Thua Thien-Hue appeals for foreign investment
The central coastal province of Thua Thien-Hue has promulgated an investment promotion plan for 2017, which aims to attract about SU$300-400 million in foreign investment.
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It will call for investment from traditional markets like Thailand, the Republic of Korea, Singapore, China’s Hong Kong, Japan, the US and countries Vietnam has signed free trade agreements with.
The province will work with FLC Group, Vingroup, Bitexco, and Viglacera, as well as foreign investment promotion organizations like the Japan International Cooperation Agency, Korea International Cooperation Agency, and Japan External Trade Organization.
Chairman of the provincial People’s Committee Nguyen Van Cao said Thua Thien-Hue wants to promote investment by connecting with investors’ partners such as banks, infrastructure businesses and consulting companies.
The locality also plans to forge connectivity via direct dialogues between authorities, investors and investment management and trade counseling agencies, he added.
Currently, investors are studying several projects in the province, including an infrastructure project worth 600 billion VND (26.3 million USD) at a Thien Ha Kameda JSC industrial park.
The Chan May JSC has registered 850 billion VND (37.3 million USD) in capital to build a wharf at the Chan May Port.
Meanwhile, Phu Quang Spinning JSC has poured 400 billion VND (17.5 million USD) into a spinning line project.
The Lang Co marine eco-tourism project of Pacific-Asia JSC has total investment of 580 billion VND (25.5 million USD), while a project refining sand into high-quality materials of A&A Green Phenix JSC is worth 500 billion VND (21.9 million USD).
