Tiền Giang aims to attract more investment in 2020

 

 

 

 

TIỀN GIANG — The Mekong Delta province of Tiền Giang is working to improve its investment environment to attract at least eight projects with total capital of US$80 million in 2020.According to Nguyễn Thanh Liêm, deputy head of the management board of industrial parks in Tiền Giang, the board had co-ordinated with local departments and agencies to make recommendations to perfect infrastructure in industrial parks and clusters.Efforts had also been made to remove obstacles facing businesses operating in industrial parks and clusters, he said.Tiền Giang would continue to simplify administrative procedures and step up IT application and online public services.

The province is home to four industrial parks, that have attracted 104 projects, including 73 foreign direct investment projects, with total investment of more than VNĐ51.7 trillion (US$2.22 billion), creating jobs for more than 90,000 labourers.

Tien Giang has also opened four industrial clusters housing 80 projects valued at about VNĐ4.53 trillion, which employ over 17,000 labourers.Enterprises in local IPs and industrial clusters posted a combined industrial production value of VNĐ76.77 trillion in 2019, a year-on-year rise of 13.79 per cent, and total export value of over VNĐ2.66 trillion, up 10.9 per cent. — VNS