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Binh Dinh set to promote investment
Date: 1/20/2010 11:19:48 PM
A conference on Binh Dinh’s investment in 2010 was held in Quy Nhon City on January 20, drawing the participation of hundreds of major economic groups and domestic and foreign businesses.

In his speech, Deputy Prime Minister Hoang Trung Hai praised provincial leaders’ efforts to organize this conference to demonstrate the great potential and advantages of Binh Dinh, which is one of the five central key economic regions.

Mr Hai said provincial leaders should effectively mobilize social investment capital source and perform land clearance for investors. “The provincial Party Organisation and administration should create the best possible conditions for businesses and regard the businesses’ success as their success,” he said.

The Deputy PM also asked ministries and sectors to help Binh Dinh attract more investment.

At the conference, 22 projects were licensed for operation and investment contracts were signed with a total investment capital of more than VND26,000 billion. Shortly beforehand, the Khang Thong Construction Trading Service Joint Stock Company broke the ground on a project worth more than VND4,000 billion to build a non-tariff area and industrial park coupled with a deep sea port on a 600 ha area in Nhon Hoi economic zone. The project is scheduled for completion in 2013.

Chairman of the Binh Dinh provincial People’s Committee, Nguyen Van Thien said in 2010, Binh Dinh will focus on improving investment conditions to lure more domestic and foreign investment. The relevant agencies should finalise planning for land use to facilitate investors’ operations, Mr Thien added.

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