The central province of Quang Binh is seeking nearly 4 billion USD for40 projects in highly competitive areas during 2014-15, officials said.
Nguyen Huu Hoai, the province chairman said the areasinclude infrastructure, especially in industrial zones, tourism,industrial production, and agriculture. The province is also looking forinvestment in culture, healthcare, and education sectors, he said.
Theprovince has called for investment in two key infrastructure projects,such as Bao Ninh and Phu Hai Urban Areas with a capital investment of atleast 1.1 trillion VND (52.3 million USD).There are 9 tourism-relatedprojects, including Phong Nha-Ke Bang, Da Nhay-Ba Trai tourism complex,and Dong Hoi golf course.
In the industrial area, theprovince have been looking for investment in 17 projects, including theQuang Trach 2 Thermal Power Plant with a 1,200MW capacity in the Hon LaEconomic Zone with an investment of 1.3 billion USD and a 20-hectareauto assembling factory with an investment of 500 million USD.
The wholly foreign-invested Hon La Port and oil pipeline project to Laos has an investment of 200 million USD.
Addressinga conference of potential investors in Hanoi on March 19, Hoai remarkedthat the province has been considered as one of the destinations havinga favourable business environment for both domestic and foreigninvestors in Vietnam. The event jointly held by the province and theBank for Development and Investment of Vietnam was part of itspreparation for the upcoming conference to promote investment in theprovince earlier next month.
"The Quang Binh province hasreceived 267 registered projects with a total investment of 100 trillionVND (4.76 billion USD), of which 158 projects have been underimplementation with a registered capital of 78.9 trillion VND (3.75billion USD)," Hoai added.
He reported that the provincehas announced special preferential policies for attracting investment.The important policies initiated by the province were related to taxeson land use right, land and water rentals and corporate income tax.
"Inaddition, the province will also initiate other policies to assistinvestors, such as labour training costs, land clearance, and technicalinfrastructure," he noted.
Dang Minh Truong, the generaldirector of Sungroup that specialises in tourism and real estate claimedthat the province has a lot of unexplored potential.
Truongstated that the group plans to invest in some tourism projects in theprovince while seeking commitments from the province in resolvingpossible issues relating to procedures and land clearance.-VNA
HoangAnh Tung, the project development director of Vietjet Air reported thatthis year, the carrier will buy seven new aircraft, thereby bringingthe total to 18.
"We plan to open new routes this year tofully utilise the new aircraft. We expect to receive support from theprovince as we will open the Ho Chi Minh City-Quang Binh route thisyear," Tung remarked, adding that the route will promote tourism in theprovince.
Luong Ngoc Binh, the provincial People'sCommittee chairman noted that Quang Binh is committed to quicklyresolving the difficulties faced by investors in order to acceleratetheir projects./
Nguyen Huu Hoai, the province chairman said the areasinclude infrastructure, especially in industrial zones, tourism,industrial production, and agriculture. The province is also looking forinvestment in culture, healthcare, and education sectors, he said.
Theprovince has called for investment in two key infrastructure projects,such as Bao Ninh and Phu Hai Urban Areas with a capital investment of atleast 1.1 trillion VND (52.3 million USD).There are 9 tourism-relatedprojects, including Phong Nha-Ke Bang, Da Nhay-Ba Trai tourism complex,and Dong Hoi golf course.
In the industrial area, theprovince have been looking for investment in 17 projects, including theQuang Trach 2 Thermal Power Plant with a 1,200MW capacity in the Hon LaEconomic Zone with an investment of 1.3 billion USD and a 20-hectareauto assembling factory with an investment of 500 million USD.
The wholly foreign-invested Hon La Port and oil pipeline project to Laos has an investment of 200 million USD.
Addressinga conference of potential investors in Hanoi on March 19, Hoai remarkedthat the province has been considered as one of the destinations havinga favourable business environment for both domestic and foreigninvestors in Vietnam. The event jointly held by the province and theBank for Development and Investment of Vietnam was part of itspreparation for the upcoming conference to promote investment in theprovince earlier next month.
"The Quang Binh province hasreceived 267 registered projects with a total investment of 100 trillionVND (4.76 billion USD), of which 158 projects have been underimplementation with a registered capital of 78.9 trillion VND (3.75billion USD)," Hoai added.
He reported that the provincehas announced special preferential policies for attracting investment.The important policies initiated by the province were related to taxeson land use right, land and water rentals and corporate income tax.
"Inaddition, the province will also initiate other policies to assistinvestors, such as labour training costs, land clearance, and technicalinfrastructure," he noted.
Dang Minh Truong, the generaldirector of Sungroup that specialises in tourism and real estate claimedthat the province has a lot of unexplored potential.
Truongstated that the group plans to invest in some tourism projects in theprovince while seeking commitments from the province in resolvingpossible issues relating to procedures and land clearance.-VNA
HoangAnh Tung, the project development director of Vietjet Air reported thatthis year, the carrier will buy seven new aircraft, thereby bringingthe total to 18.
"We plan to open new routes this year tofully utilise the new aircraft. We expect to receive support from theprovince as we will open the Ho Chi Minh City-Quang Binh route thisyear," Tung remarked, adding that the route will promote tourism in theprovince.
Luong Ngoc Binh, the provincial People'sCommittee chairman noted that Quang Binh is committed to quicklyresolving the difficulties faced by investors in order to acceleratetheir projects./
