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Thai Binh looks to attract more investment from RoK

A conference to promote investment from the Republic of Korea (RoK) into the northern province of Thai Binh was held by the Ministry of Foreign Affairs, the RoK Embassy in Vietnam, and the provincial People’s Committee on July 6.
Thai Binh looks to attract more investment from RoK ảnh 1RoK Ambassador to Vietnam Park Noh-wan speaks at the conference (Photo: VNA) 
Thai Binh (VNA) – A conference to promoteinvestment from the Republic of Korea (RoK) into the northern province of ThaiBinh was held by the Ministry of Foreign Affairs, the RoK Embassy in Vietnam, and the provincial People’s Committee on July 6.

Addressing the event, National Assembly Vice Chairman Nguyen Khac Dinh highlightedthe significance of the conference, saying it offers a chance for Korean businessesto explore investment opportunities in Thai Binh.

The strong, practical and effective development of the Vietnam – RoK strategiccooperation partnership is a premise towards elevating the bilateral relationsto comprehensive strategic partnership in the near future, he said.

Dinh praised efforts made by the provincial authorities in attracting foreigninvestment, especially from the RoK, expressing his belief that the locality’s cooperationwith Korean partners will be stronger, and more and more Korean firms will pourinvestment into and operate successfully in the locality in the coming time.

Chairman of the provincial People’s Committee NguyenKhac Than said for Thai Binh, the RoK has always been a reliable and importantpartner in many fields.

Thai Binh is home to 26 projects worth 128 million USD invested by RoKcompanies. Nearly 100 Korean experts are living and working in Thai Binh.

There remains great room and opportunities for RoK firms toexpand investment in Thai Binh, especially in industry, Than said, stressing thatthe local authorities will ensure an attractive,transparent and open investment environment, and create the most favourable conditionsfor investors.

RoK Ambassador Park Noh-wan spoke highly of efforts of the localauthorities in solving difficulties facing Korean businesses, saying that wheninfrastructure facilities in the locality are developed synchronously in thefuture, Korean companies will expand investment in Thai Binh.

At the event, Korea SMT Co., Ltd of the RoKreceived an investment registration certificate to develop a plant in Lien HaThai industrial park. Meanwhile, Green i-Park JSC and Zenith InternationalVietnam Co., Ltd; and Truong An Infrastructure Development JSC and Daein Toys, signedagreements in principle to sublease land and infrastructure.

The provincial People's Committee announced a decision to set up a Korean investment support division in Thai Binh (Korea Desk Thai Binh)./.
VNA
#conference #investment #Thai Binh #RoK #Korean businesses #comprehensive strategic partnership #agreements #Vietnamplus #Vietnam news #Vietnam News Agency Thai Binh Korea (RoK)

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