Hai Phong reiterates dedication to truthful funding, enterprise setting | Enterprise

Hai Phong reiterates commitment to fair investment, business environment hinh anh 1Vice Chairman of the municipal Individuals’s Committee Le Anh Quan speaks on the assembly. (Photograph: VIR)

Hai Phong (VNA) –
Hai Phong administration stays
dedicated to making a beneficial and truthful setting for overseas traders,
together with these from the Republic of Korea, an official of the northern port
metropolis mentioned on August 16.  

Vice Chairman of the municipal Individuals’s Committee Le Anh Quan made
the pledge at a gathering with home and Korean companies held by the
municipal Division of Planning and Funding.

He famous that Hai Phong has been among the many prime locations for
overseas direct funding for a number of current years.

The town by far is residence to 827 legitimate FDI tasks with complete registered capital
of almost 24 billion USD. The RoK is a strategic funding accomplice of Hai
Phong, sustaining its place as the highest overseas investor within the metropolis for
years. The LG group alone has poured 7.24 billion USD in a posh of factories
at Trang Due Industrial Park.   

In accordance with Director of the Division of Planning and Funding Nguyen Hoang
Lengthy, Hai Phong has set a goal of attracting 11 billion USD in FDI throughout the
2021-2025 interval. The town provides precedence to traders with good capability and
expertise, and needs to attract funding in native spearhead sectors and
tasks utilizing trendy and environmentally-friendly applied sciences.

Hai Phong additionally encourages FDI tasks to interact in worth chains with home enterprises
and enhance the native content material of their merchandise, Lengthy mentioned.

The assembly offered a venue to Vietnamese and Korean companies
to immediately meet and talk about cooperation prospects. Representatives from
the municipal administration took the event to hearken to and reply to
companies’ questions and issues.

Plenty of native enterprises and traders reached MoUs on funding and
enterprise cooperation on the assembly./.


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