The central province of Nghe An hopes to attract at least 75 investment projects with a total registered capital of about 12 trillion VND (about 560 million USD) this year, a provincial official revealed on February 7.

To realise the target, the province will do more to improve its investment climate and provincial competitiveness index, accelerate administrative reforms and complete infrastructure facilities while more heavily promoting its potential, Vice Chairman of the Nghe An People’s Committee Huynh Thanh Dien explained.

In its investment attraction strategy for 2014, Nghe An is seeking to win investment in high technology, new material production, health care, pharmaceuticals, information technology, beverages, industrial zone infrastructure, education and vocational training, Dien said.

Nghe An is currently home to 627 valid projects, including 588 domestically invested ones worth nearly 110 trillion VND and 39 foreign-funded ones worth 1.49 billion USD.

The projects are all operating smoothly, Dien said. They have generated jobs for local people and increased budged revenues, while helping attract funds for other projects in the locality, he added.-VNA