Thai Nguyen advised to improve investment environment
Minister of Planning and Investment Nguyen Chi Dung on August 20 advised the northern province of Thai Nguyen to create a better environment in order to attract more investors, as well as pay more attention to regional connectivity to provide mutual support.
Thai Nguyen (VNA) – Minister of Planning and Investment Nguyen ChiDung on August 20 advised the northern province of Thai Nguyen to create abetter environment in order to attract more investors, as well as pay moreattention to regional connectivity to provide mutual support.
The Minster told this to provincial leaders, given thecontext that the province is the centre of the northern mountainous region, andthe third biggest training centre of Vietnam.
Together with speeding up industrial development, ThaiNguyen should also invest in infrastructure, social welfare, and education tobenefit workers and other locals, he suggested.
It is also necessary to continue investing in agricultureand stepping up agricultural restructuring, he added.
The minister asked the locality to work with the Republic ofKorea’s Samsung, a big investor in Thai Nguyen, to find out an appropriatedevelopment strategy that can make full of their assistance.
Chairman of the provincial People’s Committee Vu Hong Bacshared with the minister that the province’s investment portfolio is becoming moreopen and transparent.
The locality now has over 6,000 enterprises with a totalcapital of over 80 trillion VND (3.44 billion USD), and 130 FDI projects worth7.3 billion USD.
Back in July, an investment promotion conference in theprovince saw the approval of 38 investors to pour 46.7 trillion VND (2 billionUSD) into 50 projects.
In 2019, Thai Nguyen will maintain economic restructuring ina synchronous and comprehensive manner; continue boosting economic growth; andincreasing labour productivity and ensuring social welfare, Bac stated.
He told the Minister that the province strives for a grossregional domestic product (GRDP) of 9 percent, per capita income of 80 millionVND, a reduction of 1.8 percent in the poverty rate, and an increase of 4percent in the production value of the agro-fishery-forestry sector next year.–VNA
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