A corner of Phu Quoc island district (Source: VNA) HCMCity (VNA) - The Mekong Delta province of Kien Giang introduced alist of 64 projects that call for investment in 2018 at an investment promotionforum held in Ho Chi Minh City on August 13.
Theevent is hoped to help attract more domestic and foreign investment to thelocality in the coming time.
Accordingly, the locality gives priority to luring investment for projects of cleanagricultural production, hi-tech agriculture development; aquaculture andaquatic product processing; offshore fishing and post-fishing preservation technology.
Local authorities also briefed participants of many projects related to environmentalprotection; wastewater treatment; water supply in remote areas; tourismdevelopment; trading; industrialpark technical infrastructure; and housing and urban development.
Pham Vu Hong, Vice Secretary of the provincial Party Committee and Chairman ofthe provincial People’s Committee, said the locality is calling for investment toprojects of waste and wastewater treatment, water supply, tourism and hi-techagriculture development in the districts of Phu Quoc, Rach Ra, Chau Thanh andHon Dat.
KienGiang boasts great potential for developing maritime and ecological tourism, hestressed.
The locality has planned five industrial parks (IP) with a total area of over730 ha, including the two key strategic parks - the 100-ha Thanh Loc IP in ChauThanh district with a total investment of over 1 trillion VND (42.65 millionUSD) and the 140-ha Thuan Yen IP in Ha Tien district, with 1.2 trillion VND (nearly51.2 million USD).
TheThanh Loc IP focuses on processing farm produce and food, producing consumerproducts; mechanical products; handicrafts for export and hi-tech industrialproducts. Meanwhile, the Thuan Yen IP is for projects related to electronicsassembling, textiles and footwear production for export, consumer goods,construction materials, and handicrafts.
Theprovincial Party Committee and People’s Committee have given many incentives andaccelerated administrative reform to make it easier for enterprises and investorsto operate in the locality.
Notably, it takes only half a day to complete procedures for establishing a business.Other administrative procedures can be completed from 7-15 days.
Enterprises investing in Kien Giang are exempted from corporate income tax forthe first four years after their establishment and a 50-percent reduction forthe next nine years.
Kien Giang aims to mobilise 9.5 billion USD forsocio-economic development by 2020 and 45 billion USD by 2030.
It also targets becoming a well-developedlocality and a transportation and tourism service destination in the MekongDelta, and a development hub of the southern key economic region.
The province aims for an average Gross RegionalDomestic Product (GRDP) of 7.5-8 percent per year by 2020.
As of June this year, the locality attracted 41foreign investment projects from 19 countries and territories with a totalregistered capital of 1.44 billion USD, of which 37 percent has beendisbursed.-VNA
Theevent is hoped to help attract more domestic and foreign investment to thelocality in the coming time.
Accordingly, the locality gives priority to luring investment for projects of cleanagricultural production, hi-tech agriculture development; aquaculture andaquatic product processing; offshore fishing and post-fishing preservation technology.
Local authorities also briefed participants of many projects related to environmentalprotection; wastewater treatment; water supply in remote areas; tourismdevelopment; trading; industrialpark technical infrastructure; and housing and urban development.
Pham Vu Hong, Vice Secretary of the provincial Party Committee and Chairman ofthe provincial People’s Committee, said the locality is calling for investment toprojects of waste and wastewater treatment, water supply, tourism and hi-techagriculture development in the districts of Phu Quoc, Rach Ra, Chau Thanh andHon Dat.
KienGiang boasts great potential for developing maritime and ecological tourism, hestressed.
The locality has planned five industrial parks (IP) with a total area of over730 ha, including the two key strategic parks - the 100-ha Thanh Loc IP in ChauThanh district with a total investment of over 1 trillion VND (42.65 millionUSD) and the 140-ha Thuan Yen IP in Ha Tien district, with 1.2 trillion VND (nearly51.2 million USD).
TheThanh Loc IP focuses on processing farm produce and food, producing consumerproducts; mechanical products; handicrafts for export and hi-tech industrialproducts. Meanwhile, the Thuan Yen IP is for projects related to electronicsassembling, textiles and footwear production for export, consumer goods,construction materials, and handicrafts.
Theprovincial Party Committee and People’s Committee have given many incentives andaccelerated administrative reform to make it easier for enterprises and investorsto operate in the locality.
Notably, it takes only half a day to complete procedures for establishing a business.Other administrative procedures can be completed from 7-15 days.
Enterprises investing in Kien Giang are exempted from corporate income tax forthe first four years after their establishment and a 50-percent reduction forthe next nine years.
Kien Giang aims to mobilise 9.5 billion USD forsocio-economic development by 2020 and 45 billion USD by 2030.
It also targets becoming a well-developedlocality and a transportation and tourism service destination in the MekongDelta, and a development hub of the southern key economic region.
The province aims for an average Gross RegionalDomestic Product (GRDP) of 7.5-8 percent per year by 2020.
As of June this year, the locality attracted 41foreign investment projects from 19 countries and territories with a totalregistered capital of 1.44 billion USD, of which 37 percent has beendisbursed.-VNA
VNA
