Kien Giang lures US$1.77 billion investment in six months

The Mekong Delta province of Kien Giang licensed 24 projects, including three foreign direct investment (FDI) projects, with a combined registered capital of  US$1.77 billion, 3.6 times higher than the number of 2016. 

Currently, the province has 712 projects, including 47 FDI ones, worth 540 trillion VND (23.78 billion USD).

The projects are invested mainly in tourism, agriculture, processing and manufacturing industries, petroleum transport, trade and services. 

Pham Vu Hong, Chairman of the provincial People’s Committee, said Kien Giang will continue investing in infrastructure construction and call for more investment into industrial parks, particularly in its key sectors.

The province will create favourable conditions for investors to deploy licensed projects and speed up the progress of construction projects, he said, adding that Kien Giang will also simplify administrative procedures in the time to come.

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