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Incentive packages attract investors to Delta province
The Mekong Delta province of Tra Vinh will focus on building technical infrastructure facilities and offering other investment incentives including preferential land-lease policies, a conference in HCM City heard on Tuesday.
Provincial officials said they would provide sound technical infrastructure for industrial parks and clusters, economic and tourist zones and export processing industries.
They would also help investors with personnel training, technology transfer and trade promotion.
In particular, investors in the province’s Long Duc Industrial Park would be exempt from land rent until March of 2014, said Huynh Van Tao, director of the province’s Department of Planning and Investment.
The province was inviting domestic and foreign investment for 25 major projects, including construction of the Long Duc Industrial Park, the Cau Quan Industrial Cluster, the Dinh An Economic Zone and the Ba Dong Sea Eco-resort, he said.
The province would also implement several vocational training projects that would offer training courses at a cost of VND300,000 per person.
During the conference, the province signed agreements with the Saigon Co-op Investment Development Joint Stock Co, which operates the country’s leading supermarket chain, to open an outlet in Tra Vinh at a cost of VND60 billion; and the Viet Nam Fashion Company, owner of the Vinatex Mart chain, to open a mini Vinatext supermarket with an investment capital of VND15 billion.
With a population of over 1 million residents, the province says it has sufficient workforce to supply to industrial parks and economic zones.
The conference also heard that from now to 2010, the central Government would implement projects to upgrade and widen national highways 53, 54 and 60; and construct the Co Chien and Dai Ngai bridges in order to facilitate transport between HCM City and the Mekong Delta.
vietnamnews
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