Global firms explore investment in City

 HCM CITY — Chairman of the People’s Committee of HCM City Nguyễn Thành Phong received entrepreneurs from some multinational groups on Friday to brief them on investment opportunities in the city.

As the biggest economic and financial hub in the south of Việt Nam and an attractive destination for foreign investment, HCM City has spared no effort to improve the investment climate and enable overseas enterprises to make long-term investments, especially in the fields of clean energy and smart cities, the city leader said.

He believed with their experience in energy, the US Cache Solar and Arab Saudi March Global Inc will meet the increasing demand of the city and generate more jobs for local workers. The city welcomes and will create all favourable conditions for the ASEAN Golden Link Inc to invest in building a complex of hi-end hotels and restaurants in the city, contributing to the development of tourism infrastructure, Phong affirmed.

Leading officials of the groups expressed their interest in working with HCM City in the fields of renewable energy and green energy. They said they hope to partner with HCM City in various fields, including waste treatment, inundation prevention, tourism promotion and trade of farm produce and food. — VNS