Central province Quang Binh will call for investments worth 23.4 trillion VND (1.08 billion USD) in 35 key projects in the commerce and tourism sectors at an investment promotion conference in August.
Speaking at a meeting held in Hanoi on June 30, Tran Bac Ha, Chairman of the management board of Bank for Investment and Development of Vietnam (BIDV), said the event is aimed at drawing investors' attention to attractive and highly competitive fields such as infrastructures, industrial zones, industrial production, agriculture, as well as culture, healthcare, and education.
In addition, preferential mechanism and policies will also be introduced at the conference.
Ha said an investment of over 45 trillion VND (2.08 billion USD) was committed for the locality during last year's conference.
"The BIDV initiated the conference in 2005 as a model to connect the Government, investors and banks in investment promotion. The model had proved effective during previous conferences in the Central Highlands, North-Western region, and Central-Southern region, especially in the socio-economic development of local areas," he added.
Nguyen Huu Hoai, Chairman of the provincial People's Committee, pointed out that the province, which is located at the East-West corridor, with synchronous transport infrastructures such as seaports, airports, roads, railways and rivers, has several strengths and potential to develop tourism, forest resources, exploitation, building material processing, electricity, as well as seafood, industrial parks, and industrial zones.
Hoai added that the province has been considered one of the localities offering a positive investment environment to both domestic and foreign investors.
"We have granted investment licences to 320 projects, with total register capital worth 5 billion USD. Of this, there were 11 FDI projects with total capital reaching 107 million USD. Nearly 160 projects with 4 billion USD total register capital were disbursed," he said.-VNA
Speaking at a meeting held in Hanoi on June 30, Tran Bac Ha, Chairman of the management board of Bank for Investment and Development of Vietnam (BIDV), said the event is aimed at drawing investors' attention to attractive and highly competitive fields such as infrastructures, industrial zones, industrial production, agriculture, as well as culture, healthcare, and education.
In addition, preferential mechanism and policies will also be introduced at the conference.
Ha said an investment of over 45 trillion VND (2.08 billion USD) was committed for the locality during last year's conference.
"The BIDV initiated the conference in 2005 as a model to connect the Government, investors and banks in investment promotion. The model had proved effective during previous conferences in the Central Highlands, North-Western region, and Central-Southern region, especially in the socio-economic development of local areas," he added.
Nguyen Huu Hoai, Chairman of the provincial People's Committee, pointed out that the province, which is located at the East-West corridor, with synchronous transport infrastructures such as seaports, airports, roads, railways and rivers, has several strengths and potential to develop tourism, forest resources, exploitation, building material processing, electricity, as well as seafood, industrial parks, and industrial zones.
Hoai added that the province has been considered one of the localities offering a positive investment environment to both domestic and foreign investors.
"We have granted investment licences to 320 projects, with total register capital worth 5 billion USD. Of this, there were 11 FDI projects with total capital reaching 107 million USD. Nearly 160 projects with 4 billion USD total register capital were disbursed," he said.-VNA
