A conference to promote investment in Binh Dinh province on January 20 saw 22 projects worth a total 26 trillion VND licensed or signed as hundreds of domestic and foreign businesses came to the event to seek opportunities.

Binh Dinh this year will continue to undertake a host of measures to improve the local investment environment, said the Chairman of the central province’s People’s Committee Nguyen Van Thien.

When addressing the conference, Deputy Prime Minister Hoang Trung Hai praised provincial leaders’ initiative in holding the conference and urged Binh Dinh to use all the local capital resources it can muster and carry out site clearance projects more efficiently.

Being one of the five major economic areas in Central Vietnam, Binh Dinh has a great potential to attract investment. The province pulled in 229 projects with a combined capital of over 33.4 trillion VND between 2007 and 2009. Of these projects, 26 have been licensed to operate in the Nhon Hoi Economic Zone with a total capital of more than 18.1 trillion VND./.