Dong Thap calls for 55 investment projects

Dong Thap Province has the great potential for attracting investments in development in human resources, agriculture, processing industry, trading, services and tourism, said Deputy Prime Minister Nguyen Sinh Hung at a Saturday investment promotion workshop for the Mekong province.

Thap Muoi, a large market in Dong Thap

Addressing the meeting, held in HCM City , Mr. Hung appealed to businesses nationwide to join hands with the Party, government and people of Dong Thap to make more investments in the province to promote economic growth and ensure social security.

Dong Thap Province People’s Committee chairman Truong Ngoc Han spoke about the potential and strengths of the province by pointing out that Dong Thap is an agricultural province with 337.4 thousand hectares of fertile land available for rice and fruit cultivation. It also has 5,000 hectares of water favorable for investments in aqua farms.

At present, the province has outlined the building plans for three industrial zones covering approximately 930 hectares. It is calling for investments in 55 projects worth nearly VND4 trillion.

In an effort to attract investment, Mr. Han announced that municipal authorities will offer a number of incentives related to corporate income tax, infrastructure and land rent to foreign and local investors.

HCM City People’s Committee chairman Le Hoang Quan encouraged businesses and investors in the city to invest in Dong Thap, and pledged that he will try his best to help the province lure investments by sharing his own related experience.

He added that the city government will draft favorable policies to allow companies and investors in the city to join development projects in the province.

At the workshop, eight companies have registered their investments in Dong Thap with total investments worth VND3.5 trillion. Among them are Vietnam Northern Food, Petro Vietnam Fertilizer and Chemicals, and Southwest Region Investment.

Many businesses also contributed money to Dong Thap Province’s Social Welfare program at the workshop.

Sources: SGGP, Vietnam News Agency; translated by Phuong Lan

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