A view of a coastal economic zone in Thua Thien - Hue Province. (Source: chanmaylangco.com.vn)ThuaThien-Hue (VNA) – The central province of Thua Thien- Hue aims toattract 20 projects to its economic zones (EZs) and industrial parks (IPs) withtotal registered capital of some 6 trillion VND (264.3 million USD).
Tothis end, the province’s Economic Zone and Industrial Park Management Boardwill launch investment promotion programmes that focus on fostering partnershipwith investors having adequate financial resources in infrastructure, NguyenQue, deputy head of the board, said.
Accordingto Que, currently, the board is working with major domestic firms, includingFLC Group, VinGroup, Bitexco and Viglacera, and strengthening coordination withforeign partners, including JICA, KOICA and JETRO, in investment promotion.
Forprojects being implemented in the Chan May-Lang Co EZ, provincial authoritieshave been assisting in the construction process and in capital disbursement,including the second phase of the Lang Co Laguna, Minh Vien Lang Co Resort,Wharf 3 at Chan May Port; infrastructure of Viglacera’s industrial park;Bitexco’s Lap An eco-tourism project; and infrastructure of Sai Gon-Chan Mayindustrial and non-tariff zone.
Accordingto Nguyen Van Cao, Chairman of Thua Thien- Hue People’s Committee, the provincehas implemented a number of measures to boost investment, such as improvinginvestment and business environment and addressing issues in the aftermath ofthe sea environment incident that occurred last year.
Inthe future, Thua Thien Hue will also enhance the quality of businessassociations and trade organisations for better connectivity among enterprises.The province will invest over 2 trillion VND in socio-economic infrastructureand industry development programmes in 2017.
Atthe same time, this central province will also restructure its vocationaltraining system and step up administrative reform, striving to conduct over 50 percentof its administrative procedures online, and apply the one-door model at theprovincial and district administration centres, thus raising the satisfactionrate for implementing administrative procedures among residents and businessesto over 80 percent, Cao said.
Last year, local EZs and IPs attracted 14projects with total investment of nearly 4.9 trillion VND, bringing the totalnumber of projects located in their facilities to 140, worth over 63.7 trillionVND. Of the projects, 36 are run by foreign investors, with registered capitalalmost reaching 31.2 trillion VND.-VNA
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