Hau Giang (VNA) –The Mekong Delta province of Hau Giang is calling for nearly 300 million USD ofinvestment in seven key projects, provincial officials said.

The province announced at apress conference on September 19 that it will hold an investment promotionconference in late September to announce priority projects and localincentives.

Director of the provincialDepartment of Information and Communication Pham Van Tuu said the projectsinclude a rice processing for export project accompanied by a rice farmingarea, a ecotourism site at the Lung Ngoc Hoang nature reserve, and infrastructureconstruction for several industrial parks and a high-tech agricultural zone.

Hau Giang plans to offer exemptionand reduction of corporate income tax for between 2-4 years and a 50 percentreduction for the next 4-9 years, with the preferential tax rates ranging from10-17 percent.

In the framework of theinvestment promotion conference there will be such activities as a fair and exhibitions,and seminars on the local potential for investment and development.

Currently, there are 4,200enterprises with a total registered capital of 45 trillion VND (2 billion USD)in Hau Giang. The province has so far attracted 40 foreign and domesticinvestors, who have poured capital worth 760 million USD and 66.4 trillion VND,respectively, in the local industrial zones and complexes.-VNA