The northern province of Nam Dinh is seeking investments of more than 4billion USD in 21 key projects, according to the province’s InvestmentPromotion and Business Support Centre (IPBSC).
The two biggestprojects, the development of the Ninh Co economic hub and theconstruction of the Thinh Long sea port, foresee investments of 1billion USD each.
Additionally, the project to revive thefailing Rang Dong textile industrial park requires a foreign directinvestment of 100 million USD, which would create jobs for 200,000workers once implemented.
Moreover, investments are needed in theproduction of spare parts, electronic goods and agricultural machinery,as well as in high-tech aquaculture, automobile assembly, andinfrastructure improvement projects in My Thuan, Hong Tien and My Trungindustrial parks, and in Thinh Long port.
At present, theprovince is hoping to conclude negotiations on the Hai Hau thermal powerplant project, which foresees an investment of 4.5 billion USD.
TheBOT (build-operate-transfer) power station is estimated to generate 25billion USD from selling electricity over 25 years of operation.Construction is scheduled to start next year.
According to theIPBSC, foreign direct investment in Nam Dinh soared in recent years dueto the province’s efforts to invest in transport infrastructure;introduce preferential policies on land, tariffs, site clearance, andworkforce training; and accelerate reforms of administrative procedureswith a view to creating prime conditions for investors.
During the first nine months of 2014, the province licensed nineprojects with a total investment capital of 130 million USD.-VNA
The two biggestprojects, the development of the Ninh Co economic hub and theconstruction of the Thinh Long sea port, foresee investments of 1billion USD each.
Additionally, the project to revive thefailing Rang Dong textile industrial park requires a foreign directinvestment of 100 million USD, which would create jobs for 200,000workers once implemented.
Moreover, investments are needed in theproduction of spare parts, electronic goods and agricultural machinery,as well as in high-tech aquaculture, automobile assembly, andinfrastructure improvement projects in My Thuan, Hong Tien and My Trungindustrial parks, and in Thinh Long port.
At present, theprovince is hoping to conclude negotiations on the Hai Hau thermal powerplant project, which foresees an investment of 4.5 billion USD.
TheBOT (build-operate-transfer) power station is estimated to generate 25billion USD from selling electricity over 25 years of operation.Construction is scheduled to start next year.
According to theIPBSC, foreign direct investment in Nam Dinh soared in recent years dueto the province’s efforts to invest in transport infrastructure;introduce preferential policies on land, tariffs, site clearance, andworkforce training; and accelerate reforms of administrative procedureswith a view to creating prime conditions for investors.
During the first nine months of 2014, the province licensed nineprojects with a total investment capital of 130 million USD.-VNA
