Thua Thien-Hue receives $332m of investment
Thua Thien-Hue receives $332m of investment
Central Thua Thien-Hue Province yesterday granted 16 investment certificates with total investment of nearly VND7.5 trillion (US$332 million) and signed six co-operation agreements with partners.
The moves come after conference to promote investment in the province held yesterday, with Deputy Prime Minister Vuong Dinh Hue and more than 500 representatives from international and domestic businesses attending.
Speaking at the conference, Deputy PM Hue said that the province still had room for development.
He asked provincial leaders to make clearer policies to call for investment and make lists of projects that needed private investors.He urged the province to develop tourism into its spearhead economy, suggesting tapping the tourism potential based on market economic principles, as well as building special mechanisms to uphold local heritages and boost public-private partnership in relic restoration and upgrades.
Deputy PM Hue reminded local leaders of the then Prime Minister's decision to turn Tam Giang-Cau Hai Lagoon into an ecosystem tourism site.
He said that the decision was issued in 2009, but since then, the region had not received much attention.
He also suggested holding more thematic discussions on the development of the Chan May – Lang Co economic zone and the Tam Giang-Cau Hai lagoon to attract more investment.
Nguyen Van Cao, chairman of local People's Committee said that the province picked tourism, hi-tech industry and hi-tech agriculture as strategic sectors to boost the economy.
In tourism, the province has diverse potential that no other localities in the country could compete with, including a complete set of imperial monuments and culture of the Nguyen Dynasty (1802-1945) and great natural landscapes. But local authorities have struggled to exploit this potential.
Cao said the province will give priority to developing Hue into a "heritage" city with a high-class well-being and resort area, deserving its tourism trademark: "One destination – Five heritages".
The chairman said that provincial leaders would create a favourable investment environment and were ready to meet enterprises and investors to receive complaints and tackle difficulties during the investment process.
