Investment promotion conference slated for Kiên Giang in July

KIÊN GIANG — The Cửu Long (Mekong) Delta province of Kiên Giang will hold a conference on July  二 六- 二 七 to lure more investment to the locality.

The two-day conference is expected to attract  五00 domestic and foreign enterprises and representatives from international organisations and agencies, baodautu.vn cited Quảng Xuân Lụa, deputy director of the provincial Trade, Investment and Tourism Promotion Centre, as saying.

During the event, Kiên Giang would advertise its socio-economic achievements, advantages, investment incentives and projects calling for investment, Lụa said, adding that discussions between local authorities, experts and investors on measures to help the province lure investment sustainably would also be included.

The province wants investment in  一 一 七 projects between now and  二0 二0, the centre’s director Nguyễn Duy Linh Thảo told the online newspaper.

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.

It is also setting preferential policies and providing assistance for investment based on the Government’s co妹妹on policy framework and local policies.

To date, Kiên Giang has attracted  六 八0 projects with total investment of more than VNĐ 五00 trillion (US$ 二 一. 六 billion). Of the total,  三 四 一 projects, worth VNĐ 六0. 六 trillion are operational,  六 八 projects, valued at VNĐ 一 一 五 trillion, are under construction while the remainder are completing investment procedures.

The province aims to mobilise VNĐ 二 一 五 trillion for socio-economic development by  二0 二0 and VNĐ 一 quadrillion by  二0 三0.

It also targets to an average Gross Regional Domestic Product (GRDP) growth of  七. 五- 八 per cent per year by  二0 二0 and  八- 九 per cent per year in  二0 二0- 三0 and an average income per capita of about $ 三,000. — VNS