Deputy Prime Minister Nguyen Xuan Phuc, leaders of Quang Binh province and BIDV chaired the conference

The conference drew the participation of Mr. Luong Ngoc Binh, Secretary of the Provincial Party Committee, Chairman of the Provincial People’s Council; Mr. Nguyen Huu Hoai, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People’s Committee; leading representative of Khammouane province (Laos); Mr. Tran Bac Ha, Chairman of BIDV Board of Directors; leaders of departments and branches and nearly 200 delegates from organizations, corporations, entrepreneurs, investors inside and outside the country.

Deputy Prime Minister Nguyen Xuan Phuc speaks at the conference

The event aimed at introducing preferential policies, human resources, potentials, advantages and key projects calling for investment of Quang Binh province. This was also a good opportunity for domestic and foreign investors to learn about and carry out cooperation and investment in Quang Binh.

Quang Binh currently has 267 registered investment projects with a total capital of nearly VND100 trillion, of which 158 project projects worth VND 78.9 trillion have been licensed.

The province pledged to provide investors with the best possible policies regarding tax incentives for land use and business income, and for the support of workforce training, site clearance and infrastructure building, among others.

Secretary of the Provincial Party Committee delivered his speech at the conference

At the conference, the provincial People’s Committee granted investment licenses for the projects with a total investment of VND19.3 trillion, of which granting certificates of merit to 13 projects totalling VND 8.5 trillion; signed 05 investment memoranda of understanding with pledged investment of VND 7 trillion and USD 200 million.

The Provincial People’s Committee also presented certificate of merit to BIDV for its contribution to provincial poverty reduction and socio-economic development.

Chairman of the Provincial People’s Committee speaks at the conference

Conference participants mentioned the province’s strengths and weaknesses and offered up a number of proposals to incentive investment to be taken by the province.

Speaking at the conference, Deputy Prime Minister Nguyen Xuan Phuc highly appreciated the province’s efforts in holding the 1st investment promotion conference, creating opportunity for businesses to complete their projects and cooperating with investors in Laos and Thailand. Deputy Prime Minister asked the province to draw up a concrete road map for implementing investment projects to boost local socio-economic development.

Chairman of the Provincial People’s Committee grants certificates of investment to investors

On behalf of provincial leader, Secretary of the Provincial Party Committee Luong Ngoc Binh sincerely thanked the government, ministers and central agencies as well as BIDV and investors for assistance in successfully organizing the 1st investment promotion confernce, believing that Quang Binh will become an attractive address to all domestic and foreign investors for cooperation and investment in the time to come.

Signing the memmorandum of understanding on investment cooperation with Lao Petro Joint Stock Company

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