According to consultants, the draft Project "Overall development of Phu Quoc to 2040, vision to 2050" orients Phu Quoc to develop according to the model of a sea and island tourism city - services - finance - technology.

The project aims to develop Phu Quoc City into a smart, ecological, prosperous coastal city, based on tourism, resorts, and trade - services with identity, high quality, regional and world stature; develop the economy along with improving people's lives, in harmony with preserving and promoting historical and cultural relics, conserving marine and island biodiversity and ensuring national defense and security.

With 3 pillars of development: Tourism with indigenous cultural colors, creating its own mark on regional and international scale; trade - services - logistics; creative, technological, ecological urban areas.

The project proposes a number of policy mechanisms on tourism, trade, high-quality services and smart, ecological urban development, such as: Tax exemption and reduction policies; electronic visa issuance, visa exemption; attracting high-quality human resources; government apparatus organization; investment management; finance, state budget; planning, urban, resource and environment management; science and technology management, innovation and creativity.

Speaking at the meeting, Chairman of the Provincial People's Committee Nguyen Thanh Nhan emphasized that building mechanisms and policies is a decisive and important factor for Phu Quoc to develop quickly and strongly, in line with trends and practical needs in the coming time. New mechanisms and policies need to be outstanding, in line with Phu Quoc's potential, have local characteristics, create a unique mark, and be competitive with the region and the world.

Comrade Nguyen Thanh Nhan requested relevant departments, agencies and Phu Quoc City to study and submit documents with comments and proposals for mechanisms and policies for Phu Quoc development until 2040, with a vision to 2050, before May 1. The Department of Finance will synthesize, collect expert opinions, and advise on completing the project before June 15 for approval by competent authorities.

Comrade Nguyen Thanh Nhan requested that the development of projects and mechanisms and policies for Phu Quoc City must be open, convenient, creating motivation for rapid and sustainable development; ensuring the attraction of large, high-quality investment resources; shortening the time for implementing planning, investing in projects, appointing strategic investors in accordance with the law; creating an attractive environment with sustainable sources of revenue in Phu Quoc City.

Source: https://www.qdnd.vn/kinh-te/tin-tuc/xay-dung-co-che-phat-trien-phu-quoc-co-suc-canh-tranh-quoc-te-825297