Business

Tra Vinh lures over 111 billion VND worth of investments in January

The Mekong Delta province of Tra Vinh granted approval decisions and investment licences to four projects with accumulative registered capital exceeding 111 billion VND (4.7 million USD) in January.
Tra Vinh lures over 111 billion VND worth of investments in January ảnh 1Currently, Tra Vinh has 355 valid projects, including 41 foreign-invested ones valued at 3.1 billion USD, with 2.41 billion USD funneled into a thermal power plant. (Photo: VNA)

TraVinh (VNA) – The Mekong Delta province of Tra Vinh granted approvaldecisions and investment licences to four projects with accumulative registeredcapital exceeding 111 billion VND (4.7 million USD) in January.

Thefigures represent an increase of three projects and 110 billion VND comparedwith the same period last year.

Thefour projects include a fruit and vegetable processing and preservationfacility being built by Xuan Thanh Cooperative for Agriculture, Trade,Production and Services, expanded Minh Tam General Hospital funded by Minh TamJSC, Petrolimex - CH 07 project developed by Tra Vinh One Member Co., Ltd, anda NPK fertilizer plant being built by Phuc My Chemicals and Fertilizer JSC.

Duringthe month, local leaders held working sessions with five delegations of domesticand foreign investors who came to study investment opportunities in wind power,logistics and garment-textiles.

Chairmanof the provincial People’s Committee Dong Van Lam pledged that Tra Vinh willcreate favourable conditions for investors to operate in the locality, addingthat Tra Vinh has offered incentives regarding land tax and infrastructure, andprovided support for firms in personnel training and employment.

Heemphasised that Tra Vinh has streamlined administrative procedures, helpinginvestors reduce unofficial costs and save time.

Currently,Tra Vinh has 355 valid projects, including 41 foreign-invested ones valued at3.1 billion USD, with 2.41 billion USD funneled into a thermal power plant./.
VNA
#Mekong Delta province #Tra Vinh #Minh Tam General Hospital #NPK fertilizer plant #investment opportunities #land tax #administrative procedures #Vietnam #VietnamPlus #Viet Nam News
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