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Feb 16, 2014 / 13:33

NA chairman meets investors

More than 600 domestic and foreign businesses have gathered at a February 15 meeting in Nghe An Province presided over by National Assembly (NA) Chairman Nguyen Sinh Hung.

This is the sixth time Nghe An has hosted such a meeting, convened to call for more investment in the interests of socio-economic development.

The province has managed to attract a large number of both domestic and foreign investors thanks to its advantageous geographical position, abundant natural resources, and skilled labour force.

Nghe An’s more than 600 investment projects have a combined capitalization exceeding VND100 trillion. Many of the projects use advanced technologies, contributing to provincial socio-economic development and generating employment for local people.

Meeting participants praised the province’s investment environment, especially in regards to investment licensing and site clearance procedures.

They proposed increasing investment in infrastructure, devising long-term strategies, prioritising major projects, and offering advanced technology businesses the best possible conditions in which to operate.

Provincial leaders affirmed they will spare no effort to support businesses and facilitate business operation.

NA Chairman Nguyen Sinh Hung said Nghe An should clearly identify its socio-economic development targets and orient provincial plans and strategies towards fulfilling them.

He urged the province to capitalize on its many advantages and harness the power of local residents’ potential.

Nghe An should learn from the investment attraction experiences of neighbouring provinces and create an environment of openness and transparency.

Investors took advantage of the meeting to sign memoranda of understanding on cooperation, credit support, and social welfare assistance.

The organising board also granted a number of investment licenses and presented certificates of merit recognising outstanding individuals and organisations for their contributions to provincial investment in 2013. 

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