The southern province of Ben Tre has attracted six projects worth nearly 50 million USD at an investment promotion conference held as part of the third Coconut Festival.

Among the six licensed projects, four projects are funded by foreign direct investment, with the largest one, valued at 39.6 million USD, being a plant to produce auto gear of Nidec Tosok Precision Vietnam.

Memoranda of understanding on five other projects with a total investment of 1.28 trillion VND and 2 million USD were also signed on the occasion. The investors are finishing documents to get their licences as early as possible.

At the conference, Ben Tre called on investment in infrastructure systems in several industrial zones such as Giao Hoa in Chau Thanh district and Phuoc Long in Giong Trom district.

The projects are expected to make a significant contribution to the socio-economic development in the locality, helping the province fulfill its target of getting an annual GDP growth of 13 percent in 2015.-VNA