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CENTRAL PROVINCE ATTRACTS $5.8B
The central province of Quảng Nam granted 26 new foreign direct investment (FDI) projects with total captial of nearly US$300 million in 2018, bringing the total number of FDI projects in the province to 169, worth $5.8 billion.
Vice chairman of the provincial people’s committee, Huỳnh Khánh Toàn, held a press conference on Wednesday, stating that the province also granted investment licences to 64 domestic investment projects worth VNĐ6 trillion ($265 million) in total.
He said most of the major projects are based in the Chu Lai Open Economic Zone (OEZ), creating 21,000 jobs for local and neighbouring provinces.
Toàn said the province has developed 55 industrial complexes and nine industrial parks to offer investment opportunities.
The province, which is home to UNESCO-recognised world heritage sites such as Hội An and Mỹ Sơn Sanctuary, as well as world biosphere reserve Chàm Islands-Hội An, hosted 6.5 million tourists, of which 3.8 million were foreigners, marking growth of 21.5 per cent over last year.
Windsor Plaza Hotel is presenting the wonders of Malaysia from 5 to 14 July during the Malaysian Culinary and Product Fair at Café Central An Dong. At its nightly dinner buffet, diners will be introduced to traditional dishes and product display, and a lucky draw with nightly prizes and a spectacular grand prize.
Ha Noi has been pushing ahead with administrative reforms and improvement of the investment environment, as well as taking measures to ease difficulties for businesses, especially administrative procedures, he said.
According to Harry Zhuo, general director of Foxconn Vietnam, Quang Ninh is a promising investment destination for numerous global groups due to its synchronous and modern transport infrastructure system, and Foxconn also wants to take advantage of its favourable investment environment.
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To date, DEEP C has attracted 100-plus projects funded by multinational enterprises from USA, Japan, Germany, South Korea, etc. with a total investment of over US$3.5 billion. Prominent investors in DEEP C include Bridgestone, JX Nippon Oil & Energy, Chevron, PV Oil, C. Steinweg and Flat Group.