Hau Giang calls for investment

The People’s Committee of southern Hau Giang Province granted 11 investment licences to investors and signed memorandum of understandings with others totalling VND34.8 trillion (US$1.93 billion).

This was announced at the “Hau Giang – potential for investment and development” seminar-held last Saturday on the occasion of the first national Rice Festival in the province. It attracted the participation of about 200 local and foreign economists, officials and businesses.

Among the projects are the Song Hau Thermopower Centre, with an investment capital of VND30 trillion, and a hi-tech zone worth VND900 billion.

A further 10 companies have been negotiating with the provincial authorities to invest an additional VND7.2 trillion.

The provincial deputy chairman Nguyen Van Thang said Hau Giang was looking for further investment in farm produce and seafood processing, as well as services, trade and tourism.

Hau Giang has industrial zones close to the Hau River and Can Tho City that are convenient for road and waterway transportation, he added.

Once the poorest province in the country, it has now attracted billions of dollars in infrastructure projects and attracted 1,500 enterprises and projects worth VND40 trillion.

Thang said that Hau Giang committed to offering preferential policies and creating favourable conditions for entrepreneurs to invest in the province.

Deputy Minister of Planning and Investment Nguyen Bich Dat said the province should focus on offering preferential policies for investors that focused on sustainable economic development.

VietNamNet/Viet Nam News

Tags: Vietnam investment