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Quang Tri calls for investment
The central province of Quang Tri has asked for HCM City enterprises to invest more in the province.
As Quang Tri witnessed a lot of fighting during the war 35 years ago, it has been
a long road to recovery and it has had many achievements in its economic and infrastructure development, chairman of the provincial People's Committee Nguyen Duc Cuong said at a conference in HCM City on Feb. 25.
Cuong said the province, however, is still considered underdeveloped and invited HCM City enterprises to invest there.
He said he hoped the municipal government and businesses would also support it by calling investment from other localities and foreign countries.
At the conference, provincial Deputy Chairman Le Huu Thang gave a brief on the opportunities there and announced a list of 108 projects that the province needed investors for the 2010-15 period.
The top 29 projects, mostly in industrial manufacturing, urban-residential development, tourism, service-trade and agriculture, require about US$11 billion in investment capital.
"The province lies on important communication axes of the country, of which National Road 9 is part of the East-West Economic Corridor running through Lao Bao International Border Gate, creating opportunities to develop trade, tourism, investment and co-operation with ASEAN countries," Thang said.
"With about 15,000ha of land under rubber plantation and nearly 6,000ha under Arabica coffee, Quang Tri needs investment in processing and brand development," he said.
With over 75km of coastline, beautiful landscapes and special revolutionary war relics, there's potential for a strong maritime economy and tourism, he added.
Beside Nam Dong Ha and Quan Ngang Industrial Zones, the Government has just approved to set up the Tay Bac Ho Xa Industrial Zone which needed investors, he said adding the investors would find the conditions and incentives very attractive.
Deputy Chairwoman of the HCM City People's Committee Nguyen Thi Hong at the meeting called on HCM City enterprises to expand their investment to the province.
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