Kon Tum: Potential and investment opportunities

Natural condition:

Located in an important position in the Cambodia – Laos – Vietnam Development Triangle, there is Bo Y International Border Gate Economic Zone, national highways 40, 24, 14 passing through the province connecting this border gate’s economic zone with the city. Kon Tum and Dung Quat economic zone along with ports in the Central region and with other provinces. This location creates conditions for Kon Tum province to become an initial integration area, an important transit location on the international economic and trade corridor connecting Myanmar – Northeast Thailand – Southern Laos with the region. Central Highlands, Central Coast and Southeast regions. This is one of the shortest East-West economic and trade corridors through Bo Y International Border Gate.

Kon Tum is also a place to invest in the aquatic resources of large river systems flowing down to the Central Coast region, where the most important watershed protection forest area of ​​the Yaly hydropower plant – in the Mekong river basin. Therefore, Kon Tum also has a very important position in protecting the ecological environment, not only of Kon Tum but also of the Central Coast, Southeast, Lower Laos and Cambodia.

Resources, potential and advantages for investment promotion activities:

Land resources: Total natural area is nearly 9,700 km2. Of which: agricultural land is 856,646.23 hectares, non-agricultural land is 42,754.53 hectares, unused land is 69,559.88 hectares. Kon Tum province’s land is very favorable for forming areas specializing in growing industrial crops, especially raw materials for processing industries such as rubber, coffee, pulp…; develop livestock farming and agroforestry farm models.

12.21.12Pa Sy Waterfall (Kon Plong)

Forest resources: Kon Tum is one of 5 provinces with large forest areas in the country, forest coverage (excluding perennial industrial trees) is over 66.6%, with a total reserve of about 54 million m2 of all types of wood. . Forests are Kon Tum’s strength and have many rare types of wood and precious medicinal herbs… Kon Tum forests have more than 300 types of plants of many different types such as: rosewood, rosewood, sandalwood, catte, mahogany, white worm, two-needle pine, chestnut, pomu, azalea… Especially in the Ngoc Linh mountain area, there are precious medicinal herbs such as Ngoc Linh ginseng, ginseng, polygonum, cinnamon… with over 100 types of animals, 350 species of birds, including many animals listed in the Vietnam Red Book. Chu Mom Ray National Park, Sa Thay district has an area of ​​over 56,000 hectares, with more than 50,000 rich fauna… an advantage for investing in ecotourism.

Water resources: Kon Tum has the Se San River system, a branch of the Mekong River flowing in the Northeast – Southwest direction. Total hydropower potential on the Se San River is 2,500 MW. On the Se San river system, hydroelectric projects have been completed and put into operation: Yaly (720 MW); Se San 3 (260MW); Se San 3A (100MW), Plei Krong (110 MW). Some other hydroelectric projects such as Se San 4 (330MW); Upper Kon Tum (220MW). In addition, Kon Tum also has great potential for small and medium hydropower, capable of building 120 projects, of which 49 projects have a capacity from 01 MW to 70 MW.


Raising sturgeon in Kon Plong

Kon Tum has hydroelectric lakes and irrigation lakes with the area of ​​Yaly Lake managed by Kon Tum being about 4,450 hectares, Plei Krong 11,080 hectares and other hydroelectric lakes such as Dak Bla 9,750 hectares, Dak Ne 510 hectares and other hydroelectric lakes. irrigation such as Dak Hnieng and Dak Uy. These are also lakes that retain water in the dry season for irrigation and production purposes, while implementing freshwater aquaculture and developing tourism services, especially ponds and lakes in Kon Plong district with high altitudes. Absolutely 1,100 meters is very suitable for the business of developing cold water fish such as salmon, sturgeon… In addition, Kon Tum also has hot springs over 550c such as Ram Phia stream, Kon Nit stream… which are streams containing a lot of water. Minerals have very effective medicinal effects.

Kon Tum province’s underground water source is distributed at a depth of about 10-25m, flow is about 1-3 liters/s, good water quality. These water sources are suitable for single water use needs.

Mineral resources: Quite diverse and rich, which is a premise for the development of the mining industry. According to investigation results, Kon Tum province has 214 mines and ore and mineralization sites, 40 types with different types of origin from mineral raw materials, ceramics, construction materials, decorative stones and fine arts. (clay, construction sand, paving stone, kaolin, feldspar, feldspar, dolomite, silimmite, diatomite…) to rare minerals and stones such as gold, silver, precious and semi-precious stones (rubies, sapphire, opal, garnet, tectic)…metallurgical minerals (wolfram, iron molybdenum, aluminum, copper, lead, zinc…), rare radioactive substances (Urane, thorium, rare earth).

12.21.13Central Highlands gong cultural space

Tourism resources: Kon Tum has diverse tourism potential and natural landscapes (68 cultural – historical tourist sites, 10 revolutionary historical tourist sites, 21 ecological tourist sites resort) combined with ethnic, historical, and ecological resort festivals that are unique to the Central Highlands such as: Nationally ranked historical relics: Kon Tum Prison, Dak Glei Prison; Famous places such as Charlie Hill, Dak To – Tan Canh, Ho Chi Minh trail…; historical, cultural, and ancient architectural works such as the wooden church, bishop’s palace, Bac Ai pagoda… many beautiful natural landscapes with majestic rivers, lakes, waterfalls, and mountains still full of wildness; valuable nature reserves such as Chu Mom Ray National Park, Ngoc Linh nature reserve, Dak Uy special-use forest; Central Highlands gong cultural space, Lung Leng (Sa Thay) archaeological site…

The economic growth rate in recent years of Kon Tum province has continuously achieved quite high and stable growth. The economic structure continues to shift towards gradually increasing the proportion of industry – construction and trade – services. Budget revenue in the area continuously increased and achieved the set goals. A number of industrial zones and clusters have initially been formed and have come into operation. Socio-economic infrastructure in remote and isolated areas receives attention for investment and construction. The city continues to be embellished and upgraded. Socio-culture has made progress, many pressing social issues have been addressed. People’s lives continue to improve and enhance./.

Article and photos: A Kham

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