Workers at Taiwan-invested My Phong footware company of Tra Vinh province. (Source: VNA) Tra Vinh (VNA) - The Mekong Delta province of Tra Vinh has set to attract about 59trillion VND (2.6 billion USD) of investment in the 2016-2020 period, said aprovincial official.
Tran Anh Dung, Vice Chairman of the provincial People’sCommittee, said that the province expects 960 billion VND from Statebusinesses, 49.56 trillion VND from private enterprises and 8.4 trillion VNDfrom foreign direct investment (FDI) sector.
To fulfill the target, the locality will apply a number ofmeasures, including fostering connection between authorities and businesses ininvestment promotion and calling for investment in transport, economic andindustrial zone infrastructure.
Tra Vinh will review and build support and preferentialpolicies for investors, while creating a smooth, transparent and competitive investmentenvironment and speeding up the administrative reform, he said.
At the same time, it will create all favourable conditionsfor businesses to access capital and land, while implementing support policiesfor both enterprises and individuals during their investment and ensuringsocial security and order in the locality.
Tra Vinh will also make public its land fund, detail planning,and prioritised projects to encourage investment, said Dung.
Meanwhile, the province will improve the quality of trainingfor labourers, especially those in rural areas, in addition to enhancing localofficials’ capacity, he added.
So far, Tra Vinh has attracted 48 projects with a totalregistered capital of more than 151 trillion VND (6.6 billion USD), including16 FDI projects worth over 2.88 billion USD. Investors in Tra Vinh are mostlyfrom Malaysia, the Republic of Korea,Japan, Canada and Taiwan(China).-VNA
Tran Anh Dung, Vice Chairman of the provincial People’sCommittee, said that the province expects 960 billion VND from Statebusinesses, 49.56 trillion VND from private enterprises and 8.4 trillion VNDfrom foreign direct investment (FDI) sector.
To fulfill the target, the locality will apply a number ofmeasures, including fostering connection between authorities and businesses ininvestment promotion and calling for investment in transport, economic andindustrial zone infrastructure.
Tra Vinh will review and build support and preferentialpolicies for investors, while creating a smooth, transparent and competitive investmentenvironment and speeding up the administrative reform, he said.
At the same time, it will create all favourable conditionsfor businesses to access capital and land, while implementing support policiesfor both enterprises and individuals during their investment and ensuringsocial security and order in the locality.
Tra Vinh will also make public its land fund, detail planning,and prioritised projects to encourage investment, said Dung.
Meanwhile, the province will improve the quality of trainingfor labourers, especially those in rural areas, in addition to enhancing localofficials’ capacity, he added.
So far, Tra Vinh has attracted 48 projects with a totalregistered capital of more than 151 trillion VND (6.6 billion USD), including16 FDI projects worth over 2.88 billion USD. Investors in Tra Vinh are mostlyfrom Malaysia, the Republic of Korea,Japan, Canada and Taiwan(China).-VNA
VNA
