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Quang Ninh goes green to entice Japanese investment

Update: December, 18/2012 - 09:12


Goods being loaded at Cai Lan Port in the coastal province of Quang Ninh. The region aims to become a centre of modern industry by 2020. — VNA/VNS Photo Danh Lam
Northern Quang Ninh Province is trying to be a motivating force in economic development and to lead the country in green growth, said provincial Party secretary Pham Minh Chinh on Sunday.

Speaking at a meeting with Japanese experts and investors from the Koushikai group, and the International Culture Association, Chinh pledged the province would become a place of service and modern industry by 2020.

Also, it would push up marine economic development that would create a firm foundation for comprehensive development after 2020.

At the meeting, entitled "Green Growth and solutions to attract Japanese investors to Quang Ninh," Chinh said that the province would restructure its economy and gradually reduce its dependence on natural resources, while increasing sustainable factors such as science and technology, consumption, investment, exports and human brainpower.

Viet Nam Institute of Economics deputy director Bui Quang Tuan said the province needed to speed up green growth, together with green tourism, green urban landscapes and green lifestyles.

To turn it into a reality, the province would have to widely apply many high-tech solutions in the economy and society, he said.

Japan has provided Official Development Assistance loans 13 projects worth a total of US$200 million in Quang Ninh Province. The projects focus on building infrastructure, upgrading the rural transport system, supporting healthcare and protecting the environment.

Key projects include the Cai Lan deep-water port and Bai Chay Bridge.

At the meeting, the participants also heard ideas and suggestions from Japanese international organisations which had helped push up investment in the province.

Chief representative of the Japan International Co-operation Agency in Viet Nam Motonori Tsuno pledged to provide the province with technical and financial support as well as to share experiences in green growth.

Deputy chief representative of the Japan External Trade Organisation's Ha Noi Office Yuichi Bamba said Japanese enterprises were shifting their investment to Southeast Asia, especially Viet Nam. He said Quang Ninh needed to have stronger supporting policies for Japanese investors, along the lines established by central Da Nang City and northern Ha Nam and Bac Ninh provinces.

General secretary of the Japan Business Association in Viet Nam Masanori Ogura suggested that Quang Ninh to develop high-quality human resources and build a favourable road system, linking with big centres such as Ha Noi. It would also need to implement a one-door administrative policy to attract more Japanese investors.

The province has recently established the Quang Ninh Investment Promotion Agency, which is managed by provincial People's Committee chairman Nguyen Van Doc. The agency will receive investment documents and create the most favourable conditions for organisations, enterprises and individuals to learn about investment opportunities and carry out projects in the province.

In addition, the province has been building a road, linking Quang Ninh with the northern port city of Hai Phong, that extends to the Ha Noi-Hai Phong highway.

Authorities were also completing a feasibility study on an airport for Van Don. — VNS

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