Nguyen Tien Hai, the province’s deputy Party Secretary and Chairman, pledged continued administrative reform and offered the most beneficial policies for investors (Source: VNA) HCM City (VNA) - Authorities in the southernmost province of CaMau have pledged to continue with administrative reform and offer the mostbeneficial policies for investors.
Speakingat a conference in HCM City on December 16 titled Investment Potential andOpportunities in Ca Mau, Nguyen Tien Hai, the province’s deputy Party Secretaryand Chairman, said Ca Mau is one of the four provinces and cities in the KeyEconomic Zone of the Mekong River Delta and is surrounded by the ocean on threesides.
Itsforest and marine resources provide it with unique advantages to developfisheries, agriculture, forestry, services, tourism, exploitation of gas andoil and seaports, he said.
Besides,it also has advantages with respect to aquaculture, high-quality seafoodprocessing and exports.
Thisyear the province has attracted 6.63 trillion VND (293 million USD) worth ofinvestment in 30 projects.
Itis now home to 205 projects with total registered capital of 83 trillion VND, including some major projectslike the B - O Mon gas pipeline, power plants, and nitrogenous fertiliserplants.
“The province is soliciting investment in agriculture,manufacturing, trading, services, tourism, infrastructure in economic zones andindustrial parks, and transport infrastructure,” Hai said.
The province took the occasion to table a list of more than 30projects in which it is seeking investment.
They include the 3.5 billion USD Hon Khoai Seaport Complex, the 1trillion VND Ca Mau Cape Tourism and Culture Park, and a 1 trillion VNDresidential-service-trading area at Nam Can Economic Zone.
“Toattract more domestic and foreign investment in the province, Ca Mau willcontinue to prioritise investment in infrastructure and worker training,drastically improve administrative procedures to create a transparent andfavourable business and investment environment,” Hai said.
MaiHuu Chinh, director of the province Department of Planning and Investment, saidin addition to incentives in line with the Investment Law, the province willalso have support policies with respect to land acquisition and investment ininfrastructure like roads and power system in industrial parks.
Haisaid investors will be supported with advertising in the province’s portal,investment and trade promotion, technology transfer, credit, brand building anddevelopment and human resource training.
Authoritieswill promptly act on feedback and complaints from investors to resolve them,and provincial leaders would hold regular meetings and direct exchanges withinvestors to address their difficulties, he said.
Atthe conference, the provincial government handed over licences for fiveprojects with total registered capital of 5.984 trillion VND (264.77 million USD).
Amongthem was the Cong Ly Construction-Trading-Tourism Co., Ltd, which has invested 5.5trillion VD in a wind power plant in the province.
Theprovince also signed five memorandums of understanding with investors forbuilding malls and a wind power plant and other projects. — VNA
