Conference on Investment Promotion for the North Central Region was launched on 17th October by the Ministry of Planning and Investment and Nghe An Province. Within the conference framework, Eurowindow Holding signed an agreement with Nghe An Provincial People’s Committee on constructing Eurowindow Commercial Service and Urban Area.
The conference was presided by Mr. Nguyen Xuan Phuc, member of Polit Bureau, Vice Primce Minister and attended by over 1,000 delegates, including embassies, international organization, home and foreign enterprises. This was an opportunity for managers, entrepreneurs and experts to meet, dialogue and investigate the investment opportunities in 6 provinces of Thanh Hoa, Nghe An, Ha Tinh, Quang Binh, Quang Tri and Thua Thien Hue.
In the past time, the North Central Region witnessed a relatively high development, successfully attracted many FDI and domestic investment sources. Up to now, 189 valid foreign projects are available in the area with total registered capital of 19.1 billion USD, accounting for 10% of total registered capital of the whole country. However, the North Central Region is still poor and its investment appeal situation is restricted. Therefore, the North Central Region need special concern of the Government, ministries, central industries, enterprise community and international organizations to facilitate the socio-economic development.
The delegates participated into the Investment Promotion Conference for the North Central Provinces.
Currently, 6 north central provinces are appealing investment into 342 projects under the fields such as infrastructure construction, residential, industrial, commercial, tourism, education, healthcare centers, etc in which 27, 27, 62, 58, 91 and 77 projects are available in Quang Binh, Thanh Hoa, Thua Thien Hue, Quang Tri, Ha Tinh and Nghe An, respectively.
In order to effectively appeal investment, the provinces must make a significant transform in appealing investment, synchronously constructing the socio-economic infrastructure, diversifying the investment capital funds and capital mobilization forms, setting up the key regional investment promotion programs which focus on popularizing and appealing investment projects in the oriented fields.
At this conference, many investment agreements into 6 north central provinces were signed. It was impossible to neglect the agreement on construction investment of Eurowindow Commercial Service and Urban Area in km 6, Vinh-Cua Lo Avenue, Vinh City, Nghe An Province, covering an area of over 200 hectares with over 2000 billion VND of total investments.