Prime Minister Nguyen Tan Dung has urged the northern coastal province of Quang Ninh to maximise its resources, develop infrastructure in a synchronised and modern manner, and improve the investment environment to draw more domestic and foreign investors.

At an investment promotion conference, jointly held by the provincial People’s Committee and the Ministry of Planning and Investment in Quang Ninh on Feb. 24, PM Dung said that Quang Ninh plays a leading role in regional development as it has both geographical and economic advantages along with mineral resources and popular cultural and natural heritages.

Dung asked the province to proactively integrate into the world, effectively implementing the “Two corridors, one Vietnam – China economic belt” cooperative programme and paying attention to developing border trade.

He also requested the province to turn Mong Cai into a modern international border gate to develop the coastal economic belt linking Quang Ninh and Red River Delta provinces and China’s Guangxi province, as well as strongly promote trade, investment and tourism between Vietnam and China, and between Vietnam and ASEAN countries for mutual benefit and development.

The Vietnamese Government will continue improving the investment environment, especially maintaining macroeconomic stability and a reasonable growth rate, bringing inflation under 10 percent this year and lower in the following years, and create favourable conditions for investors to work long-term in Vietnam, Dung said.

At the event, participants sought investment opportunities in the province and put forward policies for inter-provincial development, contributing to drawing maximum resources for the national socio-economic development effort.

The province also introduced investors to nearly 20 FDI projects in the fields of tourism and entertainment services, seaport, logistic system, wholesale trade, infrastructure and training.

Noteworthy among infrastructure projects was Hai Ha seaport industrial zone, worth over 3 billion USD, a non-tariff area and green industrial park in Van Don economic zone worth nearly 1.5 billion USD and Van Dong international airport worth about 1.2 billion USD.

Concluding the event, the provincial People’s Committee signed cooperative agreements with domestic and foreign businesses in the fields of transport infrastructure, seaport construction, tourism and healthcare.

The provincial leader also presented investment licenses to a wheat flour mill worth 47 million USD, Hoanh Bo industrial zone worth 182 million USD and a tourism complex worth 42 million USD.-VNA