Italy’s Fordenone and Emilia Romagna provinces will invest in high-tech agricultural production, processing and industrial projects in southern Binh Duong province.

Radio the Voice of Vietnam (VOV) website said the commitment was made at the signing of a cooperative agreement between Binh Duong province and the two Italian localities on May 29.

Speaking at the signing ceremony, by Le Thanh Cung, Chairman of the provincial People’s Committee, said that Binh Duong welcomes Italian investors and creates the best possible conditions for them to operate in the locality.

Albertto, President of the Emilia Romagna Chamber of Commerce, said Italy currently has five projects in Binh Duong that are operating efficiently.

He added that 90 Italian automobile, high-tech, and processing bu sinesses are keen to invest in Vietnam and consider Binh Duong a key destination for their projects.

A delegation from two Italian regions and representatives from the Italian Chamber of Commerce also visited the My Phuoc Industrial Zone and Binh Duong industry-services and urban area complex.

Binh Duong is one of the leading Vietnamese localities in attracting foreign investment. It has so far licensed 2,160 investment projects capitalised at more than 18 billion USD from 35 countries and territories.-VNA