Quang Binh to hold investment conference

Saturday, Aug 25, 2018 10:42

Bao Ninh Peninsula, Dong Hoi City, Quang Binh Province has been attracting investors. - Photo baodautu.vn

The central province of Quang Binh will hold an investment conference on August 26 and 27 at the Sun Spa Resort in Dong Hoi City.

Prime Minister Nguyen Xuan Phuc will attend and chair the conference that is expected to attract more than 500 participants, according to the provincial People’s Committee.

The province plans to issue investment certificates and sign cooperation agreements for 66 projects with total capital of VND162.25 trillion (US$7.05 billion).

Investment certificates will be issued for 36 projects run by 23 investors with total investment capital of over VND29.7 trillion. At the same time, investment cooperation agreements for 30 projects will be signed with 24 investors with total investment of VND132.5 trillion. The projects will focus on tourism, industry, agriculture and infrastructure development.

Dinh Huu Thanh, director of the provincial Planning and Investment Department, said the conference would introduce the area’s investment potential and opportunities, as well as investment promotions in the province.

This event would include meetings between provincial authorities and enterprises to facilitate investment and business cooperation in the province, he said.

At the press conference, representatives of provincial authorities and departments talked about the advantages and disadvantages of investment promotions in Quang Binh, and key areas that needed investment.

Vice chairman of Quang Binh People’s Committee Tran Tien Dung said the province would create favorable conditions for investors to conduct efficient and sustainable development.

The provincial People’s Committee has also held an investment promotion conference in the Philippines, a meeting for potential investors in Ha Noi and an investment promotion conference in Singapore. - VNS

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