Tra Vinh attracts investment projects

The southern province of Tra Vinh has attracted 17 investment projects in the fields of hi-tech agriculture, wind power energy, garment, education and environment since the beginning of 2016. 

There are seven foreign invested projects with a total registered capital of over US$256 million and 11 domestic projects worth over VND404 billion (US$18 million).

So far, the province has lured US$2.96 million in 32 foreign invested projects. Besides, VND93.7 billion was poured in 125 projects by domestic investors.

A foreign-funded leather footwear factory in Tra Vinh

In the first nine months of this year, Tra Vinh has welcomed four domestic and 12 foreign business missions from different countries such as Japan, Singapore, the Republic of Korea, Australia and Saudi Arabia to seek investment opportunities, said Tran Thi Hai Yen, Deputy Director of the provincial Department of Planning and Investment. 

Most of them are interested in petrochemical technology, trade-service, steel manufacturing, wind power energy, farm produce processing, garment, ship building, waste treatment, clean water and tourism and hospitality. 

Tra Vinh will work to lure more businesses to invest in the locality by improving investment climate and reforming administrative procedure.

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