Investment conference opens in Quang Ninh
They include a US$47 million project to build a flour mill by Vietnam-based VFM-Wilmar Flour Mills Co, Ltd, a US$182 million project to invest in building infrastructure of Hoanh Bo industrial park by Geleximco Group, and a US$43 million project to build Lam Ngoc villa complex by Tuan Chau Group.
In addition, the province also signed memorandums of understanding to cooperate with the Lao province Luong Pha Bang, Vietnam Airlines, FPT joint stock company, the military-run Viettel company, and banks such as Bank for Foreign Trade of Vietnam (Vietcombank) and Vietnam Bank for Industry and Trade (Vietinbank).
The same day, the province introduced nearly 20 investment projects in such fields as tourism and entertainment, ports, border gates, infrastructure, training, and supply of high quality human resources.
Pham Minh Chinh, Secretary of the provincial party committee affirmed that the local authorities help iron out snags by boosting administrative reforms, offering incentives, and creating favourable conditions for businesses to seek investment opportunities and effectively implement projects in the province.