The central province of Phu Yen will organise an investment promotion conference on January 19 with the participation of some 350 foreign and domestic businesses.

The event aims to publicise Phu Yen’s advantages, potential and policies, as well as provide a platform to those sectors seeking investment until 2020, the provincial People’s Committee vice chairman Phan Dinh Phung told baodautu.vn.

He said the local authorities hoped to receive suggestions from foreign and domestic firms that can help Phu Yen to improve its investment and business climate.

The province is seeking investment in a wide range of sectors, including infrastructure, agro-forestry-fishery, textile and garments, energy, electronics, ICT, mechanical engineering, supporting industry and tourism, said Le Tan Ho, director of the provincial Department of Planning and Investment.

Latest reports of the Foreign Investment Agency reveal that Phu Yen has so far attracted 45 projects with foreign investment worth more than US$4.96 billion. This has helped Phu Yen rank 16 among 63 provinces and territories in terms of attracting foreign investment. — VNS