Quang Binh: Enhancing investment promotion in Busan, Korea

Published On: 02/04/2015

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(Quang Binh Portal) - At the invitation of Mr. Park Soo Kwan, Honorary Vietnam Consul General in Busan, Korea, Chairman of the Quang Binh Provincial People"s Committee Nguyen Huu Hoai, led an investment promotion delegation of Quang Binh province paid a courtesy visit and worked with Honorary Vietnam Consul General in Busan and the Enterprise Association of Busan, Korea. Chairman were accompanied by leaders of the Departments of Planning and Investment, Resources and Environment and Foreign Affairs, and Head of the Management Board of Economic Zones.

At the working session, Mr. Park Soo Kwan, Honorary Vietnam Consul General in Busan, Korea warmly welcomed Chairman of the Quang Binh Provincial People's Committee and his delegation to Busan for exchanging about the issues relating to investment cooperation that the Busan enterprises and investors concerned.
Honorary Vietnam Consul General in Busan said that after the investment survey made in Quang Binh in August of 2014, the Association has decided to select three investment projects in Quang Binh, including the project of high-grade tourism development and golf course, the wood processing and manufacturing project and the mineral water exploitation project.

Earlier, the Enterprise Association of Busan has carried out procedures for establishing KOVIETLEGEND GROUP. This is the legal company that directly invests and manages the projects in Quang Binh with a total registered capital of USD200 million.

Speaking with the Enterprise Association of Busan, Chairman of the Quang Binh Provincial People's Committee thanked Honorary Vietnam Consul General in Busan and the Enterprise Association of Busan for having an invitation and creating conditions for the province's investment promotion delegation to exchange issues relating to three projects that the Enterprise Association of Busan has made investment survey in Quang Binh. Chairman also spent much time on introducing socio-economic development situation, potentials, advantages, cooperation demands and preferential policies of Vietnam Government in general and Quang Binh in particular for foreign investors. Especially, Chairman pledged to take more opportunities for Korea enterprises to implement the projects in Quang Binh.

Then, the delegation also had a working session with Kum ho Asiana Group - the top-ranking group in Korea, operating its business in the fields of aviation, transport, construction, electricity... This group has recently invested many big projects in Binh Duong, Dong Nai and Ho Chi Minh and is now investing the solar energy project in Quang Binh.

Also in the framework of this visit, the delegation visited the Ambassador of Socialist Republic of Vietnam to South Korea. At the reception, Mr. Pham Huu Chi – Ambassador extraordinary and Plenipotentiary and numerous officials have hosted closely and worked with the delegation. Chairman Nguyen Huu Hoai expressed his sincerely thanks to Embassy and ambassador given priority for Quang Binh province with effective support. He also expressed his hope that in the coming time, the ambassador will continue taking an important part in connecting for Korean enterprises invested in Quang Binh.

Translated by Nhu Y
(Source: Quang Binh Portal)