth hubs, enhance regional competitiveness and unlock the economic potential of coastal areas.

Among the flagship projects is the Xuan Thien Green Steel Plant No.1, designed with an annual capacity of about 7.5 million tonnes and a total investment of 88 trillion VND (approximately 3.4 billion USD) during the 2025 2029 period.

Another major project, the Xuan Thien Green Steel Plant, will have a planned capacity of 2.5 million tonnes per year with investment capital of 21 trillion VND, laying the groundwork for a large-scale industrial hub.

In transport and logistics infrastructure, Ninh Binh plans to develop a deep-water seaport integrated with an international general port and logistics centre. The facility is expected to handle around 120 million tonnes of cargo annually and accommodate vessels of up to 300,000 tonnes. The project has an estimated investment of 40 trillion VND and is expected to expand industrial development space and strengthen trade connectivity.

To support long-term growth, the province also plans extensive land reclamation projects aimed at creating land reserves for urban development, industry, commerce, services and resort tourism.

In addition, authorities are preparing plans for a large-scale coastal eco-urban area spanning up to 20,000 hectares, with estimated investment of 200 trillion VND during the 2036 2045 period.

Alongside these mega-projects, the province will continue upgrading infrastructure at existing coastal industrial parks, including Rang Dong Industrial Park and Hai Long Industrial Park, while planning nine new coastal industrial zones covering a combined area of around 2,100 hectares.

Tourism and marine services have also been identified as key growth drivers. The province plans to accelerate investment in eco-tourism, resort complexes, sports facilities and golf courses to better capitalise on natural advantages and gradually establish a modern coastal service chain.

At the same time, environmental protection and climate resilience remain central priorities. Ninh Binh plans to invest in a 400-hectare green hydrogen plant with total capital of 60 trillion VND, positioning the province as a leading clean-energy hub.

By 2030, the province also aims to upgrade more than 100 kilometres of critical sea dikes, restore around 5,000 hectares of mangrove forests, and develop marine environmental monitoring and wastewater treatment systems for coastal industrial zones.

To ensure the progress of these projects, provincial authorities have called for stronger administrative oversight at all levels, faster site clearance, improved support for businesses and a more favorable investment environment./.