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Tra Vinh draws 26 investment projects in Q1

The Mekong Delta province of Tra Vinh attracted 26 investment projects worth over 407 billion VND in the first three months of 2018, up 18 projects against the same period last year.
Tra Vinh draws 26 investment projects in Q1 ảnh 1A corner of Tra Vinh city (Source: VNA)

Tra Vinh (VNA) – The Mekong Delta province of Tra Vinh attracted26 investment projects worth over 407 billion VND in the first three months of2018, up 18 projects against the same period last year.

According to the provincial Department of Planning and Investment, five out of thenewly-invested projects have become operational. Most of the projects operate inagricultural production, aquaculture, tourism, and textiles, which are among thelocality’s investment incentives.

Vice Director of the department Vuong Hai Khoa said to create breakthroughs ineconomic development, the locality has paid special attention to promotingindustrial development and investment attraction.

It has also focused on simplifying administrative procedures and implementing manypreferential policies on land, technical infrastructure and human resourcestraining, and trade promotion.

The 2017 Provincial CompetitivenessIndex of Tra Vinh was upfive levels compared to 2016, ranking 37th among 63 provinces andcities nationwide.

Statistics show that Tra Vinh is home to 38 foreign-invested projects worth 3.1billion USD, and 204 domestic ones with total investment of nearly 101 trillionVND (4.43 billion USD).

The investment projects have helped generate jobs for a large number of rural labourers,and consume agro-aquaculture products of the locality. -VNA
VNA
#Tra Vinh #investment project #agricultural production #investment incentives #industrial development #preferential policies #Provincial Competitiveness Index #agro-aquaculture products #vietnamplus #Vietnam News #Vietnam News Agency
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