Tien Giang works to support enterprises

14:26 | 29/10/2017 Economy- Society

The Mekong Delta province of Tien Giang will actively provide legal support and disseminate legal regulations related to the investment law, business climate and labour in order to help local firms promote production and business in the remaining months of the year. 

tien giang works to support enterprises
An aquatic product processing factory in My Tho Industrial Park - Photo: VNA

According to Nguyen Thanh Liem, deputy head of the provincial Industrial Zones Management Board, the province will speed up administrative reforms and promptly remove difficulties facing businesses in investment attraction and production expansion.

The locality also has priority policies for companies investing in seafood processing for export and food processing for domestic consumption and export, he said.

Local industrial zones (IZs) have lured 91 investment projects with total registered capital of nearly 3.7 billion USD and created jobs for more than 82,000 labourers.

From the outset of the year, production value of businesses based in the IZs reached over 41.8 trillion VND (1.8 billion USD), a year-on-year increase of 17 percent.

Their export revenue stood at over 1.5 billion USD, hiking 26 percent from the same time last year and the strongest growth so far. Tien Giang is currently home to four industrial zones, namely My Tho, Long Giang, Tan Huong and Soai Rap Oil and Gas Services.

Theo VNA