Being planned by the Government to become an integrated, multi-sector and multi-function economic zone, Nam Phu Yen economic zone is changing day by day, ready all internal force to become a key marine economic zone of South Central Coast. Planning to open the way According to the decision approving the adjustment of the general planning for construction of Nam Phu Yen economic zone, Phu Yen province, the Government will accelerate the construction and development of Nam Phu Yen economic zone into a general economic zone.which combines multi-branch and multi-domains, to make use of all available advantages to break through to become a key economic zone of the South Central Coast region. Accordingly, the focus of development of Nam Phu Yen economic zone is: high-tech industry, industries associated with seaports; Ecotourism; urban and commercial services - river and sea tourism associated with the exploitation of Tuy Hoa airport and seaport system; ... At the same time, the Government also aims to build Nam Phu Yen economic zone into one of the important transport, trade and international exchange hubs of the Central and Central Highlands regions; gateway to the East Sea of ​​the Central Highlands and ASEAN countries;Nam Phu Yen is a general economic zone with modern infrastructure as a driving force for development in the South Central Coast region, with support and sharing links with Van Phong economic zone and surrounding areas. Nam Phu Yen economic zone is one of the eight economic zones prioritized for investment with the State budget, and has basically completed infrastructure to form Hoa Hiep I and Hoa Hiep II industrial parks; Tuy Hoa airport, Bai Goc port, Vung Ro port ... Priority mechanisms and policies have opened the way, creating a driving force for this area to develop strongly in the future. Infrastructure "internal - external" creates resilience During the development process, Nam Phu Yen Economic Zone has been proving its important role to the economy of the whole province. With the determination to turn the economic zone into a driving force for economic development, Phu Yen province has prioritized synchronous investment in essential infrastructure projects, in order to attract investors to enter the province. Notably, by air route with Tuy Hoa airport, waterway with Vung Ro and Bai Goc seaports. In particular, Tuy Hoa airport is expanding and upgrading into an international airport with a capacity of 4 million passengers / year, is a breakthrough in attracting investment, exploring the potential of the provincial tourism industry. Vung Ro and Bai Goc ports are busy seaports, with active import and export activities in the South Central Coast and the Central Highlands. These two ports are important trading gateways leading Phu Yen to the East Sea and the ASEAN region, expected to create investment attraction for supporting industries.

The presence of an international airport and a deep-water port in the heart of the economic zone is one of the great advantages of Nam Phu Yen, something that hardly any economic zone in the country has. This is a wide door that brings Nam Phu Yen economic zone closer to neighboring areas in the country as well as internationally,it has an attractive force that attracting many large corporations to land in the development of industry, tourism and real estate, creating an ecosystem for synchronous economic development,this is a lever to make Nam Phu Yen economic zone "bounce" strongly. On the road, there is a coastal route Tuy Hoa - Vung Ro with the length of more than 35 km being completed investment, connecting the transport infrastructure, promoting the expansion of urban space to the south of Phu Yen with sea view. This road, after being completed, will exploit all the strengths of coastal tourism destinations and supporting industries that connecting key projects in Nam Phu Yen economic zone. In addition, the North - South Expressway project in Van Phong - Nha Trang section with a total length is about 83km will be built in the period of 2021 - 2025. This is an important project connecting the three key economic regions of the North, Central and Southern regions,it also connects Nam Phu Yen with Nha Trang - the tourist capital of the South Central Coast region, which positively influencing the tourism industry of South in Phu Yen.

At the southernmost point, Ca Pass tunnel is connected to the road as an important "hyphen" between two provinces of Khanh Hoa and Phu Yen, connecting with the North Van Phong area - one of the three future special economic zones of Vietnam. creating a resonant driving force and the idea of ​​forming linkages in tourism and shipping, bringing both areas to develop together. According to the Chairman of Phu Yen People's Committee Pham Dai Duong, in the past, the province's socio-economic situation faced many difficulties, partly due to two passes: Ca Pass and Cu Mong Pass. But since the completion of the two road tunnels Deo Ca and Cu Mong Pass was completed, trade has been more favorable, the socio-economic development has been spectacularly developed, the budget revenue in 2019 has increased sharply to 7,000 billion VND. “Traffict is so convenient that this a great opportunity. We are determined to take advantage of this opportunity to make a breakthrough, ”Mr. Duong said and also emphasized that Phu Yen is preparing to build the best planning, while continuing to improve the investment and business environment, enhance attracting investment, especially foreign investment ... With the emphasis on planning and infrastructure, along with the ventilation mechanism and the attention from the central, Nam Phu Yen economic zone is in the sights of many corporations in technology, industrial. real estate, tourism, ... to welcome the great investment cash flow.

Source: https://cafef.vn/nho-quy-hoach-va-dau-tu-manh-ha-tang-nam-phu-yen-but-pha-don-van-hoi-moi-20201002113417678.chn