Nghe An eyes over 100 investment projects

The local authorities have granted investment licences to 29 projects, valued at VND6.9 trillion (US$302 million).

The province is working to remove barriers to speed up the implementation of key projects like Vietnam-Singapore Industrial Park (VSIP), cement and agro-forestry-fishery processing projects. It also pays heed to disseminating guidelines and policies among people to facilitate land clearance process.

Relevant agencies and localities are asked to set up inspection groups to supervise and speed up projects under the signed cooperation agreements.

The province will focus its resources on developing essential infrastructure at industrial parks like Tho Loc, Dong Hoi, Hoang Mai, Nghia Dan and Song Dinh. Priority has also been given to completing infrastructure at the Thai-invested Hemaraj industrial zone.

Last year, 141 projects worth VND35.4 trillion (US$1.5 billion) landed in the locality. 

Nghe An is currently home to big projects, including Ton Hoa Sen factory at Dong Hoi industrial park, Song Lam cement plant and the Republic of Korea’s Hitex garment company.