Business

Kien Giang lures 1.77-billion-USD-investment in six months

The Mekong Delta province of Kien Giang licensed 24 projects, including three foreign direct investment (FDI) projects, with a combined registered capital of 40.31 trillion VND (1.77 billion USD), 3.6 times higher than the number of 2016.
Kien Giang lures 1.77-billion-USD-investment in six months ảnh 1A corner of Ha Tien town, Kien Giang province (Source: VNA)

Kien Giang (VNA) – The Mekong Deltaprovince of Kien Giang licensed 24 projects, including three foreign directinvestment (FDI) projects, with a combined registered capital of 40.31 trillionVND (1.77 billion USD), 3.6 times higher than the number of 2016. 

Currently, the province has 712 projects,including 47 FDI ones, worth 540 trillion VND (23.78 billion USD).

The projects are invested mainly in tourism,agriculture, processing and manufacturing industries, petroleum transport,trade and services. 

Pham Vu Hong, Chairman of the provincialPeople’s Committee, said Kien Giang will continue investing in infrastructureconstruction and call for more investment into industrial parks, particularlyin its key sectors.

The province will create favourable conditions for investors todeploy licensed projects and speed up the progress of construction projects, hesaid, adding that Kien Giang will also simplify administrativeprocedures in the time to come.-VNA

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