# Quang Ngai economic development and reform > Live situation record from CLSTR: https://clstr.news/situations/quang-ngai-economic-development-and-reform > Updated: 2026-09-01T05:30:51.000Z. Sources: 6. Developments: 2. Quang Ngai province is pursuing a strategy to transform into a national marine economic center, supported by strong economic growth. Between 2021 and 2025, the province reported an average annual GRDP growth of 11.8%, with 2025 seeing a 10.02% increase. Fiscal performance has remained strong, with state budget revenue exceeding estimates for five consecutive years. To improve competitiveness, the province is shifting its investment attraction focus from quantity to quality. This transition follows 2025 Provincial Competitiveness Index results that placed the province in a low administrative quality group, citing weaknesses in transparency, unofficial costs, and enterprise support. In response, Quang Ngai aims to reform administrative procedures, resolve land-related bottlenecks, and improve information transparency. The province also intends to leverage its heavy industry advantages to attract capital for green transition projects as part of a broader economic growth model shift. ## Timeline ### 2026-09-01: Quang Ngai implements new investment strategy to improve competitiveness Quang Ngai is shifting its investment strategy from quantity to quality, focusing on administrative reform and green projects following low provincial competitiveness index scores. 3 sources. https://clstr.news/cluster/quang-ngai-implements-new-investment-strategy-to-improve-competitiveness ### 2026-08-27: Quang Ngai aims to become a national marine economic center Quang Ngai province reports strong economic growth from 2021-2025, aiming to become a national marine economic hub following a working session with the Ministry of Finance. 3 sources. https://clstr.news/cluster/quang-ngai-aims-to-become-a-national-marine-economic-center --- Cite as: Quang Ngai economic development and reform. CLSTR, https://clstr.news/situations/quang-ngai-economic-development-and-reform