Tuesday,  Sep 25, 2018,08:12 (GMT+7) 0 0
Vinh Long pledges support for investors
Trung Chanh
Wednesday,  Mar 14, 2018,22:50 (GMT+7)

Vinh Long pledges support for investors

Trung Chanh

Le Quang Trung, vice chairman of Vinh Long Province, speaks at a press conference on March 12 - PHOTO: TRUNG CHANH

VINH LONG – The Mekong Delta province of Vinh Long will offer its strong support for investors if they set up shop there.

At a press conference on March 12 on an upcoming investment promotion conference, Truong Dang Vinh Phuc, director of the provincial Department of Planning and Investment, said the local government would provide policy incentives for investors.

The People’s Council of the province has issued a resolution on assistance for investors, Phuc said. In particular, the province will help them with financing, site clearance, wastewater treatment, and infrastructure development at industrial parks and clusters.

The province’s vice chairman Le Quang Trung asked local departments and agencies to create favorable conditions for investors by reforming their administrative procedures. Investors need transparent procedures, he noted.

Phuc of the Department of Planning and Investment said the investment promotion conference is slated to take place on March 27. In-principle approvals and investment certificates will be presented to 15 projects and 10 memorandums of understanding will be signed.

These projects are mainly in the agriculture, retail, industry, healthcare, and renewable energy sectors with total capital of over VND12.4 trillion (US$546 million).

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