The Lao Cai International Border Gate (Source: laocaitourism.vn)Lao Cai (VNA) – A conference promoting investment,trade and tourism in the northwestern mountainous province of Lao Cai isscheduled to run in Lao Cai city on September 20.
Themed ‘Lao Cai – a destination of success’, the event willgather nearly 500 delegates from the Government, ministries, sectors, domesticand foreign businesses, embassies, as well as foreign localities andorganisations, among others.
It aims to introduce the provincial potential to internationaland regional connectivity, as well as its demand for cooperation, investmentattraction, and trade-tourism development. The conference will createconditions for businessmen and investors to meet with representatives of theGovernment and local authorities to discuss increasing support in productionand development collaboration.
Discussions at the event are expected to promote a series ofsectors, including border trade-investment, urban infrastructure development,logistics, industry, high-tech agriculture, medicine production, and tourism.
On the occasion, cooperation agreements with 11 partnersworth about 124.3 trillion VND (5.3 billion USD) are expected to be signed,while decisions approving investment in eight projects will be presented. Amongthese projects, which are scheduled to be implemented in 2019 and early 2020,there are four in tourism-service, two in urban development, one in medicalmaterial production, and one in industry. Their total value amounts toapproximately 22.9 trillion VND (1 billion USD).
During 2004-2018, Lao Cai attracted 618 domestic projectsworth 93 trillion VND, while licencing 29 foreign-funded projects worth 574.7million USD.-VNA
VNA
