Kien Giang to organize investment promotion conference this month
18:10 | 05/07/2019
VGP - The Mekong Delta province of Kien Giang will host an investment promotion conference on July 26 and 27 to introduce its economic development achievements and potential, as well as policies on investment attraction. 

Deputy Director of the provincial Center for Trade, Investment and Tourism Promotion Quang Xuan Lua said the conference is expected to attract 500 domestic and foreign enterprises and representatives from international organisations and agencies.

During the event, Kien Giang would introduce its socio-economic achievements, advantages, investment incentives and projects calling for investment, Lua said.

Discussions between local authorities, experts and investors on measures to help the province lure investment sustainably would also be included, he added.

The province has invested to complete infrastructure for transport, electricity grids, water supply and a drainage systems, and is continuing administrative reforms, all in an effort to woo investors.

In addition, the city setting preferential policies and providing assistance for investment based on the Government’s common policy framework and local policies.

The province wants to call investment in 117 projects through 2020, said Nguyen Duy Linh, Director of the local Center for Trade, Investment and Tourism Promotion.

So far, Kien Giang has attracted 680 projects with total investment of more than VND 500 trillion (US$ 21.6 billion). Of the total, 341 projects, worth VND 60.6 trillion are operational, 68 projects, valued at VND 115 trillion, are under construction while the remainder are completing investment procedures.

By Vien Nhu

                                                                                                    

 

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