Published June 21, 2018 | Version 1

The project of establishing Phu Quoc special economic zone ( Draft_version_vn1)

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Description

The project of establishing Phu Quoc special economic zone was proposed by the People's Committee of Kien Giang province to the Government in late 2012 with the desire to develop Phu Quoc island into a special economic-administrative zone directly under the Central Government. In August 2018, the Prime Minister agreed on the policy to allow Kien Giang province to organize the implementation of the Master Plan on socio-economic development of Phu Quoc island under the orientation of Special Administrative - Economic Units.

The province has implemented a number of procedures to implement the planning, but the draft of the Law on Special Administrative - Economic Units has not been approved by the National Assembly until now, so the process of planning implementation Phu Quoc island according to the orientation The special administrative - economic unit faces many difficulties and obstacles when it has not determined the legal basis, the order of procedures, the content of the planning and the evaluation council ...

In August 2019, Kien Giang Provincial People's Committee submitted a proposal to the Prime Minister on the implementation of Phu Quoc island planning in the direction of suspending the formulation of Phu Quoc island's socio-economic development master plan. The direction is to be a special administrative - economic unit until the Law on special administrative - economic unit is passed by the National Assembly.

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