Nghi Xuan – “promised land” for investors

Expanding potential, accelerating development

As one of the districts with the most favorable location and advantages in Ha Tinh province, Nghi Xuan is increasingly accelerating in the competitive real estate market.

In terms of location, Nghi Xuan is adjacent to Vinh city (Nghe An) - a core urban area with a strong impact on the entire North Central region. The boundary between the two sides is demarcated by the historic Lam River, which has both cultural value and great contributions to socio-economic development, through promoting the formation of a vibrant riverside life.

Nghi Xuan is also a province with a synchronous and standard infrastructure system from road to waterway. The road system receives two main branches of the country, National Highway 1A and National Highway 8B, with a total length of nearly 35km; along with 25.35km of coastal road Xuan Hoi - Thach Khe - Vung Ang.

From Ben Thuy Bridge, Nghi Xuan is directly connected to Vinh City and easily accessible to Vinh International Airport, with a time of 40 minutes. In addition, the district has Xuan Hoi and Xuan Hai ports, located near some ports of neighboring provinces such as Ben Thuy port, Cua Lo seaport, Cua Hoi port, which is very convenient for the circulation of goods and market development.

Cua Hoi Bridge connects Nghi Xuan district and Cua Lo town (Nghe An), creating a regional connection between the national coastal road and existing traffic routes; promoting economic development of the two provinces. The project started construction in February 2019. Photo: document

Talking about Nghi Xuan is talking about the land of "geomancy and talent" that has produced many cultural celebrities such as: Great poet Nguyen Du, geographer Ta Ao... This place has 200 famous relics and many types of world-famous tangible and intangible cultural heritage.

With this advantage, Nghi Xuan is gradually creating a separate development path with cultural tourism activities for celebrities and spiritual cultural tourism, a type that is popular with many people.

Endowed with 32km of coastline, Nghi Xuan annually reaps great profits from seafood. In addition, resort and eco-tourism here has also built a solid foothold with emerald green beaches such as Xuan Thanh and Xuan Hoi beaches; leading to the emergence of high-class beach resort projects.

It can be said that Nghi Xuan is gradually "transforming" to become one of the most promising destinations in the eyes of investors.

And impressive moves

In 2018, Nghi Xuan district was delighted with impressive "telling" numbers: economic growth rate reached 17.56% (Plan 17.42%); average income per capita is estimated at 36.66 million VND/person/year (Plan 35 million VND/person/year); budget revenue is estimated at 235 billion VND (exceeding 51.6% of the plan, up 23.68% over the same period in 2017). The district also has a large number of overseas Vietnamese who regularly contribute to the development of their homeland.

Nghi Xuan is one of the localities with the largest amount of remittances in the country. Photo: Document

Notably, the district's administrative procedure reform index has increased (ranked 10/13 in 2015, in 2018, the rate of handling records reached 99%, ranked first in Ha Tinh province). This is one of the moves to create an open environment to attract investment and develop the socio-economy that Nghi Xuan has resolutely acted upon in the period of 2016 - 2020, increasing investment capital from enterprises gradually over the years: in 2010 it was 77 billion VND, in 2015 it was 1,200 billion VND and in 2018 it increased to 2,614 billion VND.

Thanks to comprehensive efforts, in just about 2 years, Nghi Xuan, a young district, known only for its available resources, has now become a regular destination for the rich. Next, tourism and commercial areas have continuously received investment policies such as: Xuan Giang 2 Island Ecological Urban Area, Tourism, Entertainment Project; Nghi Xuan - Loc Ha Coastal Tourist Area...

Xuan An Green Park Urban Area in Xuan An Town, Nghi Xuan District is creating a "seismic" shock in the investment community nationwide. Photo: Document

Modern urban projects are also quickly taking shape to keep up with the pace of the times. Along major roads are large-scale projects with synchronous investment in infrastructure and utilities such as:Xuan An Green Park Urban Area, Xuan Pho Urban Area, Cua Hoi Seaside Urban Area,Xuan Lien Urban AreaThese projects, in addition to playing a role as a link in the system connecting tourist areas, also completely change the concept of settlement and enjoyment of residents of Ha Tinh and Nghe An provinces and the entire North Central region.

With synchronous, systematic and right-directed investment, Nghi Xuan real estate is making a breakthrough with many promising benefits for investors. Seizing the opportunity, many investors are implementing the strategy of investing in Nghi Xuan with attractive starting prices, diverse beautiful products, high liquidity, low risk and especially the profit value is convincing enough for all real estate investors./.