A corner of Lang Co Bay (Source: VNA)Singapore (VNA) – The central province of ThuaThien – Hue has held a conference in Singapore to call for Singaporeaninvestment in the province’s key sectors of tourism and sea port.
Addressing the event on January 12, Chairman of theprovincial People’s Committee Nguyen Van Cao said Thua Thien-Hue selectedSingapore as the first market to promote the local potentials because manySingaporean investors have had effective projects in the province, citing as anexample the Banyan Tree Group with the Laguna Lang Co resort.
He told the participants that the locality wants to attractinvestment in manufacturing factories and services in the Chan May – Lang Co EconomicZone, duty-free zone and Chan May seaport.
Regarding tourism, besides the Hue ancient relic site, theprovince is looking for investment to develop the Lang Co – Chan May Bay, whichwas voted as one of the world's 10 most beautiful bays by the Worldbays Club.
The Canh Duong-Lang Co Tourism Site has been approved by thePrime Minister as one of the four national tourism areas in the Master Plan fortourism development in the north central region by 2020, and a vision through2030.
Director General of Banyan Tree Lang Co Gavin Herholdt saidthe province has huge tourism potential, plus its connection with otherdestinations in the central heritage route.
He noted that the Chan May seaport can handle the world’sbiggest cruise ships, adding that his group plans to develop more high-endresorts in the province, raising its total investment to two billion USD fromthe current 300 million USD.
Meanwhile, Giles T. Cooper from the Duane Morris Vietnam LLCCompany underlined the favourable investment climate of Vietnam, including ThuaThien – Hue, in comparison with other regional nations.
Thian Tai Chew from the Singapore Business Federation (SBF)spoke highly of the conference, which attracted the participation of 150 localbusinesses.
SBF will arrange for a business delegation to make a fieldtrip to Thua Thien – Hue in February, he said.-VNA
VNA
