Clearly identifying this advantage, over the years, the province has focused on planning and investing in synchronous infrastructure, especially the transport system for development and ready to connect with the whole region and region to grow stronger.
Improve intra-provincial traffic
For many years, the economy of Ba Ria-Vung Tau province has developed based on four pillars: industry, seaport, tourism and tourism ,agriculture high technology. With four well-defined pillars, the province has focused on investing in infrastructure and connected transport systems to serve as the foundation for bringing into full play the potential of each region.
Typically, the inter-port road is more than 17.2km long and the connection road from the inter-port road to National Highway 51 has created great conditions for attracting and forming the special Cai Mep-Thi Vai seaport cluster of the country today.
In the field of tourism, the province invested in the Vung Tau-Binh Chau coastal route, which has maximized the strength of sea tourism along this route. Many investors with big projects have flocked here to build this area into very modern coastal cities.
In the field of high-tech agriculture, the province has also planned and shaped intensive agricultural areas in Chau Duc and Xuyen Moc districts, and invested in a connected transport system to attract investors, and at the same time create favorable conditions for investment. economic development for people.
Deputy Director in charge of the Department of Planning and Investment of Ba Ria-Vung Tau province Pham Quang Nhat said that in the period 2010-2020, the province spent nearly 18,680 billion VND (accounting for more than 32.8% of the total public investment budget capital). province) to complete 273 transportation projects in the area.
According to Director of the Department of Transport of Ba Ria-Vung Tau province, Tran Thuong Chi, so far, the province has basically completed the general structural framework for traffic with a total length of more than 4,624km. Provincial roads combine with national highways to form a network of interlocking horizontal and vertical trunk roads to help develop industrial, tourist, urban and rural zones. Ba Ria-Vung Tau province is considered as one of the top provinces in the country in terms of intra-provincial traffic development.
Thanks to the right investment, the right focus, the "blood vessels" radiate to nurture and arouse the full potential, advantages and resources of each land, the socio-economic of Ba Ria-Vung Tau province has taken a step. outstanding development with a solid foundation. As of the end of 2020, there are 621 valid domestic investment projects in the province with a total registered capital of nearly 305,000 billion VND. In the period 2005-2020, there were 461 foreign-invested projects registered in the province with more than 33 billion USD, on average, each year attracted about 29 projects with the registered capital of more than 2 billion USD.
By 2020, the economic scale of Ba Ria-Vung Tau province will reach nearly VND 310,000 billion, 3 times higher than 2005. In 2021, the GRDP scale of Ba Ria-Vung Tau province (excluding oil and gas) ranks third in the country. and GRDP per capita (excluding oil and gas) is 2 times higher than the national average.
Advantage is common property
According to the Department of Transport of Ba Ria-Vung Tau province, the province has now put into operation 50 ports with a total length of wharf more than 17 km, with a capacity of 180 million tons/year. Particularly, Cai Mep-Thi Vai port cluster has 24 port projects put into operation with a total length of berths of nearly 11km with a total design capacity of 129 million tons/year, of which there are 8 container ports with a capacity of 8.3 million TEU/year.
Cai Mep-Thi Vai is the only port cluster in Vietnam that can receive the world's largest container ship with a tonnage of more than 200,000 DWT and is one of the 20 ports in the world capable of receiving super-heavy ships and currently. is in the group of 50 seaports with the highest container handling capacity in the world.
The Department of Planning and Investment of Ba Ria-Vung Tau province said that the total cost of implementing seaport projects in the province so far is more than VND 61,000 billion, of which Cai Mep-Thi Vai port cluster alone accounts for more than VND 61,000 billion. the majority with nearly 52 trillion dong.