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Khanh Hoa promotes cooperation with Indian businesses

The leader of the south-central province of Khanh Hoa called on Indian investors to explore its potential and strengths and the cooperation opportunities available in localities during an online conference to promote cooperation between the two sides on March 25.
Khanh Hoa promotes cooperation with Indian businesses ảnh 1Chairman of the Khanh Hoa People’s Committee Nguyen Tan Tuan addresses the conference (Photo: VNA)
Khanh Hoa (VNA) - The leader of the south-centralprovince of Khanh Hoa called on Indian investors to explore its potential and strengthsand the cooperation opportunities available in localities during an onlineconference to promote cooperation between the two sides on March 25.

Speaking at the event, which was part of activities torealise the Vietnam-India Joint Vision on peace, prosperity, and people,reached by the Prime Ministers of the two countries on December 21, 2020, Chairmanof the Khanh Hoa People’s Committee Nguyen Tan Tuan said the province boasts abundantadvantages in natural landscapes and resources.

Khanh Hoa lies on a strategic location and is a gateway to the East Sea, he added.

For his part, Indian Ambassador to Vietnam PranayVerma noted that as of last year, India had 294 projects in Vietnam with totalinvestment of 898 million USD, mostly in the fields of energy, naturalresources exploration, agricultural product processing, and coffee, sugar, and teaproduction.

At the same time, Vietnamese businesses had alsoinvested about 29 million USD in the sectors of pharmaceuticals, IT, chemicals,and construction materials in India.

He said these figures should move upwards, adding thatthe natural landscapes and cultural diversity in Khanh Hoa could appeal to Indianvisitors.

Vietnamese Ambassador to India Pham Sanh Chauhighlighted India’s strengths that Khanh Hoa businesses could explore further,including infrastructure building, solar energy, IT, water resources managementand use, and heritage conservation.

The Indian side underlined the country’s fieldsof strength, such as aquatic processing, water resources management, and wastemanagement.

Khanh Hoa businesses also introduced cooperation opportunitiesin local economic, trade, and investment, especially in manufacturing,electronics, construction materials, home appliances, supportingindustries, and shipbuilding and repair and warehousing at the Ninh Thuy IndustrialPark (IP), one of the large IPs in the Van Phong Economic Zone.

India’s tourism sector and tourism cooperationopportunities were also explored./.
VNA

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