Nghe An, (VNA) – Prime Minister Nguyen Xuan Phuc on February 23 attended aconference of investors in the central province of Nghe An on the occasion ofthe beginning of the Year of the Pig, which was held by the Vietnam Bank forInvestment and Development (BIDV) in coordination with Nghe An authorities.
 
Addressing the conference,PM Phuc expressed joy at the economic growth of Nghe An in recent years and sharedthe participants’ trust in a bright future of the province. Stressing the province’srole, he pointed to its limitations such as a lack of high-quality humanresources and low per capita income.  

The PM urgedNghe An to work harder to improve the business and investment environment,reform administrative reforms and create the best possible conditions forinvestors. At the same time, he asked the investors not to give up when facingdifficulties, adding that the value of their investment is not only how muchmoney but also intangible value like people’s trust and welcome.  

 PMPhuc assigned ministries and agencies to continue create favourable conditionsin terms of mechanisms and policies for Nghe An to attract investment and driveforward socio-economic development.

On his part,Chairman of Nghe An province People’s Committee Thai Thanh Quy said the organizationof annual investors’ meetings has helped the province attract 150 projectsworth a total of more than 89 trillion VND (over 3.8 billion USD) since 2014,of which 129 projects have been and are being implemented on schedule.   

 Theinvestors have contributed to creating strong drivers for Nghe An’s growth inthe past time, he said, affirming the province’s commitment to servinginvestors in the spirit of a growth facilitating and service administration.

 Specifically,in 2019, Nghe An will streamline investment procedures to cut the needed timeby half, apply information technology to keep control of all data aboutinvestment projects in the province, and strive for equality in treatment ofall investors, particularly in access to land.

 Atthe conference, Nghe An officials presented decisions approving investmentproposals and investment licences to several projects, signed memoranda ofunderstanding and agreements on investment cooperation, and awarded firms andinvestors with outstanding performance in investment last year.

 Onthe sidelines of the conference, there were several important activitiesincluding a working session between PM Phuc and a number of economic groups, andthe inauguration of two key investment projects, namely the 1.17 trillion VND purifiedwater, herbal, and fruit juice processing plant of TH Group and the 570 billion VND petrolstorage facility invested by Thien Minh Duc group. -VNA