05/10/2019 08:39 GMT+7 Email Print Like 0

Tra Vinh lures 50 projects in nine months

The Mekong Delta province of Tra Vinh lured 50 investment projects in the first nine months of this year, including 47 domestically-invested projects worth over 6.2 trillion VND and three foreign-invested ones with a combined capital of more than 100.4 million USD.

According to Chairman of the provincial People’s Committee Dong Van Lam, since early 2019, the committee has planned to improve the local investment environment to make it more transparent and favourable for investors.

The committee has directed local authorized agencies and localities to focus on reforming administrative procedures, while advising the committee on the adjustment and supplementation of preferential mechanisms and policies to lure more investors, he said.

It also asked for the implementation of more drastic measures to improve the provincial competitiveness index, he added.

At the same time, the province has accelerated the formation of four industrial clusters, namely Sa Binh in Tra Vinh city, Tan Ngai in Chau Thanh district, Phu Can in Tieu Can district, and Hiep My Tay in Cau Ngang district.

Total area of the four clusters is nearly 144 hectares. Currently, the province is carrying out ground clearance and calling for investment in them.

Lam said thatthe province’s nine-month investment attraction saw good results as it lured large-scale projects and those in prioritized sectors, especially agriculture and rural areas.

Currently, Tra Vinh is now home to 344 valid projects, including 41 foreign-invested ones with a total capital of nearly 3.1 billion USD.
VNA/VNP