A corner of La Gi Town
One of the projects is the Becamex VSIP Binh Thuan Industrial, Service and Urban project in La Gi Town and Ham Tan District, covering nearly 5,000 hectares and worth VND18.84 trillion (USD 820 million). This is a joint venture project between Becamex IDC Corporation of Vietnam and Singapore’s Sembcorp Development Group. La Gi has attracted a series of billion-dollar projects and is becoming the largest economic centre in southern Binh Thuan.
The second project is the 300-ha Tan Duc Industrial Park in Ham Tan District and La Gi Town which is invested by Sonadezi Binh Thuan JSC with an investment of VND1.20 trillion (USD 53 million). This project is scheduled to start construction in 2022.
The third project is the LNG gas-fired power project near Ke Ga Cape invested by the US’ AES Group. This project has a total investment of USD 1.31 billion which is the largest FDI project in the province so far.
To create favourable conditions for the development of La Gi Town, local authorities are building two roads running from the Dau Giay-Phan Thiet Expressway through Ham Tan District to La Gi. The roads will help shorten travelling times from HCM City to La Gi to one and a half hours and from Phan Thiet Airport or Long Thanh Airport to La Gi to an hour.
Binh Thuan Provincial People's Committee has also approved a plan to upgrade La Gi Town to La Gi City and develop it into a key provincial economic centre.