Wednesday, December 7 2016

VietNamNews

Tien Giang set for more investment

Update: August, 27/2015 - 08:35
Since the outset of this year, the province granted investment certificates to two new provincial industrial park projects worth $17 million. — File Photo
TIEN GIANG  (VNS) — The Mekong Delta province of Tien Giang is currently home to 73 investment projects, 47 of which are foreign direct investment, that cumulat-ively pull US$1.37 billion into the province.

Since the outset of this year, the province granted investment certificates to two new provincial industrial park projects worth $17 million.

Authorities allowed the continuance of four existing projects, which add another $30 million in investment.

The recent results are a welcomed uptick in the province, spurred by policy improvements and fine-tuning administrative procedures.

Enterprises operating in the province's four industrial zones, namely My Tho, Tan Huong, Long Giang and Soai Rap Petroleum Service, created jobs for over 65,000 labourers, said Nguyen Thanh Liem, deputy head of the local Industrial Zones Authority.

The province's goals for 2020 include developing a total of seven industrial parks and 27 industrial complexes.

The province will focus on attracting enterprises that process farm and forest products to make the provincial economic structure well-rounded and vertically integrated to increase industrial output and efficiency. — VNS

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