Business

Northern port city calls for more Taiwanese investment

Head of the Hai Phong Economic Zone Authority (HEZA) Le Trung Kien on July 26 expressed his hope that investors from Taiwan (China) will increase their investments in the northern port city, especially in the areas where Taiwan has strengths.
Northern port city calls for more Taiwanese investment ảnh 1At the working session. (Photo: VNA)
Hai Phong (VNA) – Head of the Hai Phong EconomicZone Authority (HEZA) Le Trung Kien on July 26 expressed his hope thatinvestors from Taiwan (China) will increase their investments in the northern portcity, especially in the areas where Taiwan has strengths.

At a working session with representatives from Taiwan’sinvestment funds and businesses, Kien said Lach Huyen InternationalContainer Port, and Xuan Cau Industrial Park and Free Trade Zone are amongthe key investment and development destinations in Hai Phong.

The city is making efforts to mobilise all resources fora synchronous transport infrastructure system, he said, calling on the Taiwanesedelegation to help with the opening of an air route from Cat Bi airport to Taipeior Kaohsiung.

He also suggested Taiwanese investors who have been operatingin Hai Phong to continue building an ecosystem and expanding their productionchains towards local enterprises, while stepping up technology transfer.

Kien hoped that the delegation will supportthe city in calling on Taiwanese educational institutions to roll outeducation-training projects in Hai Phong, and enhance cooperation with localuniversities in high-quality personnel training.

For the Xuan Cau Industrial Park and Free Trade Zone,Hai Phong will support the implementation of projects as much as possible,aiming to turn the area into a centre of logistics, goods distribution andproduction that meets international standards, he pledged.

Currently, Hai Phong is home to 30 Taiwanese projects in industrial and economic zones with total investment capital of 1.68 billion USD, mainly specialising inelectricity, electronics, plastics, packaging and chemicals.

At the meeting, the Taiwanese side lauded the strong developmentand great potential of Hai Phong, and suggested the city pay more attention to investing in transport infrastructure, especially expressways, railway and air routes, andutilise cutting-edge technologies in managing the deep-water port and freetrade areas./.
VNA
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