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Overseas investment planned to target selected City sectors
HCM City's investment and trade promotion activities this year will focus on selectively attracting investors, according to an official.
Tu Minh Thien, Director of the city's Investment and Trade Promotion Centre (ITPC), said his agency planned to step up investment and trade promotion activities in traditional markets like the US, the EU and Japan, and in new markets like Myanmar and the Middle East.
The city would give priority to attracting investment in infrastructure, services, health care, education and technology, he told Dau Tu (Viet Nam Investment Review) newspaper.
The ITPC would seek investment from developed countries like the US and Japan in the technology and infrastructure sectors, he said.
The city will participate in several investment and trade promotion events organised by other countries and send city entrepreneurs abroad to showcase projects that require investment.
Details of projects seeking investment should be made fully available to investors so that they could work out the numbers, he said.
This year the city hopes to attract foreign direct investment worth US$8.4 billion against $2 billion last year, according to the Department of Planning and Investment.
vietnamnews
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