Quang Ninh’s FDI attraction surpasses US$2-billion mark for first time
For the first time FDI into the northern border province of Quang Ninh this year has surpasses the US$2-billion mark, hitting US$2.18 billion.
The Quang Ninh LNG Power Plant project worth US$1.998 billion is the biggest contributor, receiving its investment license in July.
Csaba Bundik, vice chairman of the Central and Eastern European Chamber of Commerce in Vietnam, said that Quang Ninh is renowned among European investors thanks to its advantages related to logistics and geographical location.
The achievement does not come naturally, but as a result of a long-term strategy and vision, and practical experiences in the development of industrial parks and logistics, he stressed.
Nguyen Manh Cuong, director of the provincial Department of Planning and Investment, said that the province will reform its investment promotion and attraction methods, increase the efficiency of working groups in helping address difficulties, and speed up the progress of key projects.