Tân Châu Town in the Củu Long (Mekong) Delta province of An Giang is seeking investment in various sectors to boost development. — Photo baoangiang.com.vn

HCM CITY — Tân Châu Town in An Giang will continue to seek investment in several sectors to spearhead socio-economic development in the Cửu Long (Mekong) Delta province’s northern part, its leaders have said.

Among projects it is soliciting investment in are a bridge that will cost VNĐ2.5 trillion (US$107.3 million) to connect it with Đồng Tháp Province’s Hồng Ngự District, the VNĐ200 billion ($8.58 million) Tân Châu Port and other technical infrastructure projects.

It has also called on investors to participate in projects in areas like border economic development, urban development, environment, services and tourism.

Trần Hoàng Hải, vice chairman of the town People’s Committee, said: “We realise enterprises play an especially important role in the town’s socio-economic development and a major factor in creating jobs and making products.

“Therefore, we continue to call on investors to come here to invest and build key projects.”

Thanks to this policy, many investors have come to the town to build factories and set up companies in recent years, creating jobs and generally helping improve people's living standards.

The average per capita income of the town is VNĐ52 million ($2,236) per year, an increase of nearly VNĐ10 million ($430) from 10 years ago.

Trần Thị Bé Ba of Tân Châu Town’s Vĩnh Xương Commune said in the past, she had to go to Bình Dương or Đồng Nai to find a job, and, despite working hard, ended up not saving much.

“Now many enterprises come here to do business and I have applied for a job at a garment factory. I feel very happy since I can get a steady income and no longer have to live far from home.”

The town had 29 new businesses last year, taking the total number to 513.

Hải said: “We are committed to always assisting investors. We will create the most favourable conditions for projects to be implemented as soon as possible.”

Hỳnh Quốc Thái, chairman of the Tân Châu Town People’s Committee, said: “The town’s leaders are always determined to create a level playing field for all investors and the best conditions for them to invest and do business.

“We encourage creative start-ups to start their business here and in sectors in which the locality has strengths to create a breakthrough and speed up the town’s socio-economic development.”

With the private sector joining hands, the town now has relatively good infrastructure, enabling it to meet grade III urban standards. — VNS