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Kien Giang calls for investment

Update: July, 16/2012 - 10:58

 

Employees of a Kien Giang-based food exporter. The southern province is calling for investment in major projects. — VNA/VNS Photo The Thuan
KIEN GIANG — The southern province of Kien Giang had been encouraging domestic and foreign investors to pump investment into its 131 prioritised projects, the local authorities have said.

These projects, worth from VND20 billion (over US$950,000) to VND1 trillion ($47.6 million), include a 10,000-ha aquaculture project in Kien Luong District, infrastructure constructions in Tac Cau Industrial Zone and Tac Cau fish port in Chau Thanh District, and the expansion of U Minh Thuong Road.

The province is also calling for investment in other sectors such as technology used in the agriculture and seafood industries, electronics, machinery and engineering, ship building, garments and textiles, construction materials, handicrafts and footwear.

In the first half of this year, the province attracted 15 projects covering a total area of 204.3ha, bringing the total number of projects registered in the province up to 483 and spanning 24,290ha. Of these projects, 30 are foreign-invested and worth above $3 billion in total.

The encouraging investment attraction was due to local authorities' ongoing efforts to speed up administrative reform and improve infrastructure facilities in order to better facilitate investors, said Tran Thanh Moc, director of the provincial Investment, Trade and Tourism Promotion Centre.

Accelerating land clearance to ensure sufficient "fresh land" for investors and further advertising the provincial investment potential and opportunities via investment promotion conferences had also made a contribution, Moc said. — VNS

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