Lao Cai attracts 11 projects worth 17,500 billion VND

Lao Cai province has attracted 11 investment projects with a total capital of nearly 17,500 billion VND during the first nine months of 2026. According to Vuong Trinh Quoc, head of the Lao Cai Economic Zone Management Board, the province has implemented various solutions to improve the business environment, resolve bottlenecks, and provide clean land for investors.

Key developments include the approval of five new industrial zones covering a total area of 1,255.29 hectares, with a combined investment of 13,989 billion VND. These zones include Ban Qua, Phu Xuan, Phu Xuan 1, Vo Lao, and Cam Duong.

Additionally, the province has approved projects for a smart border gate at the Kim Thanh road bridge and the construction of the Kim Thanh dry port, which has a registered investment of 1,388.2 billion VND. The province is prioritizing strategic investors with strong financial capacity and modern technology through administrative reforms such as the ‘Green Lane’ mechanism.