Nghe An province calls for investment in 117 projects

The central province of Nghe An called for investment in 117 projects ranging from infrastructure and industry to agriculture and services until 2030 at a conference held on September 20 in Ho Chi Minh City.

Nghe An leaders speaking about the province's potential at the conference (Photo: VGP)
Nghe An leaders speaking about the province's potential at the conference (Photo: VGP)

In the short term, the province would like to attract investment in 38 key projects worth an estimated VND45 trillion (US$1.935 billion) in total.

Speaking at the conference, Nghe An Chairman Thai Thanh Quy stated that the province’s business climate has continually improved in recent years, ranking 19th in competitiveness and 4th in governance and public administration performance among 63 provinces and centrally-governed cities.

He told the conference that during the 2014-2018 period, Nghe An attracted 690 investment projects with a total capital of VND143 trillion (US$6.15 billion).

Quy emphasised that the province still has much room for further growth and that it wishes to see more enterprises and investors do business in Nghe An.

The Nghe An leader made a commitment to create the most conducive environment for investors, considering their success as a measure of the provincial government’s performance.

At the conference, representatives of the Nghe An Investment Promotion and Support Centre introduced the province’s potential, comparative advantages and preferential policies.

The province currently boasts one coastal economic zone and 11 industrial parks with Bac Vinh as the only industrial park to have the occupancy rate of 100%.