Taiwanese firms eye investment in Binh Duong hinh anh 1A garment factory (Source: VNA)

Binh Duong (VNA) – Several Taiwanese firms (China) plan to explore investment opportunities in the southern province of Binh Duong, according to a Taiwanese official.

During a meeting with the provincial People’s Committee on November 21, Guo You Ting, Head of the Association of Taiwanese Enterprises hailed the improved local investment climate, saying Binh Duong is an attractive destination for foreign investors.

Speaking at the event, Tran Thanh Liem, Vice Chairman of the provincial People’s Committee lauded the projects and contribution of Taiwanese firms and the association in local socio-economic development.

He updated his guests on the province’s investment attraction plans and its measures to improve the business climate, thus creating optimal conditions for enterprises.

He expressed his hope that more Taiwanese companies will invest in the province.

According to Liem, Taiwan is the province’s biggest investor, with 772 projects, worth more than 5.5 billion USD.

Construction of a Taiwanese factory producing polyester will begin on November 24 on nearly 200 hectares in Bau Bang Industrial Park, Liem said.

According to Liang Guang Zhong, Head of the Taipei Economic and Culture Office in HCM City, Taiwan is willing to work with the locality in implementing projects using official development assistance on flood prevention and waste treatment.-VNA