Nam Dinh strives to lure investment

More than 60 investors and representatives from apparel companies and financial institutes from different countries gathered in a workshop held in northern Nam Dinh provnce on June 27 to discuss policies to attract investment to the locality and its Rang Dong Garment and Textile Industrial Zone.
More than 60 investors and representatives from apparel companies andfinancial institutes from different countries gathered in a workshopheld in northern Nam Dinh provnce on June 27 to discuss policies toattract investment to the locality and its Rang Dong Garment and TextileIndustrial Zone.

Participants learned aboutinfrastructure, power capacity, waste and waste water treatment in theRang Dong IZ, land for business expansion, and registration andadministrative formalities, and local incentives for investors.

Chairman of the Nam Dinh People’s Committee Doan Hong Phong briefedthe participants of the province’s potential of abundant, skilled andyoung workforce, convenient transport, improved telecommunication andhealthcare infrastructure and services.

Allindustrial parks and clusters have solid and liquid waste treatmentsystems as well as residential buildings for workers, he noted.

The locality prioritises investment in the fields of industrialinfrastructure development, green agricultural production, foodprocessing and supporting industry for mechanics, electrics,electronics, textiles and garment, and footwear.

Investment in eco-tourism, education and healthcare services are also encouraged, he added.

Nam Dinh plans to have nine industrial parks, three of which have beenput into use including the Hoa Xa, My Trung and Bao Minh IZs.

The 600-hectare Rang Dong Garment and Textiles IZ will be operational by the end of 2015.

Three cooperation projects between the province’s enterprises and foreign investors were inked during the event.-VNA

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