The People’s Committee of the northern province of Hoa Binh will issue investment decisions on 11 projects at the provincial investment conference on December 11.

These projects have a total registered capital of VND11.314 trillion (US484 million), and include major projects such as the water processing and treatment factory project in Southest Ha Noi by Aqua One Water Joint Stock Company. This project has a total investment of VND3.04 trillion and a planned capacity of 600,000 cu.m of water per day.

At the same time, the province plans to sign 18 memorandums of investment with a total capital of about VND68 trillion, according to the provincial People’s Committee office chief Nguyen Van Thang.

The upcoming investment promotion conference aims to summarise the results of 15 years of investment while promoting the potential and advantages of the province to domestic and foreign enterprises in order to attract key projects to the locality.

From the beginning of this year, the province has seen 69 new investment projects, including two foreign direct investment (FDI) projects.

Till date, there are 544 projects in Hoa Binh Province, including 37 FDI projects with total registered capital of $502 million and 507 domestic projects with registered capital of nearly VND64.89 trillion.

In 2018, there were 450 newly registered enterprises with a total registered capital of VND7.5 trillion. By the end of 2018, there will be 2,800 enterprises in the province with a total registered capital of VND36 trillion. — VNS