At a ceremony held on June 19 to announce and hand over investor approval decisions for APEC 2027-related developments, Nguyen Thanh Nhan, Chairman of the Kien Giang People’s Committee, emphasized that Phu Quoc - Vietnam’s first island city - is well-positioned to become a premier international destination.

He highlighted the island's growing global stature, marked by the presence of major international brands, iconic infrastructure, and strategic investments by leading corporations.

“For APEC 2027 to succeed, Phu Quoc must be backed by a modern, synchronized, world-class infrastructure foundation. To achieve that, we must act decisively and focus our efforts starting today,” Nhan stated.

During the event, Kien Giang authorities granted approval for three key projects set to bolster the island’s infrastructure for APEC 2027.

First is the expansion of Phu Quoc International Airport, with an investment of nearly VND 22 trillion (approx. USD 862 million), scheduled for implementation between 2025 and 2027.

The airport will be upgraded to ICAO’s 4E classification. The runway infrastructure will include the extension of runway 1 to 3,500 meters and the construction of a new 3,300-meter runway. The aircraft apron system will be expanded to accommodate over 100 parking positions, including 45 stands for wide-body aircraft, complemented by a modern jet bridge system.

The second project is the Bãi Dat Do Mixed-Use Urban Area, with a total investment of VND 64 trillion (approx. USD 2.5 billion). Phase 1 will focus on technical infrastructure, parks, beaches, and public plazas to create a cohesive urban landscape. The development will also include luxury hotels operated by top global hospitality brands.

The third project is the Ong Quan Mountain Eco-tourism Urban Area, valued at VND 5.55 trillion (approx. USD 218 million), which will serve as a green destination aligned with the APEC 2027 theme.

Bui Thanh Trung, Chairman of Sun Group Southern Region - the investor behind all three projects - pledged to mobilize maximum resources and maintain full focus to meet or exceed construction timelines, ensuring the highest economic efficiency.

Tran Tuyen