Central Nghe An province has granted licences to 49 new foreign-invested projects with a total investment of over 6.8 trillion VND (315.7 million USD) during the first four months of 2015, said the provincial Department of Planning and Investment.

Eight other projects also received the local authority’s nod to add a combined 237.1 billion VND (11 million USD) to their investment capital.

Nghe An province has increased its effort to lure more foreign investments by not only preferential policies but also timely support to help investors solve difficulties, notably in public administration, land clearance and planning.

From 2015 onwards, the locality will focus on land clearance for key projects, including the Vietnam-Singapore Industrial Park 6 (VSIP6), Vinh - Cua Lo Avenue, General Hospital and Tuan Loc Industrial Park.

The province has enhanced coordination with the Foreign Investment Agency and foreign investment promotion bodies, for example the Korea Trade-Investment Promotion Agency (KOTRA) and Japan External Trade Organisation (JETRO) in order to improve efficiency of its investment promotion efforts.-VNA