Da Bac Islet in the southern province of Kien Giang (Photo: timeoutvietnam.vn)Hanoi (VNA) - The southern province of Kien Giang aims to mobilise 255 trillionVND (11.3 billion USD) for socio-economic development by 2020.
Ofthis, as per plan, 68 percent will come from the private sector, 13 percentfrom the State budget, 6 percent from foreign direct investment and theremaining 13 percent from other sources.
Tomeet this target, the province has drawn up measures to improve its investmentenvironment and accelerate investment, which includes establishing one-stopshop administrative procedures for granting investment licence and improvingconnectivity with other provinces and cities.
KienGiang will review, supplement, adjust and improve the quality of its planningactivities and its plans – both master plans and plans for specific sectorssuch as tourism, agriculture, aquaculture, industry; it will create favourableconditions for enterprises to upgrade technologies and access markets andcredits; and train labour.
MaiVan Huynh, vice-chairman of the provincial People’s Committee, said Kien Giangwould focus on improving its infrastructure, speeding up the construction ofthe southern coastal road and the Lo Te-Rach Soi stretch of National Highway No80; consolidating its sea dyke system and irrigation projects; and investing inelectricity grid on islands.
Upto now, Kien Giang has attracted 690 domestic projects worth 451.5 trillion VND.Of this, 321 projects have been in operation, accounting for 31 percent of theregistered capital. The province has also attracted 41 FDI projects from 19countries and territories with a total registered capital of 1.44 billion USD,of which 37 percent has been disbursed.-VNA
Ofthis, as per plan, 68 percent will come from the private sector, 13 percentfrom the State budget, 6 percent from foreign direct investment and theremaining 13 percent from other sources.
Tomeet this target, the province has drawn up measures to improve its investmentenvironment and accelerate investment, which includes establishing one-stopshop administrative procedures for granting investment licence and improvingconnectivity with other provinces and cities.
KienGiang will review, supplement, adjust and improve the quality of its planningactivities and its plans – both master plans and plans for specific sectorssuch as tourism, agriculture, aquaculture, industry; it will create favourableconditions for enterprises to upgrade technologies and access markets andcredits; and train labour.
MaiVan Huynh, vice-chairman of the provincial People’s Committee, said Kien Giangwould focus on improving its infrastructure, speeding up the construction ofthe southern coastal road and the Lo Te-Rach Soi stretch of National Highway No80; consolidating its sea dyke system and irrigation projects; and investing inelectricity grid on islands.
Upto now, Kien Giang has attracted 690 domestic projects worth 451.5 trillion VND.Of this, 321 projects have been in operation, accounting for 31 percent of theregistered capital. The province has also attracted 41 FDI projects from 19countries and territories with a total registered capital of 1.44 billion USD,of which 37 percent has been disbursed.-VNA
VNA
