Ninh Thuan sets up Economic Development Office
By Hong Phuc - The Saigon Times Daily
HANOI – Ninh Thuan Province will open an Economic Development Office under the Department of Planning and Investment on March 18 that will serve as a bridge between investors and local authorities.
The office will help investors complete all necessary procedures to establish companies. It will also oversee compensation procedures and provide investment and construction licenses and site clearance too.
Various economic sectors can ask the Economic Development Office for investment advice. It will also source development assistance funds and coordinate relevant departments to manage donated money. It will simplify administrative papers too.
Ninh Thuan Province commissioned the U.S.’s Monitor Group US$3 million to develop its economic zoning plan and strategy until 2030. The Economic Development Office was established under the program.