The RoK diplomat told the provincial People’s Committee Chairman, Nguyen Van Cao, during their meeting in the central region province on October 6, that he would promote the province’s strengths and potential among RoK business circles.

Thua Thien-Hue is home to Hue Imperial City which has been recognised as a world cultural heritage site by the UN Educational, Social and Cultural Organisation (UNESCO).

The province has so far granted 11 licences for investors from the RoK, at a total capitalisation of US$560 million.

Most of their projects are in the hospitality industry, services, and construction and investment in technical infrastructure for industrial zones.

In addition to Foreign Direct Investment, the province has received the RoK’s aid in Official Development Assistance (ODA) for the construction of a 500-bed hospital at a cost of US$20 million.