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Thua Thien-Hue appeals for foreign investment

The central coastal province of Thua Thien-Hue has promulgated an investment promotion plan for 2017, which aims to attract about 300-400 million USD in foreign investment.
Thua Thien-Hue appeals for foreign investment ảnh 1An industrial park in Thua Thien-Hue province (Photo: VNA)
Thua Thien-Hue (VNA) – The centralcoastal province of Thua Thien-Hue has promulgated an investment promotion planfor 2017, which aims to attract about 300-400 million USD in foreigninvestment.

The locality prioritised investment in tourism,services, information technology, healthcare, aquaculture, light industry,urban development, and economic zones.

It will call for investment from traditional marketslike Thailand, the Republic of Korea, Singapore, China’s Hong Kong, Japan, theUS and countries Vietnam has signed free trade agreements with.

The province will work with FLC Group, Vingroup,Bitexco, and Viglacera, as well as foreign investment promotion organizationslike the Japan International Cooperation Agency, Korea InternationalCooperation Agency, and Japan External Trade Organization.

Chairman of the provincial People’s CommitteeNguyen Van Cao said Thua Thien-Hue wants to promote investment by connectingwith investors’ partners such as banks, infrastructure businesses and consultingcompanies.

The locality also plans to forge connectivityvia direct dialogues between authorities, investors and investment managementand trade counseling agencies, he added.

Currently, investors are studying severalprojects in the province, including an infrastructure project worth 600 billionVND (26.3 million USD) at a Thien Ha Kameda JSC industrial park.
The Chan May JSC has registered 850 billion VND(37.3 million USD) in capital to build a wharf at the Chan May Port.

Meanwhile, Phu Quang Spinning JSC has poured 400billion VND (17.5 million USD) into a spinning line project.

The Lang Co marine eco-tourism project ofPacific-Asia JSC has total investment of 580 billion VND (25.5 million USD),while a project refining sand into high-quality materials of A&A GreenPhenix JSC is worth 500 billion VND (21.9 million USD).-VNA

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