Tra Vinh province seeks more foreign investment

Completing mechanisms and management policies is among the Mekong Delta province of Tra Vinh’s efforts to lure more foreign investors and improve the quality of foreign direct investment in the locality.
Tra Vinh province seeks more foreign investment ảnh 1Boasting a coastline of 65 kilometres, Tra Vinh province has huge potential to develop the marine economy.(Photo: baodautu.vn)

Tra Vinh (VNA) – Completing mechanisms andmanagement policies is among the Mekong Delta province of Tra Vinh’s efforts tolure more foreign investors and improve the quality of foreign directinvestment in the locality.

The province is striving to attract some 1.1 billion USD in foreign direct investmentduring 2021-2025 and 1.7 billion USD for the 2026-2030 period.

Along with renewing investment promotion methods and enhancing the efficiencyof state management over foreign investment, the province has outlined specialinvestment attraction plans to draw strategic investors.

Besides, the province has paid due attention to improving administrativeprocedures as well as creating favourable conditions for foreign firms to studythe local business climate. Furthermore, land clearance and infrastructuredevelopment have been also put in focus.

Boasting a coastline of 65 kilometres, Tra Vinh province has huge potential todevelop the marine economy.

Currently, the province has 350 valid projects, including 41 foreign-investedprojects valued 3.1 billion USD, and 309 domestic projects with totalregistered capital of over 106 trillion VND (4.57 billion USD)./.
VNA

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