A business delegation from China’s Guangdong province, headed by Governor Huang Hua Hua visited the northern port city of Hai Phong on Oct. 18 to seek for cooperation and investment opportunities.

The delegation, which also included the Vice Mayor of Shenzhen city, worked with Hai Phong leaders and relevant agencies.

The two sides exchanged views on measures to boost economic cooperation, focusing on speeding up the implementation of a project to build An Duong industrial park in the city.

The project invested by Shen Yue Investment Co. Ltd from Shenzhen has a statutory capital of 40 million USD. The first phase of the project will cover 209 ha with an investment capital of 175 million USD.

Hai Phong authorities will create favourable conditions for the investor to build the IP with modern and environmental friendly technologies to contribute to socio-economic development and job generation for the city./.