An Giang looks to attract five FDI projects in 2021
The Mekong Delta province of An Giang has set a goal of attracting at least five foreign-invested projects and over 60 domestic projects this year with total investment of over 15 trillion VND (650 million USD).
A corner of Long Xuyen city of An Giang province (Photo: VNA)
An Giang (VNA) - The Mekong Delta province of An Giang has set a goal of attractingat least five foreign-invested projects and over 60 domestic projects this yearwith total investment of over 15 trillion VND (650 million USD).
It also aimed to put at least 50 percent of all licensed projects intooperation.
Considering agriculture as its economic pillar, and services, tourism, andindustry as key drivers for development, An Giang will focus on shifting fromagriculture to industry, commerce, and services; improving the quality andvalue of the agriculture, services, and tourism sectors; bolstering the competitivenessof economic entities; and promoting the development of sectors that help improveboth people’s income and State budget revenue.
It hopes to attract at least five hi-tech agriculture projects worth 2 trillionVND and 10 projects in tourism, infrastructure, commerce, and services totallingat least 3 trillion VND.
To that end, the province has planned three online investment promotionconferences with European countries, Japan, the Republic of Korea, Australia,the US, Israel, Thailand, and Singapore to push international cooperation and callfor investment in hi-tech agriculture, logistics, industrial infrastructure,and supporting industries.
Vice Chairman of the provincial People’s Committee Le Van Phuoc said localauthorities will give priority to projects using advanced and cleantechnologies and modern management models and those connecting to globalproduction and supply chains.
An Giang attracted 49 projects last year with total registered capital ofnearly 9.9 trillion VND.
Nguyen Thanh Binh, Chairman of the provincial People’s Committee, said the provincewill pay attention to completing the building of a database for investmentpromotion activities and accelerating administrative reform, making it easierfor investors to find investment information./.
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A corner of Long Xuyen city of An Giang province (Photo: VNA) 
