Most of the large-scale projects focus on the province’s strengths, including the Hoa Thang 1 Wind Power Plant, a solar power plant, the Vietnam-Cambodia friendship tourism site and a milk processing plant.
Chairman of the provincial People’s Committee Le Tien Phuong affirmed that Binh Thuan is one of the most attractive destinations for investors in Vietnam, especially for tourism and the energy industry, given the favourable investment climate in the locality.
|The promotion conference. (Photo: baodautu.vn)
He highlighted that thanks to the Government’s direction as well as concerted efforts made by the provincial authorities and business community, the local economy has continued to grow by over 10% annually.
At the conference, participants discussed preferential policies, the investment climate and feasible projects with provincial leaders while recommending solutions to tackle difficulties and facilitate enterprises to land projects in the province.
Binh Thuan is now home to 1,156 projects, 104 of which are foreign-invested projects from 24 countries and territories with total registered capital of nearly US$1.7 billion.