Cua Lo does a good job of planning to attract investment.

With an important location, potential, and advantages of beautiful and attractive beaches, identified in Resolution 26 of the Politburo, along with Vinh city becoming a coastal city, Cua Lo is identified as an important "growth pole" of Nghe An and is undergoing many innovations.

The Party Committee, government and people of Cua Lo town always identify investment attraction as one of the key tasks to develop the town's socio-economy, create jobs for the people and is a solution to help the town break through, exploit potentials, advantages, and strongly develop trade and services in Cua Lo.

A corner of Cua Lo town. Photo: Thanh Cuong

Since 2020, Cua Lo has attracted a number of large projects. These include: The Cua Hoi entertainment area project with an area of ​​195.5 hectares of Vingroup Corporation with a total investment of 1,000 billion VND, has now completed the cable car route to Ngu Island with a length of more than 3 km (tested the cable car load to Ngu Island). It is expected to be put into use on April 30, 2023, along with services outside Ngu Island and on the mainland. This project will create a new space and a new face for Cua Lo tourism to attract tourists.

The project to build wharfs No. 5 and No. 6 at Cua Lo Port of Cua Lo Port One Member Company with a total investment of 1,180 billion VND has completed wharf No. 5 and put it into operation. Currently, wharf No. 6 is being completed for operation (bringing the total number of wharfs of Cua Lo port to 6).

The Song Ngu Son Hotel project with 250 rooms was completed and put into use on April 30, 2022. In addition, many hotels of other private enterprises were deployed and put into use.

With the resources of enterprises, investors and people, at the same time, in the past time, the town has received investment attention from the Central Government and the province, so many large technical infrastructure projects have been implemented in the town, contributing to the socio-economic development of the town. These are: Cua Hoi Bridge Project with a total investment of 950 billion VND has been completed and opened, connecting Cua Lo with Nghi Xuan (Ha Tinh) and connecting with the Coastal Highway; The Vinh - Cua Lo traffic project, phase 1, has been opened and is currently implementing phase 2 (passing through Cua Lo), the project with a total investment of 1,415.24 billion VND invested by the Department of Transport, after the project is completed, it will connect Vinh city - Cua Lo by this major traffic axis.

In addition, the project of the coastal highway phase 1 passing through Cua Lo has been opened and put into use; the project of expanding Binh Minh road 7m to the East with a total investment of 300 billion VND (currently being implemented); the vertical axis project No. 5 (Sao Nam road section to Vinh Boulevard); the project of upgrading Sao Nam road with a total length of 1,639m invested by the Department of Planning and Investment and is being implemented,...

Implementing the direction of the provincial leaders, Cua Lo needs to have breakthrough thinking in planning and development, ensuring science, harmony, suitability with development trends and long-term vision. Cua Lo is focusing on doing well in planning, creating conditions to attract better investment in the coming time.

Mr. Doan Tien Dung - Chairman of Cua Lo Town People's Committee said: Regarding planning, currently, the town has a 1/2000 scale zoning plan for 7 wards, in which, functional areas have been identified, especially service, commercial, urban, industrial, handicraft, production, business areas... creating favorable conditions for attracting investment from enterprises to the town.

The town has also submitted to the Provincial People's Committee a policy to allow businesses to sponsor funding for planning urban areas and the planning area of ​​the park east of Binh Minh Street (currently the town is implementing the next procedures to establish the planning). After the planning is approved, the town will implement procedures to attract investment in the planning areas.

In addition, the town is focusing on re-planning markets, service and culinary areas west of Binh Minh Street (culinary areas: Nghi Hoa, Nghi Thu) to organize food and beverage business activities to serve tourists.

At the same time, continue to coordinate and urge investors and businesses to complete project items to put into synchronous operation: Cua Hoi amusement and entertainment area, Vinpear tourist area, Song Ngu Son tourist area, Cua Lo Gold Sea Company complex, Cua Lo Port, ... 2 40-storey hotel buildings on both sides of the boulevard according to the zoning plan on both sides of the boulevard.

The town also coordinates with provincial departments, branches, and investors to deploy and complete projects: Vinh - Cua Lo connecting road, coastal highway, longitudinal road No. 5, upgrading Sao Nam road...

Hot air balloon festival in Cua Lo. Photo: Quang An

Currently, the town is also focusing resources to complete key projects: Binh Minh Street, Nguyen Hue Street, renovating the East and West sides of Binh Minh Street, roads to Wharfs 5, 6, 7, 8 of Cua Lo Port, cross-roads from Binh Minh Street to Nguyen Hue Street, Project 6-11, Thu Thuy Ward administrative headquarters, Nghi Tan Ward Cultural House and projects according to the list of technical infrastructure that the Town People's Council Resolution has issued on the medium-term public investment plan, period 2021 - 2025.

Sea daisies in Cua Lo town. Photo: Archive