Business

Singaporean businesses explore investment opportunity in Hau Giang

Officials of the Mekong Delta province of Hau Giang held a working session on September 26 with representatives from Singaporean businesses, which are exploring investment opportunities in some areas of the locality.

Chairman of the provincial People's Committee Dong Van Thanh ( first, right) is with representatives from Singaporean businesses. (Photo: VNA)
Chairman of the provincial People's Committee Dong Van Thanh ( first, right) is with representatives from Singaporean businesses. (Photo: VNA)

Hau Giang (VNA) – Officials of the Mekong Delta province of Hau Giang held a working session on September 26 with representatives from Singaporean businesses, which are exploring investment opportunities in some areas of the locality.

Chairman of the provincial People's Committee Dong Van Thanh briefed participants on the environmental conditions, transportation and infrastructure advantages, and investment attraction policies of Hau Giang, saying that in addition to industrial parks and hi-tech agricultural areas, the locality has a 28.5-ha digital technology zone which is already operational.

Provincial authorities are always ready to collaborate with Singaporean businesses to develop investment projects, and committed to accompanying businesses, viewing their success as the province's. The goal is to work hard to help incoming businesses overcome challenges in implementing their projects, he affirmed.

Representatives of Singaporean businesses mentioned their strengths and investment interests in terms of wastewater and medical waste treatment, aquaculture water treatment, agricultural product exports, video game programming, and solar energy.

They also expressed interest in the province's digital technology zone, hi-tech agricultural area, and fruit-growing regions, saying that they hope to connect with other enterprises that are looking to invest in Hau Giang.

Representatives of Hau Giang’s departments and sectors and Singaporean businesses exchanged information related to investment attraction policies in the areas of their interest.

Accordingly, in the digital technology zone, in addition to tax and land rental incentives, local authorities also offer incentives regarding telecommunications services.

For projects related to agriculture, businesses can implement models on farmers' fields. The province also calls for cooperation in producing high-quality rice linked to low emissions, planting fruit crops, and developing green agriculture, circular agriculture, and multi-value and climate change adaptation agriculture.

Regarding solar power projects, the government has tasked the Ministry of Industry and Trade with developing incentives for investors in the field. Leaders of the provincial departments and sectors have committed to actively supporting businesses to implement their projects in the most effective manner./.

VNA
#Hau Giang #Singapore #business #investment projects #wastewater treatment #medical waste treatment Hau Giang
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