Chinese businesses eye investment in Quang Ninh

Many businesses from Guangdong, China, gathered at a meeting on August 14 to learn about investment environment in Vietnam’s northern province of Quang Ninh.

Deputy Chair of the Quang Ninh provincial People’s Committee Do Thong briefed the participants on the province’s advantages and social-economic development.

A number of large Chinese groups, including Lilai, Hongyun and Tex Hong, have already poured hundreds of millions of US dollars into the province, he said.

Thong called for investment in the $610 million road linking Ha Long city to the Hanoi-Hai Phong highway and the 709.ha Phuong Nam industrial zone focused on machinery, electronic and garment, manufacturing and post-harvest processing.

Quang Ninh provincial leaders also answered the businesses’ questions regarding project licensing procedures, land policies and preferential conditions for investors involved in mineral exploration and tourism.

http://english.vov.vn/Home/Chinese-businesses-eye-investment-in-Quang-Ninh/20128/141033.vov

 

Category: Economy