9 commitments of Quang Tri to investors

Monday - 25/06/2018 21:24
On the afternoon of April 17th in Dong Ha, the conference "Quang Tri Investment Promotion and Tourism Promotion 2016" was organized by Quang Tri Provincial People's Committee and Bank for Investment and Development of Vietnam (BIDV).
The conference was honored to welcome the Prime Minister Nguyen Xuan Phuc, leaders of ministries, departments, BIDV of Quang Tri Province and more than 450 delegates from domestic and foreign organizations, business associations, corporations and investors, diplomatic departments from many countries ....
The main topics focused in the conference included: investment promotion in economic zones, industrial zones associated with the development of East-West Economic Corridor; solutions to investment capital promotion in Quang Tri province; tourism development with spiritual tourism and the revolutionary historical monuments, island tourism; linking Quang Tri tourism with the Central provinces and localities on the East-West Economic Corridor (EWEC).
Making the opening speech, Mr. Nguyen Van Hung - Secretary of Quang Tri provincial Party Committee - emphasized: "The conference is organized with the desire and expectation to create a forum for managers, scientists, researchers, investors, businesses, international organizations to exchange ideas, discuss, identify the potential, advantages, opportunities to invest in Quang Tri - a gentle but very proud land which has been chosen to be the capital for 3 times. Quang Tri has a political-economic location, heroic National Route 9; which starts the EWEC and which is located on the important traffic axis of the country. Quang Tri needs the cooperation of businesses, entrepreneurs and investors. We need to propose mechanisms, policies and solutions to create a good environment to attract investment and mobilize resources for socio-economic development and tourism promotion".
Specifically, Mr. Nguyen Duc Chinh - Chairman of Quang Tri People's Committee - said that over the past years, with the drastic guidance of provincial leaders and efforts of all levels, the business - investment environment and Provincial Competitiveness Index (PCI) in Quang Tri has witnessed positive changes. Currently, the province has built an attractive, favorable, open, transparent and friendly investment environment for investors to attract all resources for socio-economic development. In the period of 2011 - 2015, Quang Tri attracted 262 domestic and foreign investment projects with a total registered capital of 50,300 billion VND, including 14 foreign direct investment projects (FDI) with a total investment of nearly 10,000 billion VND, 248 domestic investment projects with total registered capital of nearly 49,330 billion VND. Every year, domestic and foreign investment projects have created new jobs for about 2,000 workers.
In particular, in the first four months of 2016, there were 15 investment projects with a total capital of more than 10 trillion VND, some of them have the capital of more than 1 trillion VND. He asserted: “If the enterprises develop, Quang Tri will develop”.So, Quang Tri Provincial People's Committee has made 9 commitments to investors on administrative procedure reform, land clearance, clean land fund, human resources, foreign workers recruitment, willingness to meet investors any time (including holidays and time off)... "Leaders of Quang Tri Province committed that businesses, entrepreneurs, investors will be supported wholeheartedly and effectively with breakthroughs in thinking, action, administrative reform, the investment - business environment improvement.
Addressing the conference, Prime Minister Nguyen Xuan Phuc said that Quang Tri has four strengths that many other localities in the region do not have. They are convenient transportation; deep water port My Thuy which is located on the axis of East West Economic Corridor; many historical sites and heritage; people with tradition of resilience, indomitable spirit, creativeness. the Prime Minister emphasized specific solutions to develop the province. That is focusing on regional links, including actively developing the East-West Economic Corridor, creating a favorable investment environment for investors and businesses, good human resources. Especially, besides the attention and assistance of the central government, organizations and enterprises, Quang Tri needs to be progressive and raises the sense of initiative to develop. Because "the ultimate goal is the benefit of the people, we can not leave Quang Tri and the people hunger forever," Prime Minister Nguyen Xuan Phuc said.
At the conference, delegates listened to ideas of economic experts, domestic and foreign enterprises about the potential, advantages and proposed mechanisms, policies and solutions to create a favorable investment environment in Quang Tri. At the end of the conference, Quang Tri province approved the decisions on 17 projects, with a total investment value of nearly 10,000 billion VND. As a sponsor, a unit arranging capital for investment projects, BIDV has signed three credit agreements and two project financing agreements with investors.
The conference also witnessed the signing of investment agreements and the signing of a memorandum on funding for the scientific research program to develop the project “Quang Tri Socio-Economic Development Master Plan to 2025, Vision to 2050".

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