Singaporean enterprises explore Long An’s investment environment

The Mekong Delta province of Long An is willing to create favourable conditions for Singaporean businesses to expand investment in the locality, especially in the fields of innovation, green energy transition, industrial infrastructure, urban infrastructure, health, processing, manufacturing, and financial market development.
Singaporean enterprises explore Long An’s investment environment ảnh 1An overview of the seminar (Photo: VNA)
Long An (VNA) – The Mekong Delta province of Long An is willing tocreate favourable conditions for Singaporean businesses to expand investment inthe locality, especially in the fields of innovation, green energy transition, industrialinfrastructure, urban infrastructure, health, processing, manufacturing, andfinancial market development.

The statement was made by Vice Chairman ofthe provincial People’s Committee Huynh Van Son on November 29 at a seminar topromote trade cooperation between the province and Singapore, which attractedthe participation of representatives from over 40 Singaporean enterprises.

Son said that Singapore is currently theleading country in FDI investment in Long An with more than 4 billion USD,accounting for 37% of the total FDI from 40 countries and territories pouring capitalinto the locality. This proves that the province's investment environment is aleading and reliable destination for Singaporean investors.

Long An hopes Singaporebusinesses will continue to promote the effectiveness of the model of Vietnam -Singapore industrial parks in a sustainable direction, towards the formation ofindustrial, innovation, urban, services and high technology ecosystems, hestressed.

He pledged to speed up administrativereform, support investment projects, and ensure investors fully enjoypreferential policies in accordance with regulations, adding that the provinceis also implementing a plan to improve human resources to meet the needs ofbusinesses.

Singaporean Consul General in Ho Chi MinhCity Roy Kho said that Long An is one of the important and potential partnersfor Singapore businesses.

The two sides still have a lot of room toincrease cooperation and investment in all fields, particularly in renewableenergy, smart city building, logistics, agriculture, and tourism, heemphasised, showing his hope that the seminar will help both sides identifychallenges, opportunities and solutions to promote connectivity and create morecooperative and investment relationships./.
VNA

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