Tra Vinh draws over VND205 trillion worth of investment

Domestic and foreign investors have signed a memoranda of understanding on 19 investment projects worth over VND205 trillion (US$8.84 billion) in the Mekong Delta province of Tra Vinh at an investment promotion conference held by the province on January 15.

PM Nguyen Xuan Phuc attends the investment promotion conference in Tra Vinh. (Photo: VGP)
PM Nguyen Xuan Phuc attends the investment promotion conference in Tra Vinh. (Photo: VGP)

At the event, the provincial People’s Committee also granted investment certificates for five projects worth more than VND5.3 trillion.

Addressing the event, Prime Minister Nguyen Xuan Phuc said Tra Vinh has gained strong economic developments over recent years, especially in regards to calling for investment, which will inspire the Mekong Delta to develop high-tech agriculture.

He suggested local authorities enhance coordination with ministries and other localities in the Mekong Delta for further stronger growth.

Tra Vinh should make use of its advantageous location as the gateway of the Mekong Delta facing the East Sea to develop its sea-based economy, seaports, hi-tech agriculture, processing industry, mechanical engineering, shipbuilding, supporting industry, logistics, eco-tourism, spiritual tourism, and marine tourism, the Government leader said.

The PM added that the Government will have proper policies and mechanisms for the Mekong Delta and particularly Tra Vinh to enable the region to mobilise all resources and improve the investment environment as well as secure the cooperation and support of donors and investors both home and abroad.

Secretary of the provincial Party Committee Tran Tri Dung said Tra Vinh commits itself to creating all possible conditions for businesses to make sound investments in the province.