Quang Tri prioritises highly-efficient projects in IP, EZ
Central Quang Tri province is prioritising investors who want to invest in highly efficient projects in local industrial parks and economic zones, particularly in Quang Tri Southeast Economic Zone.
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The province is having its eyes on wind and solar power projects, as well as ports and airports.
According to Vice Chairman of the provincial People’s Committee Nguyen Quan Chinh, Quang Tri has shifted towards large-scale and high-tech projects, restricting small-scale projects that take up too much land, or may face delays or harm the environment.
It is calling for investment in Quang Tri Southeast Economic Zone and Lao Bao special economic zone to take advantage of the East-West Economic Corridor, Chinh said.
The province has also worked to improve local investment policies and enhance its competitiveness and business climate. It has authorised 27 projects worth a total VND4.5 trillion (US$198 million) in the first nine months of 2017.
Chief among these include the water supply facility in the Southeast Economic Zone, Huong Phung 1 wind power plant and Huong Phung and La To hydropower plants.
Quang Tri is currently home to 14 foreign direct investment projects with the total investment of US$46.65 million.
