Phu Yen province's Da Dia reef in a glorious sunset (Photo: VNA) Phu Yen(VNA) – The authorities of Phu Yen province are calling for more foreigninvestors to come to seek investment opportunities in tourism and high-techagriculture at a pre-Tet meeting with foreign businesses, experts andvolunteers in on February 1.
Phan Dinh Phung, Vice Chairman of the Phu Yen People’s Committee pledged thatthe locality will provide optimal conditions for investors to carry out theirprojects effectively.
In 2017, Phu Yen received 14.5 million USD in foreign direct investment (FDI)and FDI projects created jobs for thousands of local people.
In early 2018, the province granted investment certificates to 35foreign-invested projects.
Foreign investorspresent at the meeting spoke highly of potentials and advantages owned by PhuYen, especially those in tourism, high-tech agriculture, and aquaculture.
They agreed thatinfrastructure and quality human resources are advantages offered by thelocality.
On January 19, PhuYen held an investment promotion conference in which Prime Minister Nguyen XuanPhuc asked the locality to strongly reform its mindset and be creative to havemore synchronous and effective solutions to draw investors.
The province wasadvised to improve its mechanisms and policies and ensure their openness,stability, and transparency in addition to promoting start-ups, especially ofyoung people in rural areas, while paying attention to developing localbusinesses and attracting more foreign investments.
With a strategicgeographical location, Phu Yen has a road system that is part of the nationalNorth-South route as well as railway, aviation, and sea routes. It also boastsdiverse natural resources to develop the sea-based economy, tourism, hi-techagriculture, mining, and renewable energy.
From 2011 to 2017,the province attracted 284 investment projects, including 19 FDI projects, witha total registered capital of over 4.74 billion USD and 28.67 trillion VND (1.26billion USD).-VNA
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