Quang Ngai gives nod to 14 projects worth over VND9 trillion

The authorities of Quang Ngai province have granted investment certificates to 14 projects, with a total investment capital of over VND9 trillion (US$396 million), at the province's investment promotion conference 2017 held on October 20.

Deputy Prime Minister Trinh Dinh Dung speaks at the conference (photo: baoquangngai)
Deputy Prime Minister Trinh Dinh Dung speaks at the conference (photo: baoquangngai)

This year's conference themed 'Quang Ngai - Investment Cooperation and Development' took place in Quang Ngai city in the presence of Deputy Prime Minister Trinh Dinh Dung, leaders from authorised agencies, as well as over 200 enterprises from both home and abroad.

"We pledge to create all favourable conditions, support and share difficulties with investors to turn Quang Ngai into a friendly, safe and successful destination for investors", Secretary of Quang Ngai provincial Party Committee Le Viet Chu stated.

Quang Ngai province has made significant improvements to its investment environment over the past few years with many incentives given to investors in conjunction with administrative reforms.

The province now has one economic zone, four industrial parks and 15 industrial-craft village complexes attracting investment in various areas.

In the near future, Quang Ngai will call for investment in areas of heavy industry, light industry, support industry, logistics services, seaport and maritime services, tourism and hi-tech agriculture.

The province expects to attract US$2.5-3.5 billion worth of investment in the Dung Quat Economic Zone and other industrial parks, as well as US$660 million in other areas in the 2017-2020 period.

Deputy PM Dung asked Quang Ngai to promote its potential of a sea-based economy and sea-based tourism, while improving its transport and urban infrastructure and the quality of its human resources.

He emphasised that Quang Ngai has Dung Quat Economic Zone, one of the 15 coastal economic zones in the country, in addition to a large fishing area of over 11,000 km2 and a 130 km coastline which provide Quang Ngai with huge potential and great advantages to develop a sea-based economy and tourism.