Quang Nam enhances external relations to boost development

Leaders of the central province of Quang Nam affirmed that they will continue efforts to facilitate operations of foreign organisations and enterprises in the province next year.
Leaders of the central province of Quang Nam affirmed that they willcontinue efforts to facilitate operations of foreign organisations andenterprises in the province next year.

At a New Yearget-together on December 19, Chairman of the provincial People’sCommittee Le Phuoc Thanh told representatives from foreign organisationsand enterprises operating in the locality that the province has alwaysattached importance to external relations.

According to Thanh, Quang Nam has established cooperative ties with Osanand Yongin cities of the Republic of Korea, Battambang and Siem Reapprovinces of Cambodia, Cotes d’ Armor of France and Laos’ Attapuand Champasak provinces.

He particularly noted thatthe partnership between Quang Nam and the Korean InternationalCooperation Agency (KOICA ), the Japanese International CooperationAgency (JICA), the World Bank, the Asia Development Bank has seenin-depth development through effective joint projects.

In the first 11 months of this year, Quang Nam granted investmentlicences for five new foreign direct investment (FDI) projects worth37.5 million USD, while FDI disbursement in the January-October periodstood at 57.8 million USD. In the same period, foreign-investedenterprises in the province contributed 400 billion VND (18.8 millionUSD) to the provincial budget and generated jobs for about 20,000labourers.

The province also approved 82 foreignnon-governmental projects with a total value of 200 billion VND (9.4million USD), while 42 million USD from official development assistance(ODA) sources has been disbursed in 2013.

Speaking atthe get-together, Director of Groz Beckert Vietnam Gerd Josef Tevfelsaid his company’s revenues totalled 20 million USD this year andemployed more than 700 local workers. He affirmed that the company plansto expand business next year, contributing to economic growth of thehost province.-VNA

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