A view of Thanh Hoa City, Thanh Hoa Province. The province has 129 foreign direct investment projects with total registered capital of $14.2 billion. — Photo cafef.vn

About 34 projects with total capital of about VND350 trillion (US$15 million) are expected to receive investment decisions or investment agreements at Thanh Hoa Province’s investment promotion conference.

At the press conference held on Wednesday, the provincial People's Committee said this conference would run on Friday and Saturday in Thanh Hoa Province.

Nineteen of the 34 projects would receive decisions on approving investment policies or investment registration certificates while other projects would see the signing of investment agreements.

Nguyen Duc Quyen, permanent vice chairman of Thanh Hoa People's Committee, said the province always implements administrative procedure reform and activities attracting investment in its economic development strategy.

Thanh Hoa would also create the most favourable conditions for investors to gain investment efficiency in this province.

At the provincial investment promotion conference in 2017, 31 projects received investment decisions with total capital of about US$6 billion. Up to now, 15 of them are under construction while seven other projects are clearing ground. The total disbursed investment has reached about US$5 billion, reported the Nguoi lao dong newspaper.

So far this year, Thanh Hoa Province has nearly 16,000 enterprises in operation with a total of more than 2,200 direct investment projects and a total investment capital of about VND650 trillion. Of which, there are 129 foreign direct investment projects from 20 countries and territories with total registered capital of US$14.2 billion. — VNS