Thanh Hoa calls for more investment

Tuesday, Oct 15, 2013 16:05

THANH HOA (Biz Hub) — An investment promotion forum will be held in the central province of Thanh Hoa from October 23-24 to call for investment in Nghi Son economic zone and adjacent areas.

Deep-sea ports in the Nghi Son economic zone in the central province of Thanh Hoa. An investment promotion forum will be held in the province this October to call for more investment. Photo

Participants will be provided with information on the province's economic development strategy, policies and mechanisms to call for investment, as well as the potential and advantages of the economic zone.

The provincial people's committee will sign co-operative agreements with investors and grant investment certificates. Total investment is expected to reach up to US$4 billion.

The opening ceremony of the Nghi Son oil refinery complex will be held on October 23 with total investment of more than $9 billion, which is the largest foreign direct investment (FDI) project in Viet Nam so far.

The economic zone, established in 2006, is located in Tinh Gia District and covers an area of 18,600 ha. With support from the government, the province has built infrastructure for the zone such as sea ports, roads, and power and water supplies.

Investment certificates have been granted to 70 projects in the zone, including 63 domestic projects with total investment of $4.48 billion, and seven foreign ventures with total investment of $9.78 billion. — VNS

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