The Mekong Delta Investment Promotion Conference was held on November 25 in Vinh Long Province to call for investment for 138 projects in the region.
These projects have a total investment of more than VND416,000 billion and US$1.89 billion.
The conference is a remarkable activity in the 2013 Mekong Delta Economic Cooperation Forum (MDEC Vinh Long 2013).
Mekong Delta’s potentials
The Mekong Delta, including 12 provinces and a city, holds a crucial position in the nation’s socio-economic development strategy.
As of September 2013, the region has had 802 valid projects, totaling around US$11 billion and total Official Development Assistance (ODA) of US$4 billion.
Besides, the Government has paid due attention to promote the regional development through investing in infrastructure, harbors and energy.
The region has made an annual growth rate of 12%, and a GDP that rose 3.5 times and a GDP per capita that jumped 2.5 times from 10 years ago.
The conference created a space for investors and businesses to discuss policies, potentials and investment opportunities as well as figure out obstacles and difficulties to promote investment for the region, said Chairman of the Vinh Long Provincial People's Committee Nguyen Van Diep.
The event will open new chances to advertise and introduce potential and advantages of the region and assists investors in getting access to crucial projects and acknowledging preferential mechanisms and policies.
At this conference, Can Tho City and provinces of Bac Lieu, Ben Tre, Ca Mau, Dong Thap, Hau Giang, Kien Giang, Long an, Soc Trang, Tra Vinh and Vinh Long granted investment certificates for 26 projects, worth VND6,000 billion and US$93 million.
Government and localities stand side by side with businesses
Deputy PM Vu Van Ninh highlighted efforts of investors in pouring VND7,000 billion in promoting their business in the region.
He asked businesses quickly launch their projects after being granted with investment certificate, adding that the local authorities and Government will always work with businesses to guarantee their rights.
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