Quang Binh targets 1 billion USD in FDI
The central province of Quang Binh has set goals of luring 600-800 million USD in foreign direct investment (FDI) from 2021-25 and 1-1.2 billion for the five years following.
Quang Binh is dubbed the king of caves (Photo: VNA)Hanoi (VNA) – The central province of Quang Binh has set goals of luring 600-800 million USD in foreign direct investment (FDI) from 2021-25 and 1-1.2 billion for the five years following.
These targets follow a plan to fine-tune investment policies and improve FDI inflow into the province until 2030, approved by the provincial Party Committee.
Top priority will be given to large-scale projects in the province’s key industries such as manufacturing and processing, hi-tech farming, renewable energy, tourism and services.
Earlier, the province published a list of 48 projects calling for investment for the 2018-20 period, with an expected amount to up to 50 trillion VND. These projects mainly focused on tourism, trade and services, industry, agriculture, education and healthcare.
Improved infrastructure, incentive policies and natural advantages have made the province a new investment magnet./.
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