Soc Trang seeks stronger investment from Indian firms
Indian Ambassador to Vietnam Parvathaneni Harish led a delegation to the Mekong Delta province of Soc Trang on February 21 to learn about investment opportunities in the locality.
Indian Ambassador to Vietnam Parvathaneni Harish speaks at the ceremony to put Chua Moi bridge into operation (Source: VNA)Soc Trang (VNA) – Indian Ambassador to Vietnam Parvathaneni Harish led a delegation to the Mekong Delta province of Soc Trang on February 21 to learn about investment opportunities in the locality.
During a reception for the guests, Chairman of the provincial People’s Committee Tran Van Chuyen briefed the delegation on the social-economic development, strengths, and potential of the locality.
Chuyen said that Soc Trang is calling for investment in the fields of wind and solar power, tourism, and high-tech agriculture.
He noted that many Indian firms such as Tata Power, Suzlon Energy, and Adani have sought to invest in the Long Phu 2 thermal power plant in Soc Trang, adding that Adani is planning to continue investing in the project with a total capital of over 2 billion USD.
He expressed his hope that the Indian Embassy would pay attention to encouraging Indian enterprises to expand their investment in the locality in the time to come.
For his part, the Indian Ambassador pledged that he will do his utmost to promote the Indian government and investors’ cooperation with Soc Trang in researching and developing technology and energy, training human resources, healthcare, and telecommunications. He also committed to enhancing the provision of official development assistance (ODA) for the Vietnamese locality.
The embassy will pay heed to calling for Indian firms to invest in Soc Trang, especially in low-price automobile manufacturing, IT, mechanicals for industry, and electrical technology.
Earlier the same day, the ambassador attended a ceremony to put Chua Moi bridge into operation in Chau Thanh district, which was built with the funding of 50,000 USD from India’s Quick Impact Projects (QIPs) fund. –VNA
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