A conference was held on June 7 in central Quang Ngai province to introduce the region’s brimming potential to investors.
The event was co-organised by the province and the Ministry of Natural Resources and Environment.
Addressing the event, Vice Chairman of the provincial People’sCommittee, Pham Nhu So, highlighted the local comprehensive road systemas an advantage for socio-economic development.
The Dung Quat Economic Zone, covering an area of 45,000 hectares, is oneof the five key national marine economic zones, So said.
Quang Ngai is home to nearly 20 industrial zones, clusters and tradevillages with developed infrastructure facilities, according to So.
It also boasts the Dung Quat seaport, which is capable of handling100,000 DWT ships; and the Vietnam-Singapore (VSIP) Quang NgaiIndustrial-Urban-Service Complex with numerous incentives for investors,he added.
During the event, an agreement wassigned between the Vietnam Chamber of Commerce and Industry (VCCI) andthe Quang Ngai People’s Committee to strengthen support for localbusinesses.
Under the agreement, the two sideswill facilitate access to financial sources for small- and medium-sizeenterprises, and improve the local investment climate to raise businesscompetitiveness.
Trade promotion campaigns,staff training and domestic and international connections are also givenpriority among their joint efforts.
The sameday, a number of investment licences were granted to key local projects,including the first phase of the VSIP Quang Ngai urban-service zone,with total investment of 1,200 billion VND (56 million USD); the MuongThanh five star hotel and trade centre, 450 billion VND (21 millionUSD); and the Muong Thanh Ly Son hotel project, 250 billion VND (11.7million USD), among others.
Quang Ngai, by thesecond quarter this year, had housed 300 domestic and foreign projectswith total registered capital of 144 trillion VND (6.7 billion USD). Ofthese, 36 are foreign investment projects, worth more than 4 billionUSD.
The province’s GDP recorded an increase of 2.9 percent from 2013, with the average per capita income reaching 2,215 USD.
The locality also contributed more than 26 trillion VND (1.2 billion USD) to the state budget in 2014.-VNA
The event was co-organised by the province and the Ministry of Natural Resources and Environment.
Addressing the event, Vice Chairman of the provincial People’sCommittee, Pham Nhu So, highlighted the local comprehensive road systemas an advantage for socio-economic development.
The Dung Quat Economic Zone, covering an area of 45,000 hectares, is oneof the five key national marine economic zones, So said.
Quang Ngai is home to nearly 20 industrial zones, clusters and tradevillages with developed infrastructure facilities, according to So.
It also boasts the Dung Quat seaport, which is capable of handling100,000 DWT ships; and the Vietnam-Singapore (VSIP) Quang NgaiIndustrial-Urban-Service Complex with numerous incentives for investors,he added.
During the event, an agreement wassigned between the Vietnam Chamber of Commerce and Industry (VCCI) andthe Quang Ngai People’s Committee to strengthen support for localbusinesses.
Under the agreement, the two sideswill facilitate access to financial sources for small- and medium-sizeenterprises, and improve the local investment climate to raise businesscompetitiveness.
Trade promotion campaigns,staff training and domestic and international connections are also givenpriority among their joint efforts.
The sameday, a number of investment licences were granted to key local projects,including the first phase of the VSIP Quang Ngai urban-service zone,with total investment of 1,200 billion VND (56 million USD); the MuongThanh five star hotel and trade centre, 450 billion VND (21 millionUSD); and the Muong Thanh Ly Son hotel project, 250 billion VND (11.7million USD), among others.
Quang Ngai, by thesecond quarter this year, had housed 300 domestic and foreign projectswith total registered capital of 144 trillion VND (6.7 billion USD). Ofthese, 36 are foreign investment projects, worth more than 4 billionUSD.
The province’s GDP recorded an increase of 2.9 percent from 2013, with the average per capita income reaching 2,215 USD.
The locality also contributed more than 26 trillion VND (1.2 billion USD) to the state budget in 2014.-VNA
