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Tra Vinh rolls out red carpet for investors

The Mekong Delta province of Tra Vinh has taken actions to attract more investors, especially foreign businesses.
Tra Vinh rolls out red carpet for investors ảnh 1A corner of Tra Vinh (Source: VNA)

Tra Vinh (VNA) – TheMekong Delta province of Tra Vinh has taken actions to attract more investors,especially foreign businesses.

In the first nine months of 2018,the province welcomed 60 domestic and foreign investors who came to learn aboutits investment environment, including seven foreign firms from Japan, theRepublic of Korea, China, Germany, Belgium, Russia and Thailand.

Chairman of the provincial People’sCommittee Dong Van Lam said that the province’s efforts in investmentattraction have paid off. In the reviewed period, it attracted 67 projects witha combined registered capital of over 2.16 trillion VND (92 million USD) and146.5 million USD, up 6 projects compared with the same period last year. Ofthe total, 19 projects have been put into operation.

To attract investment, Tra Vinhhas focused on speeding up administrative procedure reforms, publicizing a listof prioritised projects until 2025, carrying out preferential policies relatedto ground clearance and compensation, and supporting investors in vocationaltraining for labourers.

At present, the province iscalling for investment in 59 projects in the fields of industry andagriculture, notably a seafood processing plant with a capacity of 32,000tonnes per year in Cau Ke district, a vegetable processing plant with a capacityof 40,000 tonnes a year, a meat processing plant with a capacity of 20,000tonnes annually in Chau Thanh district and a 270MW wind power plan in Duyen Haidistrict.

Lam said that the province willcontinue stepping up investment promotion in economic and industrial zones,maintain dialogues with enterprises and investors to help them quickly solvedifficulties.-VNA
VNA

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