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Wednesday, October 16, 2024

Investors sought for 700 projects in HCMC, central coastal provinces

By Thanh Tin

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HCMC – HCMC and six provinces along Vietnam’s central coast are seeking investors for 702 projects in sectors such as industry, trade, logistics, infrastructure, healthcare, and education, reported the local media.

HCMC listed 84 projects, while Binh Dinh had the largest number with 322. Binh Thuan followed with 119 projects, Ninh Thuan with 55, Phu Yen with 70, Quang Ngai with 34, and Khanh Hoa with 18.

At an investment promotion conference, jointly held on October 10 in Quy Nhon City by HCMC, Binh Dinh, Binh Thuan, Khanh Hoa, Ninh Thuan, Phu Yen, and Quang Ngai, the provinces introduced their economic development plans through 2030, with a vision towards 2050, outlining policies aimed at attracting domestic and international investors.

Pham Anh Tuan, chairman of the People’s Committee of Binh Dinh, emphasized the coastal central region’s potential for economic growth, particularly in marine industries and port development. He noted the region’s key role in both economic development and national defense.

Tuan highlighted the region’s geographical advantages, with all provinces bordering the sea and located near HCMC, Vietnam’s economic hub. The area’s scenic bays, lagoons, and beaches also position it as a prime destination for tourism development, aligning with both investment and tourism demands.

Businesses from HCMC and the region discussed investment opportunities, market growth, and strategies for collaboration with local governments.

HCMC encouraged businesses and industry associations to explore these investment prospects, underscoring the coastal central region as a vital area for sustainable marine economic development.

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