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Tra Vinh lures 50 projects in nine months

The Mekong Delta province of Tra Vinh lured 50 investment projects in the first nine months of this year, including 47 domestically-invested projects worth over 6.2 trillion VND and three foreign-invested ones with a combined capital of more than 100.4 million USD.
Tra Vinh lures 50 projects in nine months ảnh 1Cocoa processing at Cacao Mekong company in Tra Vinh (Source: //travinhtv.vn)

Tra Vinh (VNA) – The Mekong Delta province of Tra Vinhlured 50 investment projects in the first nine months of this year, including47 domestically-invested projects worth over 6.2 trillion VND and threeforeign-invested ones with a combined capital of more than 100.4 million USD.

According to Chairman of the provincial People’s CommitteeDong Van Lam, since early 2019, the committee has planned to improve the localinvestment environment to make it more transparent and favourable for investors.

The committee has directed local authorized agencies and localitiesto focus on reforming administrative procedures, while advising the committeeon the adjustment and supplementation of preferential mechanisms and policiesto lure more investors, he said.

It also asked for the implementation of more drastic measuresto improve the provincial competitiveness index, he added.

At the same time, the province has accelerated the formationof four industrial clusters, namely Sa Binh in Tra Vinh city, Tan Ngai in Chau Thanhdistrict, Phu Can in Tieu Can district, and Hiep My Tay in Cau Ngang district.

Total area of the four clusters is nearly 144 hectares.Currently, the province is carrying out ground clearance and calling forinvestment in them.

Lam said thatthe province’s nine-month investment attractionsaw good results as it lured large-scale projects and those in prioritizedsectors, especially agriculture and rural areas.

Currently, Tra Vinh is now home to 344 valid projects,including 41 foreign-invested ones with a total capital of nearly 3.1 billion USD./.
VNA

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