The central province of Quang Nam expects to welcome more FDI projects promoting green growth, according to Chairman of the provincial People’s Committee Le Tri Thanh.
An aerial view of the Chu Lai Open Economic Zone in Quang Nam province (Photo: VNA)
Quang Nam (VNA) - The central province of QuangNam expects to welcome more FDI projects promoting green growth, according to Chairmanof the provincial People’s Committee Le Tri Thanh.
He expressed his appreciation of all FDI projects inthe province that have significantly contributed to local socio-economic development.
He cited the fact that FDI firms have contributed about89.34 million USD to the provincial budget, exported 751.24 million USD worth of goods,and employed over 55,000 local workers.
The province plans to pursue green growth in the long term, hewent on, so it is giving priority to investment in three industries - manufacturingand processing, electronics and telecommunications, and renewable energy - and willensure the most suitable conditions possible are provided to investors.
The province also hopes to attract large-scale projectsproducing highly-competitive goods and forming part of global supply chains. Italso welcomes projects in support industries and those using high technology.
Quang Nam raked in close to 19 million USD in FDI inthe first quarter of this year, up 15.8 percent year-on-year, mostly in manufacturingand processing and services, despite the impact of the COVID-19 pandemic.
Most new manufacturing and processing projects are locatedat the Chu Lai Open Economic Zone, the Dien Nam - Dien Ngoc Industrial Park, andindustrial clusters in Thang Binh and Duy Xuyen districts, while those in the servicesindustry are primarily in Hoi An ancient town.
The province has also approved 16 domestic projects withcombined registered capital of nearly 1.79 trillion VND (76.8 million USD)./.
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An aerial view of the Chu Lai Open Economic Zone in Quang Nam province (Photo: VNA) 
