Tra Vinh lures over 111 billion VND worth of investments in January
The Mekong Delta province of Tra Vinh granted approval decisions and investment licences to four projects with accumulative registered capital exceeding 111 billion VND (4.7 million USD) in January.
Currently, Tra Vinh has 355 valid projects, including 41 foreign-invested ones valued at 3.1 billion USD, with 2.41 billion USD funneled into a thermal power plant. (Photo: VNA)
TraVinh (VNA) – The Mekong Delta province of Tra Vinh granted approvaldecisions and investment licences to four projects with accumulative registeredcapital exceeding 111 billion VND (4.7 million USD) in January.
Thefigures represent an increase of three projects and 110 billion VND comparedwith the same period last year.
Thefour projects include a fruit and vegetable processing and preservationfacility being built by Xuan Thanh Cooperative for Agriculture, Trade,Production and Services, expanded Minh Tam General Hospital funded by Minh TamJSC, Petrolimex - CH 07 project developed by Tra Vinh One Member Co., Ltd, anda NPK fertilizer plant being built by Phuc My Chemicals and Fertilizer JSC.
Duringthe month, local leaders held working sessions with five delegations of domesticand foreign investors who came to study investment opportunities in wind power,logistics and garment-textiles.
Chairmanof the provincial People’s Committee Dong Van Lam pledged that Tra Vinh willcreate favourable conditions for investors to operate in the locality, addingthat Tra Vinh has offered incentives regarding land tax and infrastructure, andprovided support for firms in personnel training and employment.
Heemphasised that Tra Vinh has streamlined administrative procedures, helpinginvestors reduce unofficial costs and save time.
Currently,Tra Vinh has 355 valid projects, including 41 foreign-invested ones valued at3.1 billion USD, with 2.41 billion USD funneled into a thermal power plant./.
Completing mechanisms and management policies is among the Mekong Delta province of Tra Vinh’s efforts to lure more foreign investors and improve the quality of foreign direct investment in the locality.
Domestic and foreign investors signed memoranda of understanding on 19 investment projects worth over 205 trillion VND (8.84 billion USD) in the Mekong Delta province of Tra Vinh at an investment promotion conference held by the province on January 15.
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