Kien Giang home to 49 FDI projects

The Mekong Delta province of Kien Giang has so far attracted 49 foreign direct investment (FDI) projects with a combined registered capital of over 2.75 billion USD.
Kien Giang home to 49 FDI projects ảnh 1A corner of Ha Tien town, Kien Giang province (Source: VNA)

Kien Giang (VNA) - The Mekong Deltaprovince of Kien Giang has so far attracted 49 foreign direct investment (FDI)projects with a combined registered capital of over 2.75 billion USD.

Investors operating in Kien Giang come from 19 countries and territoriesworldwide, including the US, Switzerland, Sweden, France, Russia, China,Australia, Japan, the Republic of Korea (RoK) and Thailand.

Disbursement ofFDI capital has reached 556 million USD, 20 percent of the total registeredcapital, mainly in tourism, agriculture, processing industry, manufacturing, oiland gas transportation, trade, service and transport.

Local authorities have issued detailsof projects calling for investmentin 2018-2020 period to aid foreign investors.

Projects calling for investment in the locality focus on tourism, trade, theenvironment, hi-tech agriculture, rural and urban water, industry, building technical infrastructure and industrial clusters, housing and urban development, transport, education-training, and culture-sports.

Vice Chairwoman of the provincial People’s Committee Le Thi Minh Phung said localauthorities have fostered trade promotion and connection activities, andpromoted administrative reform to attract more investors.

She added that attention has been paid to expanding relations with foreigntrade and investment organisations, general consulates and international diplomaticagencies in Vietnam, as well as Vietnamese communities abroad to foster investmentpromotion.

Information on the strengths of the locality have been publicised on massmedia, making it easier for investors to learn about projects they areinterested in, Phung added.-VNA 
VNA

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