Business

Thua Thien-Hue aims to attract 6 trillion VND of investment in 2017

The central province of Thua Thien-Hue has set a target of luring 20 projects to its economic zones and industrial parks with a total investment of about 6 trillion VND (272 million USD).
Thua Thien-Hue aims to attract 6 trillion VND of investment in 2017 ảnh 1Part of Phu Bai industrial park in Thua Thien-Hue (Photo: VNA)

Thua Thien-Hue (VNA) – The central province ofThua Thien-Hue has set a target of luring 20 projects to its economic zones andindustrial parks with a total investment of about 6 trillion VND (272 million USD).

To this end, the province’s Economic Zone and IndustrialPark Management Board will launch investment promotion programmes with focus onfostering partnership with investors in infrastructure as well as financiallystrong firms, said Nguyen Que, deputy head of the Board.

Que revealed that currently, the board is working with majordomestic firms including FLC Group, VinGroup, Bitexco and Viglacera, andstrengthening coordination with foreign partners including JICA, KOICA and JETROin investment promotion.

For projects being implemented in Chan May-Lang Co EconomicZone, including the second phase of the Lang Co Laguna, Minh Vien Lang Coresort and Wharf 3 in Chan May Port, the provincial authorities have beenassisting in construction process and capital disbursement.

According to Chairman of the Thua Thien-Hue People’sCommittee Nguyen Van Cao, the province has applied a number of measures to callfor more investment, including improving investment and business environmentand fixing the consequences of the sea environment incident that happened lastyear.

In the coming time, Thua Thien-Hue will also enhance thequality of business associations and trade organizations to better the connectivityamong enterprises. The province will invest over 2 trillion VND in socio-economicinfrastructure and industry development programmes in 2017.

At the same time, Thua Thien-Hue will also restructure itsvocational training system and step up administrative reform, striving toconduct over 50 percent of administrative procedures online and apply theone-stop shop model at the provincial and district administration centres, thusraising the satisfaction rate among local residents and businesses to over 80percent, said Cao.

Last year, local economic zones and industrial parksattracted 14 projects with total investment of nearly 4.9 trillion VND, bringingthe total number of projects located in their facilities to 140 worth over 63.7trillion VND. Of the projects, 36 are run by foreign investors with registeredcapital almost reaching 31 trillion VND (approximately 1.4 billion USD).-VNA
VNA
#Thua Thien-Hue #economic zones #industrial parks #investment Thua Thien-Hue
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