On June 2nd, 2017 , Chairman of Quang Ngai Provincial People’s Committee Tran Ngoc Cang received a delegation from Ulsan (Korea), led by Mr. Seo Dong Wook, Head of Nam District, Ulsan, South Korea.
Representatives of Quang Ngai PPC and Ulsan signed the MoU.
On behalf of Quang Ngai PPC, the Chairman introduced to the deligation about Quang Ngai’s potential, strong points as well as opportunities in traffic infrastructure, especially the deep-sea port system in Dung Quat Economic Zone. It’s one of five seaside economic zones under priority support and investment of Vietnam’s Government. He also said that Quang Ngai has been a hot destination for investors. It has so far attracted 371 projects with a total investment capital of more than 8 billion USD. At the same time, Mr. Cang affirmed that Korea is the strategic investors of Quang Ngai province in the coming time; the sucessful cooperation between Quang Ngai and Ulsan will open many opportunities for Korean investors to Quang Ngai.
At the meeting, Mr. Seo Dong Wook, Head of the Nam District, Ulsan City, South Korea, expressed sincerely thanks to leaders of Quang Ngai Province for their warm reception. He affirmed that Ulsan will cooperate and support Quang Ngai province in terms of technology for small and medium enterprises.
At the event, the People’s Committee of Quang Ngai Province signed a memorandum of understanding (MoU) with Nam District of Ulsan on coordinating investment promotion and technical exchanges among small and medium enterprises in Quang Ngai province and Nam District.
Accordingly, It will support policies of training and sharing experience to promote technical exchanges among enterprises; coordinate and assist each other in investment promotion and exchange of information on laws, regimes and policies on investment incentives related to small- and medium-sized enterprises; assist them in seeking for business opportunities and investment in foreign countries.
Nam District will provide extensive information about Quang Ngai Province to enterprises in Ulsan City and Korean for them to survey and invest in Quang Ngai Province; promote exchanges and cooperation among small and medium enterprises; jointly develop tourism; support the development of science and technology; cooperate to deal with diffcuilties that enterprises are facing.
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