PM calls long- term investment projects in Binh Thuan

Vietnamese Prime Minister Nguyen Xuan Phuc yesterday presided over a conference on investment boosting in Binh Thuan, calling on long- term investment projects in Binh Thuan.

Vietnamese Prime Minister Nguyen Xuan Phuc speaks at the Binh Thuan Investment Promotion Conference

Vietnamese Prime Minister Nguyen Xuan Phuc speaks at the Binh Thuan Investment Promotion Conference

Vietnamese Prime Minister Nguyen Xuan Phuc yesterday presided over a conference on investment boosting in Binh Thuan, calling on long- term investment projects in Binh Thuan.

 450 domestic & foreign investors and enterprises also attended in the conference.

Accordingly, Binh Thuan attracted around 34 investment projects with total capital of VND 126 trillion via the investment promotion conference. 

At the conference, the south- central province hoped that domestic & foreign investors and organizations will continue paying their attention, and investing into industry, agriculture and commercial service of the locality. 

Development of stable green tourism, energy creation and high- technological industrial application have been defined as three major factors to boost economic development of the locality. 

The participants also suggested the government as well as local authorities of Binh Thuan need to issue practical solutions to solve difficulties and challenges about capital resource, energy prices and financial and technological solutions etc etc… 

To feedback ideas from the investors, Prime Minister Phuc said that the government had preferential mechanisms to encourage solar power grid-connected project in Vietnam with a price of VND 2,086 per kilowatt hour (kwh) (equivalent to 9.35 UScents/kWh).

As soon as receiving the price, many investors arrived in Binh Thuan to seek new investment opportunities for the fresh energy. 

The PM stressed that Binh Thuan need to focus on expanding dragon fruit farms in combination with sea economy to develop local economy; and he also called on small- medium enterprises and investors should have long- term business strategies in the coastal province. 

At the conference, Binh Thuan offered investment licenses for 14 projects with total capital of VND 43 trillion, and signed an agreement to memorize 20 investment registration projects with total capital up to over VND 83 trillion.














By Nguyen Tien- Translated by Huyen Huong

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