A corner of Gia Lai province - Illustrative image (Source: baodautu.vn)
HCM City (VNA) - The Central Highlands province of Gia Lai soughtinvestors for 22 projects at an investment promotion conference in Ho Chi Minh City on November 23.
The projects are in various sectors, including infrastructure, agro-forestryprocessing, building materials, consumer goods, education, culture, sport,tourism, and renewable energy.
Spread over an area of 15,500 sq.km, Gia Lai is the country’s second largestprovince and has a population of more than 1.4 million including 14 ethnicgroups.
It grows a lot of major cash crops such as coffee, rubber and pepper, and soinvestment in processing of agricultural products is required, according to Ho PhuocThanh, Director of the provincial Department of Planning and Investment.
He highlighted the province’s favourable geographic location in the centralcoast – Central Highlands region and the development triangle of Cambodia-Laos-Vietnam,including the Le Thanh international border gate adjoining Cambodia’sRatanakiri province.
The province has excellent potential in renewable energy such as solar and windpower, which has recently attracted interest from many investors, he said.
Vo Ngoc Thanh, Chairman of the provincial People’sCommittee, said this conference is organised with support from Ton Duc Thang Universityto connect Gia Lai province with scientists, businesses and local and foreigninvestors and introduce the potential and strengths of the province and callfor investment.
In recent years the province has reformed administrative procedures and publicservices to create the best conditions for investors, he said.
Besides the Government’s mechanisms and policies, the province also had its ownpolicies and mechanisms to create favourable conditions for investors andbusinesses to make long-term investment, he added.
At the conference, the province issued licences to seven projects with a totalregistered capital of over 3.3 trillion VND (141.3 million USD).
The province also signed memorandums of understanding with seven investors forinvestment of more than 5.5 trillion VND (235.67 million USD). - VNA
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A corner of Gia Lai province - Illustrative image (Source: baodautu.vn) 
