Kien Giang attracts nearly 800 non-State investment projects
The Mekong Delta province of Kien Giang has welcomed a total of 796 non-State investment projects with over 540.66 trillion VND (23.35 billion USD) in capital, local authorities have said.
The Mekong Delta province of Kien Giang has welcomed a total of 796 non-State investment projects with over 540.66 trillion VND (23.35 billion USD) in capital (Photo: VNA)
KienGiang (VNA) - The Mekong Delta province of Kien Giang has welcomed ato𝔉tal of 796 non-State investment projects with over 540.66 trillion VND (23.35billion USD) in capital, local authorities have said.
Fifty-fiveare FDI projects with capital of more than 2.7 billion USD. Nearly 400 projectsare in agriculture, aquaculture, tourism, industry, and trade-services. Itattracted 206 projects in the 2016-20 period, including 22 FDI ones worthnearly 133 trillion VND in total. Theprovince has, over time, paid heed to improving its investment climate, administrativeprocedures, and working methods to save businesses time and money. Meetingswith businesses and symposiums are held regularly to remove bottlenecks andpromote production, attracting more domestic and foreign investors to theprovince, especially Phu Quoc Island. KienGiang has welcomed investors from Australia, China, the Republic of Korea,Japan, Singapore, and Russia in fields where it possesses strengths, likeagriculture, the maritime economy, tourism, and services, in keeping with theprovince’s economic restructuring efforts. Growthhas been posted in those fields as a result, particularly in agriculture and tourism,creating jobs and reducing the rate of poor households. Ofnote, Phu Quoc island district now has hundreds of projects, more than 50 of whichwith capital in excess of 15 trillion VND are operational. KienGiang has further called for investment in environmentally-friendly high-techindustrial projects./.
The Mekong Delta province of Kien Giang will spend about 80.3 trillion VND (3.45 billion USD) on promoting safe, sustainable and effective agricultural production in the 2021-2025 period, according to the provincial Department of Agriculture and Rural Development.
Total investment for socio-economic development in the Mekong Delta province of Kien Giang stood at 222.66 trillion VND (9.6 billion USD) in 2016-2020, with an annual average growth of 6.1 percent, according to the provincial People’s Committee.
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The Mekong Delta province of Kien Giang has welcomed a total of 796 non-State investment projects with over 540.66 trillion VND (23.35 billion USD) in capital (Photo: VNA) 
