An iron plate production line of Thuy Nam Co., Ltd in Lai Chau (Photo: http://laichau.gov.vn/)Lai Chau (VNA) - The northernmountainous province of Lai Chau introduced its strengths and called forinvestment to different fields during a meeting with the Vietnam-Korea Businessmenand Investment Association (VKBIA) on May 4.
Chairman of the Lai Chau Provincial People’sCommittee Tran Tien Dung said that with a large land area, temperate climate,and diverse soil types, Lai Chau boasts the conditions necessary for developinghigh-quality agricultural and forestry products.
Its many rivers and springs also allow for the developmentof small- and medium-sized hydropower plants, aquaculture, and reservoirtourism.
The diversity of local natural resources alsomakes the province ideal for mining and the production of building materials. Upgradeson the way for the Ma Lu Thang National Border Gate to reach international standardsand an abundant workforce are also local advantages, according to Dung.
He added that Lai Chau will focus on attractinginvestment in concentrated agricultural production to develop localspecialties. It will also boost the application of high technology in agriculture,connectivity between businesses and farmers, sustainable forestry development,renewable energy, mining, building materials production, agricultural andforestry product processing, economic activities at border gates, and tourism.
The official pledged that local authorities will stand shoulder-to-shoulderwith enterprises, actively reform administrative procedures, improve thebusiness climate, and create the best possible conditions for investments inthe province.
For his part, VKBIA Chairman Tran Hai Linh touchedon fields where investors from the Republic of Korea seek opportunities.
He also spoke of the coordination in the organisationof investment promotion events, human resources training, border trade,high-quality agriculture, renewable energy, and tourism development.
The VKBIA also presented medical supplies to LaiChau to help it fight COVID-19./.
VNA
