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Quang Ngai – Accompanying with Enterprises

That’s the theme of The Quang Ngai Investment Promotion Conference 2019 was officially held in the afternoon of July 2nd . The Prime Minister Nguyen Xuan Phuc attended and spoke at the conference.

Prime Minister Nguyen Xuan Phuc speaks at the conference.

Attending the conference were former President Tran Duc Luong; Chief Justice of The Supreme People’s Court of Vietnam Nguyen Hoa Binh; Minister of Industry and Trade Tran Tuan Anh; leaders of ministries and central branches; Member of the Party Central Committee, Secretary of the Provincial Party Committee, Head of the Delegation of the National Assembly in Le Viet Chu; Chairman of Provincial People’s Committee Tran Ngoc Cang; comrades in the Provincial Standing Committee, leaders of departments, branches, districts and cities in the province and more than 500 domestic and foreign enterprises.

Speaking to open the conference, Chairman of the provincial People’s Committee Tran Ngoc Cang said that Quang Ngai has 581 investment projects with a registered capital of about 12 billion USD; in which, 63 FDI projects with registered capital of over 1.8 billion USD.

With the potential and strength of Quang Ngai, in the coming time, the province’s orientation is to focus on attracting projects in the fields of industrial parks, supporting industries, petrochemical and chemical industries, high-tech agriculture, urban infrastructure, tourism services, exploitation of aquaculture, etc with advanced technology; At the same time, to encourage the attraction of socialized investment projects in the fields of health, education, environment, culture and sports.

Currently, the province is continuing to focus on implementing strategic breakthroughs, restructure the economy in association with innovation of growth model, improving productivity, efficiency and competitiveness of the economy; At the same time, to implement the Government’s and Prime Minister’s determination to create a better investment and business environment, improve the national competitiveness and create favorable conditions for enterprises to develop and promote socio-economic development.

The conference attracts more than 500 participants.

Mr. Cang emphasized that: “Through this investment promotion conference, Quang Ngai province wishes investors, corporations, domestic and foreign enterprises to seek opportunities for cooperation and investment in Quang Ngai where having a lot of favorable conditions for investors and businesses to be assured of long-term business.”

At the conference, a number of investors, the enterprise also stated the advantages and shortcomings that need to be overcome as well as recommendations for Quang Ngai province and the ministries and central agencies on mechanisms and policies in order to create the most favorable conditions for domestic and foreign investors in exploiting the potentials and strengths, especially the province-specific strengths, etc.

Speaking at the conference, Prime Minister Nguyen Xuan Phuc said that the investment promotion conference especially attracted many investors and enterprises, including many young businesses representing the Young entrepreneurs.

Prime Minister Nguyen Xuan Phuc witnesses the signing of cooperation between Quang Ngai province and Hoa Phat Group.

The Prime Minister said that is the economic geography, infrastructure capital, natural capital, cultural capital and especially human capital are 5 major capital sources that Quang Ngai should develop and take advantage of.

He also suggested Quang Ngai province to focus on solving difficulties for businesses, promoting transparency, accountability, supporting labor training for the future force. Quang Ngai province needs to affirm and be consistent with the viewpoint of attracting investors. Attracting large-scale investors is very valuable, but nurturing small investors growing up is much more valuable.

The Government wants businesses and investors who have memorandums of understanding, investment cooperation frameworks to soon implement their commitments. The Prime Minister is aware that investors have begun to realize their ideas without waiting for today’s promotion conference. It is because business opportunities cannot wait.

Provincial leaders award investment certificates to investors.

At the conference, under the Prime Minister Nguyen Xuan Phuc witness, Quang Ngai Provincial People’s Committee signed a strategic cooperation agreement on development investment between the People’s Committee of Quang Ngai Province and Hoa Phat Group; awarded investment policy decisions and investment registration certificates for 15 projects with a total investment of VND 14,532 billion; awarded investment recognition for 5 other projects with a total investment of 3,640 billion VND.

By T.Giang

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