Nghi Son Economic Zone calls for investment

Thursday, 2013-10-24 11:18:37
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Deputy PM Nguyen Xuan Phuc at the event
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Nhan Dan/VNA – The Nghi Son Economic Zone (EZ) will become the locomotive for economic development in the northern central region, Deputy Prime Minister Nguyen Xuan Phuc said at an investment promotion forum on October 23.

He stressed that the EZ, situated 200km from Hanoi in the southern Thanh Hoa province, enjoys easy access by road, rail, sea and air. Thanh Hoa province is well positioned to expand trade with neighbouring provinces and the country at large. With an international border gate into Laos, the province can also reach out to other ASEAN member countries.

The Deputy PM affirmed that the Vietnamese government is committed to creating favourable conditions for foreign investors while continuously improving its infrastructure and legal system.

He noted that Thanh Hoa has emerged as the sixth most popular province in the country for foreign investors, with 43 foreign-funded projects worth US$12.3 billion. Of those, 15 projects, with capital layout approaching US$10 billion, are based in Nghi Son EZ.

Deputy PM Phuc went on to highlight the province’s comprehensive development efforts, including investment attraction policies like expedited site clearance for investment projects.

On the occasion, the Thanh Hoa provincial People’s Committee granted investment licences to 20 projects with total registered capital of over US$4.7 billion.