Quang Tri province has granted investment licenses to 12 projects with a total capital of nearly 2 trillion VND (88 million USD) since the beginning of 2017 (Photo: VNA)Quang Tri (VNA) – The central province of QuangTri has granted investment licenses to 12 projects with a total capital ofnearly 2 trillion VND (88 million USD) since the beginning of 2017.
So far, the province has attracted 316 projects worth morethan 68 trillion VND (nearly 3 billion USD), of which 208 were put intooperation.
According to Tran Doan, head of the provincial managementboard of economic zones, 20 more projects worth over 82 trillion VND (3.6billion USD) will receive investment licenses in the time to come.
Local leaders have organised many working delegations topromote investment and worked with strategic investors to attract theseprojects so as to foster socio-economic development, generate more jobs andincrease the locality’s budget collection.
The province has cut down the number of small projects whichrequire large land areas and cause environmental pollution.
Attention has been paid to improving its investment climate bybuilding an attractive, open and transparent environment.
Quang Tri also signed memoranda of understanding oncooperation in building a Vietnam-Singapore Industrial Park (VSIP) in thelocality with Singapore’s Sembcorp Group and Vietnam’s Becamex Investment andIndustrial Development Corporation (Becamex IDC).-VNA
VNA
