Foreign investors to seek cooperation with Hau Giang
Foreign investors to seek cooperation with Hau Giang
The Mekong Delta province of Hau Giang is actively attracting investors and creating optimal conditions for investors to implement their projects in the province.
This was stated by Nguyen Van Tuan, vice chairman of the provincial People’s Committee, at a meeting between the province and representatives of European firms on Tuesday.
Representatives of the investors included Poland’s Euro Eco Food, Mekong Pearl JSC and the Netherlands’ Viet Nam Trade International Company.
At the meeting, Tuan detailed the locality’s natural conditions, infrastructure and incentives for investors.
Ngo Phat Dat, chairman of Mekong Pearl JSC, highlighted Hau Giang’s favourable conditions in terms of climate, human resources and material supply for his company’s projects to produce Polish Vodka and set up a clean chicken meat factory. The Polish Vodka, fruit cider and beverage project, worth some 20 million EUR (US$23.5 million) is expected to produce from three to five million litres of vodka, while the clean chicken meat project, worth 60 million EUR, will produce 30,000 tonnes of chicken meat.
In addition, investors plan to promote investment for the construction of Viet Nam - Poland industrial parks in the province in the near future.
On the same day, the province also introduced investment opportunities in agriculture and renewable energy at the working session with firms from the Republic of Korea (RoK)’s Jeollanam Province.
Hau Giang Province is calling for investment in agricultural production, farm produce processing and clean energies such as solar and wind power. The province would create optimal conditions for RoK firms, particularly those from Jeollanam, to invest in the province, Tuan said.
However, he also noted that investors must observe regulations on environmental protection.
Oh Jang Seon, president of the Jeollanam Business Association, said Korean enterprises were interested in Viet Nam’s market, adding that many members of the association operated in the fields that Hau Giang was calling for investment in.
He expressed hope that investment promotion events would be organised after the working session, and Hau Giang could help the RoK firms connect with local farmers and promote their products.
The association currently has 50 members, and another 50 plan to join. Most of them operate in agriculture, industry, food, pharmaceuticals and agricultural products processing.
The delegation will visit several agricultural cooperatives and industrial parks in the province after the working session.
Currently, Hau Giang is home to 43 domestic and foreign investment projects in local industrial zones and clusters, including the Hau River 1 Thermo Plant, AquaOne drinking water factory and the White Tiger Beer factory.
