Ten investment agreements worth a total of 9.6 trillion VND (457 million USD) were signed at a meeting between leaders of the central province of Nghe An and investors in mid February.
In the meeting, the province granted investment licences to two projects with the total capital of 513 billion VND (24.6 million USD)
Also at this annual meeting, the Bank for Investment and Development of Vietnam committed 15 billion VND (720,000 USD) to build a new model urban area in Nam Dan district.
The bank also promised 500 million VND (23,800 USD) to support Nghi Xuan commune of Nghi Loc district to develop the education sector.
In addition, the bank pledged to lend nearly 3.1 trillion VND (148.7 million USD) to enterprises who are doing business in Nghe An province.
Deputy Prime Minister Hoang Trung Hai said enterprises and companies must focus on quality of their projects.
He also stressed that Nghe An province, local enterprises and investors should support each other to achieve a rapid and stable development.
Hung added that the province has the human resources and needs to attract more investors. However, the province must develop infrastructure as well as create new services to support projects such as banking, telcos, health care and educational services.
The meeting between investors and the provincial leaders is an annual event, held to review signed projects and find new solutions to solving difficulties as well as introducing new projects.
Through these meetings, the province has granted investment certificates to 287 projects, worth 99.3 trillion VND (4.7 billion USD) from 2006-10.
Last year, provincial industrial production value reached 8.5 trillion VND (405 million USD), an year-on-year increase of 19.51 percent./.
In the meeting, the province granted investment licences to two projects with the total capital of 513 billion VND (24.6 million USD)
Also at this annual meeting, the Bank for Investment and Development of Vietnam committed 15 billion VND (720,000 USD) to build a new model urban area in Nam Dan district.
The bank also promised 500 million VND (23,800 USD) to support Nghi Xuan commune of Nghi Loc district to develop the education sector.
In addition, the bank pledged to lend nearly 3.1 trillion VND (148.7 million USD) to enterprises who are doing business in Nghe An province.
Deputy Prime Minister Hoang Trung Hai said enterprises and companies must focus on quality of their projects.
He also stressed that Nghe An province, local enterprises and investors should support each other to achieve a rapid and stable development.
Hung added that the province has the human resources and needs to attract more investors. However, the province must develop infrastructure as well as create new services to support projects such as banking, telcos, health care and educational services.
The meeting between investors and the provincial leaders is an annual event, held to review signed projects and find new solutions to solving difficulties as well as introducing new projects.
Through these meetings, the province has granted investment certificates to 287 projects, worth 99.3 trillion VND (4.7 billion USD) from 2006-10.
Last year, provincial industrial production value reached 8.5 trillion VND (405 million USD), an year-on-year increase of 19.51 percent./.
