Post date: 19/05/2014

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Essar, India and Nassar, UAE promote investment in Quang Binh

(Quang Binh Website) - Chairman of the Provincial People’s Committee Nguyen Huu Hoai on May 16 had a meeting with representatives of Essar Group (India) and Nassar Group (United Arab Emirates) to discuss investment cooperation in Quang Binh.

Essar and Nassar are two big groups with total capital of over US$40 billion, specializing investments in the sectors of steel, energy (oil & gas and power), infrastructure (ports, projects & concessions) and services (shipping, telecom, realty and outsourcing and technology solutions).

At the meeting, representatives of Essar and Nassar briefly informed of current situation of their groups and proposed cooperation opportunities with Quang Binh province, especially investment in Quang Trach 1 thermo-electric plant and Quang Trach 2 thermo-electric plant in Hon La Economic Zone.

Speaking at the meeting, Chairman Nguyen Huu Hoai applauded cooperation and investment of Essar and Nassar in Quang Binh, saying that the province will create all favorable conditions and issue some preferential investment policies for investors to learn about the projects and carry out investment in Quang Binh province.


Chairman of the Provincial People’s Committee offers a souvenir gift to representatives of Essar and Nassar

Reported by Minh Huyen
(www.quangbinh.gov.vn)

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