Quang Ninh vows to create optimal conditions for Taiwanese investors

Ha Long city of Quang Ninh province. (Photo: baoquangninh.com.vn)

Quang Ninh (VNA) – The northern province of Quang Ninh always prioritises calling for investment from and creating the most favourable conditions for investors from Taiwan (China), especially in the fields of processing, manufacturing, electronics and semiconductor industries in its industrial zones.

The statement was made by Chairman of the provincial People’s Committee Nguyen Tuong Van during an online conference on promoting investment in the province on November 9.

Shi Ruiqi, Chief Representative of the Taipei Economic - Cultural Office in Hanoi, highly appreciated the investment environment of Vietnam in general and Quang Ninh in particular, especially in the transport infrastructure system.

The online conference on promoting investment in Quang Ninh. (Photo: VNA)

He said Quang Ninh is a Vietnamese locality worth being invested in by Taiwanese enterprises, as the province has topped the Provincial Competitiveness Index (PCI) for four consecutive years, and the local authorities have taken the initiative in supporting investors.

With 16 industrial parks, three border gate economic zones and two coastal economic zones, covering a total area of 377,670 ha, Quang Ninh province eexpects to continue attracting Taiwanese investors, particularly in the processing, manufacturing, electronics and semiconductor industries.

In addition, Quang Ninh has high-quality human resources and skilled workers. In 2020, the rate of trained workers is estimated at 85 percent, much higher than the country's average rate of about 65 percent.

Taiwan has run more than 2,800 investment projects worth over 35 billion USD, ranking fourth among countries and territories pouring capital into Vietnam. There are currently 10 Taiwanese-invested projects worth 138.48 million USD in Quang Ninh province./.

VNA