Cao Bang city of Cao Bang province (Photo: ubndtp.caobang.gov.vn) Cao Bang (VNA) – The northern mountainousprovince of Cao Bang will organise a conference on November 25 to populariseits investment, trade and tourism potential.
Director of the provincial Department ofPlanning and Investment Nguyen Thai Ha said this will be a chance for Cao Bang totap into its agricultural and forestry potential and make use of the advantagesof a border province with international border gates and crossing points, whichare favourable for trading activities between Vietnam and its biggest tradepartner – China.
Local authorities will also grant investmentapprovals and investment registration certificates to 16 projects with totalregistered capital of 4.2 trillion VND (181 million USD) at this event.
Ha said Cao Bang has specified about 30 projectsin different areas, including agriculture – rural development, industry,transport, trade, tourism, border economy and mineral mining, to call forinvestment in at the upcoming conference.
Also at this event, some memoranda ofunderstanding on investment cooperation are set to be signed, including theDong Dang – Tra Linh expressway project (worth 21 trillion VND), and thecomplex of Thang Hen Lake, Ban Gioc Waterfall tourism area and Phia Oac – PhiaDen area projects (worth 5 trillion VND).
Local leaders have had many meetings with bigVietnamese businesses like FLC, Sun Group, TNJ, Deo Ca, and TH True Milk topersuade them to invest in the province, and these firms have also come to CaoBang to make surveys, Ha added.-VNA
VNA
