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Vinh Long working hard to attract investment

The Mekong Delta province of Vinh Long is applying itself to attracting investment this year, especially in urban development, trade, high-quality agriculture, the processing industry, and tourism services.
Vinh Long working hard to attract investment ảnh 1A garment factory invested by the Republic of Korea in Hoa Phu Industrial Park of Vinh Long province (Photo: VNA)
Vinh Long (VNA) - The Mekong Deltaprovince of Vinh Long is applying itself to attracting investment this year,especially in urban development, trade, high-quality agriculture, the processingindustry, and tourism services.

Le Minh Tan, Director of the province’sinvestment promotion and enterprise support centre, said Vinh Long is invitinginvestment in 10 key projects in different fields, including the Binh TanIndustrial Park project worth some 2.9 trillion VND (125.8 million USD), anurban area development project worth 7.5 trillion VND, and an agriculturalproduction and processing project worth 400 billion VND in Binh Minh town.

To improve the quality and effectiveness offoreign investment, it is working to attract strategic investors from potentialmarkets like Japan, the Republic of Korea, Taiwan (China), Singapore, andthe EU.

The RoK now has 18 investment projects worthnearly 90 million USD in Vinh Long, Japan eight worth 102.5 million USD, andTaiwan (China) 11 worth some 239.2 million USD.

The province also targets major projects andthose that have high added value and use advanced and environmentally-friendlytechnology, he added, especially agriculture-based industrial development,high-quality human resources training, and agricultural tourism.

Local authorities will constantly create optimalconditions for investors to access key projects and learn about incentiveswhile helping them address obstacles to project implementation, he added.

Vinh Long granted in principle approval andinvestment certificates to 26 projects with total registered capital of nearly4.35 trillion VND and over 104 million USD, including six FDI projects, lastyear./.
VNA
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