09:32 | 10/10/2016 Investment
Nghe An Central Province published a list of projects calling for investment for the period 2016 – 2020, including 10 infrastructure projects, nine industry – construction projects, four agriculture projects and 17 tourism, trade and service projects.
Construction site on Yen Xuan bridge - Photo: baonghean
Projects included on the list are the construction of breakwater dyke and shipping lanes for Cua Lo seaport zone with a total investment of nearly 1.4 billion VND (61 million USD) and a 500 billion VND (22 million USD) food processing project in Nam Cam and Nghia Dan Industrial Zone.
The Mount Quyet gardening tourism zone and Khe Hem Waterfall projects, worth 1 billion VND (44 million USD) each, are also on the list.
Domestic investment makes up a majority of investment sources with 92.67 percent from 2014 up to now, according to the provincial People’s Committee.
The invested projects mainly focus on industry, trade and services areas. The agriculture sectors and rural development have received little attention.
Nghe An attempted to tackle the issue by improving the investment climate by supporting investors and taking measures to lift provincial competitiveness.
In agriculture, the province helped big projects remove obstacles, including land clearance, and implemented materials zone for processing./.