The total investment demand for the development scheme is estimated at more than 78 trillion VND, of which the state budget will account for around 2.46% while the remainder will come from non-budget sources.
Quang Ngai aims to develop Ly Son into the country’s leading marine and island tourism centre by 2045.
Under the scheme, the overall target is for Ly Son to become a marine and island tourism hub for the South Central Coast and Central Highlands regions by 2030. The island district is expected to effectively tap into its local potential through high-end coastal resorts and entertainment and leisure complexes with distinctive and highly competitive features, combined with community-based and rural tourism, while gaining recognition as a National Tourism Area.
By 2045, Ly Son is expected to become a national marine and island tourism centre, offering distinctive and unique tourism products and serving as a key destination on international sea tourism routes. The plan seeks to maximise the island’s advantages within regional, national, and international linkages, contributing to the diversification of tourism products and improving access to markets connected to other tourism centres and destinations.
The scheme also aims to create jobs, promote social development, raise awareness of the role and importance of the tourism sector, safeguard national security, and ensure social order and safety in tourism-related activities.
Regarding specific targets, by 2030 Ly Son aims to attract 400,000 visitors, including 10,000 foreign tourists, and generate VND 900 billion in tourism revenue. The tourism and services sector is expected to become the main driver of economic growth, contributing around 60% of the special zone’s GRDP. Demand for accommodation is projected to reach 1,500 rooms, while the tourism workforce is expected to total 6,000 people, including 2,000 direct employees.
Looking ahead to 2045, it is projected that Ly Son will be receiving an annual 2.5 million visitors, including 80,000 international tourists. Total tourism revenue is expected to reach 4.5 trillion VND, with tourism and services contributing 70% of GRDP. Accommodation demand is forecast at 11,600 rooms, while labour demand is expected to rise to 23,000 workers, including 11,600 direct employees.
According to calculations by the Quang Ngai Provincial People’s Committee, the total investment demand for developing Ly Son into a marine and island tourism hub by 2045 will exceed 78 trillion VND. Of this figure, more than 1.742 trillion VND will be allocated to projects already underway or yet to be implemented, while more than 76.295 trillion VND will be earmarked for newly proposed projects. State budget capital will account for approximately 2.46%, equivalent to more than 1.92 trillion VND, with the remainder coming from non-budget sources.
