IPPG Invests 7,000 billion VND in Phu Quoc, Vietnam's Largest Non-tariff Zone

12 - 11 - 2021

bóng đá trực tuyến xôi lạc Phu Quoc Non-tariff Zone investment project, in which IPP Group has invested almost VND 7,000 billion, would help to create distinctive goods for Vietnam and bóng đá trực tuyến xôi lạc region.

bóng đá trực tuyến xôi lạc Phu Quoc Economic Zone Management Board (Kien Giang) has officially granted Imex Pan Pacific Group (IPP Group) an Investment Registration Certificate to carry out bóng đá trực tuyến xôi lạc Phu Quoc non-tariff zone construction investment project in Bai Vong Hamlet, Ham Ninh Village (Phu Quoc, Kien Giang).

This project, with a total investment of around 6,830 billion VND, is expected to construct a non-tariff zone, a commercial service, and an entertainment and residential area until it opens in 2028 to meet bóng đá trực tuyến xôi lạc needs of people's commerce, services, and recreation. As a result, bóng đá trực tuyến xôi lạc project will serve as a driving force for socio-economic growth in bóng đá trực tuyến xôi lạc surrounding communities, particularly through producing jobs for employees during bóng đá trực tuyến xôi lạc project's implementation and completion.

According to Mr. Lam Minh Thanh, Chairman of bóng đá trực tuyến xôi lạc Kien Giang Province People's Committee, bóng đá trực tuyến xôi lạc Phu Quoc Free Trade Zone project was identified by bóng đá trực tuyến xôi lạc province as a key project of Phu Quoc, included in bóng đá trực tuyến xôi lạc Provincial Party Congress Resolution. This is a large-scale project that will contribute to bóng đá trực tuyến xôi lạc creation of unique goods for Vietnam and bóng đá trực tuyến xôi lạc entire region.

bóng đá trực tuyến xôi lạc project will cover 101 hectares and will contain 12 major components, including a non-tariff zone (hard barrier) and a commercial and service area outside bóng đá trực tuyến xôi lạc non-tariff zone. bóng đá trực tuyến xôi lạc whole project will comprise 20 operational goals, such as a factory outlet, a duty-free supermarket area with numerous imported consumer items from all over bóng đá trực tuyến xôi lạc globe, including Australia, America, Europe, and high-quality Vietnamese products. Duty-free stores, commercial and foodservice facilities, as well as a number of well-known fast food, café, bar, and restaurant brands. Unrivalled indoor and outdoor entertainment area in Vietnam. bóng đá trực tuyến xôi lạc five-star hotel and resort area, bóng đá trực tuyến xôi lạc area for introduction and trade promotion, bóng đá trực tuyến xôi lạc warehouse and commodity storage…

bóng đá trực tuyến xôi lạc first large-scale discount sales outlet (Factory Outlet) in Phu Quoc, as well as in Vietnam, has piqued bóng đá trực tuyến xôi lạc public's curiosity. According to bóng đá trực tuyến xôi lạc IPPG-created project, this Factory Outlet will be developed on an area of 14.06ha near Phu Quoc airport, with more than 200 booths from prominent brands from across bóng đá trực tuyến xôi lạc world and Vietnam. This will be bóng đá trực tuyến xôi lạc emphasis of retail stores providing authentic seasonal items (Genuine brand products) at prices that are 30-80% lower than those found in other mainstream retailers.

There were self-formed outlet models in Ho Chi Minh City and other provinces a few years ago, but they all failed and collapsed since there were no prominent brands to participate. Because of bóng đá trực tuyến xôi lạc direct involvement of key mainstream brands, bóng đá trực tuyến xôi lạc Factory Outlet area of IPPG will be a project of enormous scale and professionalism, with 108 high-end names dispersed throughout Vietnam. Normally, regions across bóng đá trực tuyến xôi lạc world that are permitted to establish Factory Outlets will be bóng đá trực tuyến xôi lạc site to draw "very strong" a large number of domestic and foreign visitors to shop and stay longer, "hook bóng đá trực tuyến xôi lạc purse." Shoppers spend more money, which supports other service industries to generate more resonance than tourist destinations without Factory Outlet. As a result, it is necessary to state that this is a future strength of Phu Quoc, a highlight for bóng đá trực tuyến xôi lạc remarkable growth of bóng đá trực tuyến xôi lạc service tourist sector, and a lever for economic development.