Quang Binh hosts investment promotion conference

(VOV) - Nearly 200 officials and businesspeople attended an investment promotion conference in the central province of Quang Binh on April 5, the first of its kind in the locality. 

Quang Binh currently has 276 registered investment projects with a combined capitalization of nearly VND100,000 billion, of which 158 projects worth VND78,900 billion have been licensed.

Nguyen Huu Hoai, Chairman of the Quang Binh People’s Committee, spoke about the province’s abundant potential for future economic growth and its strengths for enticing additional investment in the time to come.

Conference participants offered up a number of proposals to incentivise investment and commented on various alternative policies, assessing their strong and weak points.

At the conference, the provincial People’s Committee approved investment licences for 13 projects valued at more than VND8,5 trillion and signed 8 cooperation agreements with pledged investment of VND10.8 trillion.

The committee also presented certificates of merit to the Bank for Investment and Development of Vietnam (BIDV) for its contribution to provincial poverty reduction and socio-economic development.

Attending the event, Deputy Prime Minister Nguyen Xuan Phuc asked the province to timely carry out investment projects to promote local socio-economic development.

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