Vinh Long and Can Tho Hold the Largest Investment Promotion Conference in 2018.

Vinh Long and Can Tho Hold the Largest Investment Promotion Conference in 2018.

Information at the quarter IV press conference 2017 on the afternoon of January 11,2018. Mr. Nguyen Khac Nhu, Deputy Director of the Department of Planning and Investment of Vinh Long province said: "Local investment promotion program has been approved by the Prime Minister, which is scheduled to take place in March 2018".

Investment in VIetnam - In the morning of the same day, the Can Tho City People's Committee presided over the meeting with relevant departments and agencies to review the policy mechanism and the list of investment invitations to prepare for the large scale promotion conference, chaired by the Prime Minister in the second quarter of 2018.

 Mr. Nguyen Khanh Tung, Director of Cantho Investment, Trade and Exhibition Fair said that according to the list of projects calling for investment was issued in May 2017, 13 of 27 projects are calling for investment in the normal form and 14 projects for in the form of public-private partnership (PPP). However, in reality, some projects need adjusting and supplementing the incentive mechanism in accordance with the requirements of investors, so it is necessary to issue a new investment list that is suitable to current conditions. Accordingly, the new list is expected to have 15 projects calling in the normal form with the estimated capital of US$ 1 billion and 16 projects in the form of PPP.

 "In particular, four priority projects calling for investment in 2018 are: infrastructure of industrial parks, hi-tech agricultural areas, concentrated information technology center and regional logistic center.

At the end of 2017, Can Tho City has attracted 77 foreign direct investment (FDI) projects with registered capital of nearly US$ 700 million and over 300 domestic invested projects with total registered capital of nearly VND70,000 billion


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