Kien Giang calls for investment in 55 projects during 2021-2025

Friday, Oct 08, 2021 09:18

A production line of the Thai Binh Shoe JSC at the Thanh Loc IZ in the Mekong Delta province of Kien Giang. — VNA/VNS Photo Hong Dat

The Mekong Delta province of Kien Giang has approved a list of 55 projects calling for investment in the 2021-25 period, with total needed capital amounting to over VND20.6 trillion (US$910 million).

The projects are in various areas, from industrial park infrastructure, electronics, plastics, wood, agro-fishery processing, for-export leather and footwear, to housing, culture, sports and tourism, waste treatment and water supply.

Several projects in trade and the environment are also seeking investors.

Among the projects, the biggest one aims to build housing for workers on an area of 60 hectares in Chau Thanh District at an estimated cost of nearly VND3.7 trillion.

Another project is inviting investors to build technical infrastructure for the 210.5-ha Xeo Ro industrial park in An Bien District, with costs estimated at VND3.61 trillion.

The province will publicise the list and detailed information on the projects, along with incentives and policies for potential investors.

The provincial administration will continue to intensify administrative procedure reform with a view to creating an open and favourable environment for investors.

Nine-month export earnings rises

Kien Giang Province earned over $526 million in export value in the first nine months of 2021, meeting over 70 per cent of the year’s plan and posting a year-on-year rise of nearly 2 per cent, according to the provincial Department of Industry and Trade.

Accordingly, shipments of rice raked in $181.28 million, seafood $172.76 million, leather footwear $84.25 million and others $78.2 million.

The province’s trade via Ha Tien and Giang Thanh international border gates was valued at over $90 million in the period, of which exports expanded nearly 10 per cent compared to the same period last year to $55.11 million.

Despite difficulties brought by the ongoing pandemic, the province aims to post an export turnover of more than $203 million in the fourth quarter so as to bring the total to $730 million for the whole year, up 7 per cent compared to the previous year.

To realise the target, relevant agencies are asked to keep a close watch on the situation at home and abroad, with a focus on markets of countries that have brought COVID-19 under control and high demand for goods at the end of the year, especially major celebrations.

It will also continue helping local firms roll out COVID-19 preventive measures and vaccination for workers, and send outstanding products to international trade fairs. — VNS

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