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Nghe An rolls out red carped for investors

Nghe An (VNA) – The central province of Nghe An unveiled a list to 75 projects for which it is seeking investors by 2010 at a promotional conference it organized in HCM City on Monday.
The projects are mostly in infrastructure, manufacturing and construction, agriculture, tourism, seafood, culture, education and public health.
Nguyen Van Chat, director of the province’s Planning and Investment Department, said priority would be given to industries that processed competitive advantages and stable markets, development of hi-technology, tourism, and services like consultancy, auditing, banking, and insurance.
The province has so far attracted foreign investment worth 220 million USD in 24 projects and domestic investment worth 2.57 billion USD in 180 projects.
The 90 million USD Nghe An Tate$Lyle Sugar Co ( Viet Nam ) is one of the largest foreign projects.
The 158 million USD Khe Bo Hydro-power Plant, 95 million USD Cua Lo Golf Course, and 99.5 million USD Sai Gon Brewery and Beverage Corp project are some local projects that are coming up in the province.
The province hoped to house these projects in various industrial parks.
The Nam Cam Industrial Park is the likely destination for steel rolling, metallurgy, motor vehicle assembly, chemicals, fertilizers, wood processing and leather footwear factories.
The 117 ha North Vinh IP is the preferred locating for factories making textiles, garment, and leather footwear for export, electronics, and handicraft and agro-industrial goods.
Phu Quy IP’s 120 ha could house agriculture, forestry and mineral processing animal, feed, and building material factories.
Chat said the province administration offered incentives for investment and speeding up administrative reform to create a favorable business environment.