Hong Kong business seeks investment opportunity in Hau Giang

At a working session with the leaders of Hau Giang province on January 9, a company representative briefed the hosts on Dragon Joy International Engineering and its two projects. The steel mill plans to supply steel ingots, bars and wires to the Mekong Delta region while the solar energy plant will require an investment of around VND1,100 billion.

Nguyen Van Quan, vice director of Hau Giang provincial Department of Planning and Investment, advised the guest of the list of prioritized investment areas and preferential policies on taxes, land rent, and others.

Meanwhile Nguyen Van Tuan, vice chair of Hau Giang People’s Committee, said Hau Giang is a poor province and its economy is heavily dependent on agricultural production. Despite the creation of industrial zones, Hau Giang has yet to develop large scale industrial production. The province is willing to facilitate investors with plans to undertake such projects. However, any industrial development must ensure negative impacts on environment are minimal, said Mr Tuan.

Dragon Joy International Engineering has nine subsidiaries and seven joint ventures mainly operating in the fields of real estate, finance and industrial investment, large projects, and international trade.