SERIES OF BILLION DOLLAR PROJECTS ABOUT TO MOVE INTO THE CENTRAL COAST MARKET

The North Central and Central Coast provinces are preparing to receive a huge capital source of more than 1.7 billion USD from a series of iron and steel projects, construction materials and technology development from businesses and corporations in the region. and abroad.

CONFERENCE ON DEVELOPMENT OF THE NORTH CENTRAL REGION AND CENTRAL COAST

February 5. Prime Minister Pham Minh Chinh chaired the Conference to deploy the Government’s action program to implement Resolution No. 26-NQ/TW dated November 3, 2022 of the Politburo on socio-economic development, ensuring defense and security of the North Central and Central Coast regions to 2030, vision to 2045 and regional investment promotion.

Memorandum of Cooperation signing ceremony between Binh Dinh Provincial People’s Committee and AHK Vietnam. Photo: Nhat Bac

With the theme “Linkage – Breakthrough from the marine economy – Fast and sustainable development”, this is a “3 in 1” conference with 3 main contents:

    • Exhibition of socio-economic development achievements and introduction of typical agricultural products of the Region;
    • Announcing and implementing the Government’s Action Program to implement Resolution 26 of the Politburo;
    • Investment promotion in the North Central Region and Central Coast.

The Prime Minister emphasized the concept of “cooperation and development” in attracting investment and appreciated the presence of many domestic and international investors and development partners at the Conference.

A SERIES OF TRILLION-BILLION PROJECTS INVESTED IN THE CENTRAL COASTAL PROVINCES

At the event, leaders of the Provincial People’s Committees awarded Investment Certificates and Memoranda of Understanding to domestic and foreign businesses and partners with 45 projects, total capital of more than 1.7 billion USD.

Specifically, Binh Dinh province awarded decisions approving investment policies for 3 projects:

  1. Long Son Hoai Nhon Iron and Steel Complex/ Investment in iron and steel factory (in Hoai My commune, Hoai Nhon town) with capacity of 5.4 million tons of steel/year, total investment capital of 56,257 billion VND.
  2. FPT Software Center for Research, Production and Training of Technology Experts Complex Project (FPT Software Company Limited, total investment capital of over 2,000 billion VND)
  3. Granite tile production project with a capacity of 18 million m3/year at the expanded Binh Nghi Industrial Cluster (Kamado Industry Joint Stock Company, total investment capital of more than 998 billion VND).
The North Central and Central Coast provinces are and are about to welcome a series of investment projects from large enterprises.

– Quang Ngai province also issued a decision approving the investment policy and approving the investor of the Hoa Phat Dung Quat high-quality rolled steel wire factory project, with a total investment of up to 3,200 billion VND.

– For Da Nang, the city will award a memorandum of understanding on research and development cooperation to the Military Industry and Telecommunications Group (Viettel) to implement projects in the field of information and communication technology with 3 projects in the fields of industry, biotechnology and information technology, with a total investment capital of over 6,000 billion VND.

– Also at the Event, localities such as Quang Binh, Thanh Hoa, Nghe An, Ninh Thuan, Khanh Hoa… will also award investment cooperation results, investment certificates and memorandums of understanding to 2- 3 projects/localities on this occasion.

Source: baochinhphu.vn

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