Ba Ria-Vung Tau calls for investment in four key areas

08:56 | 12/08/2016 Economy

The southeastern province of Ba Ria-Vung Tau on August 10 organised a conference in HCM City calling for investment in four major areas.

Ba Ria-Vung Tau calls for investment in four key areas

The four areas comprise hi-tech industrial projects with high added value, energy saving, environmentally friendly and highly competitive products; seaport logistics for Cai Mep – Thi Vai international transit port; high-quality tourism projects focusing on sea resort tourism, Meetings, Incentives, Conferences, and Events ( MICE ) tourism, high-quality ecotourism and spiritual tourism; hi-tech agricultural projects with processing facilities and agricultural mechanics.

The provincial authorities said the province would implement many incentive policies to encourage investment, simplify administrative procedures by implementing a “one stop shop” mechanism, and improve infrastructure.

Nguyen Van Binh, Head of the Central Economic Commission, urged the province to build breakthrough policies to develop industry, seaports, seaport logistics and tourism and boost linkages with provinces in the southern key economic zone.

Meanwhile, Deputy Prime Minister Trinh Dinh Dung said the province needs to further improve business and investment environment, perfect referential mechanisms and policies as well as create favourable conditions for investors.

On the occasion, the province signed four memorandums of understanding (MoU) in the fields of seaport infrastructure, transport and tourism with a total of VND50 trillion (US$2.24 billion)./.


Source: NDO/VNA