Tien Giang province is becoming increasingly attractive to domestic and foreign investors (Illustrative photo: VNA) Tien Giang (VNA) - As a gateway linkingthe Mekong Delta, Ho Chi Minh City, and the southeastern region, Tien Giangprovince with its role as an important part of the southern key economic regionis becoming increasingly attractive to domestic and foreign investors.
Capital flows from non-State economic sectors playan important role in local socio-economic development. The locality has issueda number of policies to draw investment, upgrade infrastructure and stay readyto capitalise on new investment opportunities.
It also has modern roads and maritime routes, aswell as an abundant workforce with over 1.13 million at the working age.
The Prime Minister has given the green light to thezoning of seven local industrial parks covering a total area of over 2,000ha inTien Giang. The province is also home to 27 industrial clusters under planning,four of them now operational, and over 5,900 operating companies, 454 of whichare new.
Tien Giang drew 24 new projects worth over 9.5trillion VND (413 million USD) in seven months of this year, raising the totalrevenue to more than 10.3 trillion VND - 93.6 percent of the same period lastyear.
Vice Chairman of the provincial People’s CommitteePham Anh Tuan said Tien Giang has so far issued nearly 240 documents to step upadministrative reform in the fields of construction, land, investment, businessand health care, and set up a team to approve projects using non-Statecapital.
According to the provincial Department of Planningand Investment, authorities handled 99.93 percent of investment proceduresahead of schedule and 0.06 percent of others on schedule in seven months ofthis year.
The province also issued a resolution onurban-economic development for three regions till 2020 with orientations to2030.
The eastern region, including Go Cong township, GoCong Dong and Go Cong Tay districts, holds the potential for maritime economy,shipbuilding, seaports, maritime transportation, processing of aquaticproducts, tourism, and fishing logistics services.
The western region, including Cai Lay township,districts of Cai Lay, Cai Be and Tan Phuoc, is strong in food production,especially fruits in combination with farm produce processing and services, andtourism.
The central region, with My Tho city, Chau Thanhand Cho Gao districts, plays an important role in promoting socio-economicdevelopment and integration with the southern key economic region, urban areasof Ho Chi Minh City and the Mekong Delta.
Tuan said the province prioritises competitiveprojects using advanced pollution treatment technology.
Between now and the year’s end, as well as years tocome, Tien Giang will lure in projects in clean industry with high added value,mostly hi-tech aquaculture and agriculture in Tan Phuoc, Chau Thanh, Tan PhuDong districts.
It will also pitch for investment in waterwaytourism in Cai Be district, sea tourism in Go Cong Dong and Tan Phu Dongdistricts, ecological and spiritual tourism in Tan Phuoc district,finance-banking in My Tho city, and logistics in Go Cong Dong district.
Acting Director of the provincial Department ofPlanning and Investment Nguyen Dinh Thong said Tien Giang has set the goal ofattracting 30 projects worth over 11.1 trillion VND into three keyeconomic-urban regions.
Attention will be paid for supporting productionand trade, trademark building, consumption expansion, and especiallyfacilitating start-ups amid the COVID-19 pandemic.
In the first half of this year, the publicinvestment disbursement reached over 77 percent - the second highest rate nationwide.The figure is expected to hit 100 percent in late November.
This year, Tien Giang has over 5.71 trillion VND inpublic investment capital, up 37.4 percent year-on-year.
Chairman of the Management Board of the Dong GiaoFoodstuff Export JSC (DOVECO) Dinh Cao Khue said the company plans to build aplant to preserve and package fresh fruits for export, as well as a processingplant in My Phuoc commune, Tan Phuoc district, Tien Giang province with adesigned annual capacity of around 200,000 tonnes of fresh fruits and 150,000processed products./.
Capital flows from non-State economic sectors playan important role in local socio-economic development. The locality has issueda number of policies to draw investment, upgrade infrastructure and stay readyto capitalise on new investment opportunities.
It also has modern roads and maritime routes, aswell as an abundant workforce with over 1.13 million at the working age.
The Prime Minister has given the green light to thezoning of seven local industrial parks covering a total area of over 2,000ha inTien Giang. The province is also home to 27 industrial clusters under planning,four of them now operational, and over 5,900 operating companies, 454 of whichare new.
Tien Giang drew 24 new projects worth over 9.5trillion VND (413 million USD) in seven months of this year, raising the totalrevenue to more than 10.3 trillion VND - 93.6 percent of the same period lastyear.
Vice Chairman of the provincial People’s CommitteePham Anh Tuan said Tien Giang has so far issued nearly 240 documents to step upadministrative reform in the fields of construction, land, investment, businessand health care, and set up a team to approve projects using non-Statecapital.
According to the provincial Department of Planningand Investment, authorities handled 99.93 percent of investment proceduresahead of schedule and 0.06 percent of others on schedule in seven months ofthis year.
The province also issued a resolution onurban-economic development for three regions till 2020 with orientations to2030.
The eastern region, including Go Cong township, GoCong Dong and Go Cong Tay districts, holds the potential for maritime economy,shipbuilding, seaports, maritime transportation, processing of aquaticproducts, tourism, and fishing logistics services.
The western region, including Cai Lay township,districts of Cai Lay, Cai Be and Tan Phuoc, is strong in food production,especially fruits in combination with farm produce processing and services, andtourism.
The central region, with My Tho city, Chau Thanhand Cho Gao districts, plays an important role in promoting socio-economicdevelopment and integration with the southern key economic region, urban areasof Ho Chi Minh City and the Mekong Delta.
Tuan said the province prioritises competitiveprojects using advanced pollution treatment technology.
Between now and the year’s end, as well as years tocome, Tien Giang will lure in projects in clean industry with high added value,mostly hi-tech aquaculture and agriculture in Tan Phuoc, Chau Thanh, Tan PhuDong districts.
It will also pitch for investment in waterwaytourism in Cai Be district, sea tourism in Go Cong Dong and Tan Phu Dongdistricts, ecological and spiritual tourism in Tan Phuoc district,finance-banking in My Tho city, and logistics in Go Cong Dong district.
Acting Director of the provincial Department ofPlanning and Investment Nguyen Dinh Thong said Tien Giang has set the goal ofattracting 30 projects worth over 11.1 trillion VND into three keyeconomic-urban regions.
Attention will be paid for supporting productionand trade, trademark building, consumption expansion, and especiallyfacilitating start-ups amid the COVID-19 pandemic.
In the first half of this year, the publicinvestment disbursement reached over 77 percent - the second highest rate nationwide.The figure is expected to hit 100 percent in late November.
This year, Tien Giang has over 5.71 trillion VND inpublic investment capital, up 37.4 percent year-on-year.
Chairman of the Management Board of the Dong GiaoFoodstuff Export JSC (DOVECO) Dinh Cao Khue said the company plans to build aplant to preserve and package fresh fruits for export, as well as a processingplant in My Phuoc commune, Tan Phuoc district, Tien Giang province with adesigned annual capacity of around 200,000 tonnes of fresh fruits and 150,000processed products./.
VNA
