Thai Nguyen ready for investment promotion conference
The northern province of Thai Nguyen will host an investment promotion conference in early July 2018 to introduce its potential, strengths and policies to international investors and organisations.
Song Cong Industrial Park in Thai Nguyen province (Photo: VNA)
Thai Nguyen (VNA) – Thenorthern province of Thai Nguyen will host an investment promotion conferencein early July 2018 to introduce its potential, strengths and policies to internationalinvestors and organisations.
During the event, the provincewill call for investments in four key fields and in Quyet Thang hi-techindustrial zone; Yen Binh, Song Cong I, Song Cong II industrial zones and industrialclusters.
In agriculture, the provincemapped out projects in concentrated tea growing zones, organic agriculture and large-scalepaddy fields.
While in tourism, Thai Nguyenwill appeal to investors for investment in Nui Coc lake national tourism site,the north of Tam Dao national garden, the western urban area, and Yen Binh hi-techindustrial, agricultural and service complexes.
Director of the provincialDepartment of Planning and Investment Hoang Thai Cuong said preparations forthe event has been basically completed, adding that the province has issued aportfolio of 65 priority projects in need of capital in industrial zones andclusters, agriculture, infrastructure for trade, culture, sports and tourism, transportand urban areas, health care and education.
Thai Nguyen has made a list of qualifiedinvestors for five projects worth over 3.4 trillion VND (149.7 million USD), andgranted licenses to eight projects valued at more than 1.8 trillion VND (79.3million USD).
During the conference, theprovince will sign cooperation agreements with investors on 23 projects worth morethan 12.43 trillion VND (547.8 million USD).
Lying at a strategic location inthe northern mountainous mid-land region with abundant natural resources andmodern infrastructure, the province has 7 out of 9 district-level units offeringwaive and exemption of land tax and corporate income tax.
Apart from government incentives,the province also supports investors in agricultural and hi-tech projects.
For large-scale projects, theprovince pledges to work with investors to ask for the government’s permissionto adopt preferential policy.-VNA
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Song Cong Industrial Park in Thai Nguyen province (Photo: VNA) 
