The delegation included leaders of the Department of Foreign Affairs, the Southeast Economic Zone Management Board, the Department of Planning and Investment, the Department of Industry and Trade, representatives of WHA Group and representatives of relevant agencies and units.
Welcoming the delegation were Mr. Lim Chap Huat - Chairman of Soilbuild Group and the group's leadership members.
Soilbuild Group Holdings Ltd (Soilbuild) is a leading integrated real estate group in Singapore, with over 47 years of experience and achievements in building, developing and managing a portfolio of residential and commercial properties.
This is the group that is the investor of the Ready-built Factory and Office for Lease Development Investment Project, which was recently granted an Investment Certificate by the People's Committee of Nghe An Province at the Singapore Investment Promotion Conference in Nghe An on September 6. The project has an investment of 45 million USD, with a scale of 15 hectares. The project's goal is to develop a green-standard ready-built factory and office system for lease in WHA Industrial Zone 1 - Nghe An.
Speaking at the meeting, Vice Chairman of the Provincial People's Committee Bui Dinh Long congratulated Soilbuild Group for promptly completing procedures and receiving the Investment Certificate in Nghe An province.
He said that besides VSIP and WHA, which are two enterprises that have accompanied Nghe An province for nearly 10 years, the appearance of Soilbuild has affirmed the message to investors about the group's trust in the investment and business potential in Nghe An province. "This is good news for Nghe An province when it attracts a reputable investor like Soilbuild. I am confident that, with my experience and the potential of Nghe An province, Souilbuild's project in Nghe An will be successful", the Vice Chairman of the Provincial People's Committee affirmed and committed to continue to stand side by side, accompany and create the most favorable conditions in terms of policies, investment and business environment during the implementation of the investment project and throughout the production and business activities in Nghe An province.
The working visit of the Nghe An delegation to Singapore took place in the context that the two countries are organizing many activities to celebrate the 50th anniversary of the establishment of diplomatic relations between Vietnam and Singapore. In particular, Prime Minister Lee Hsien Loong has just concluded an official visit to Vietnam for about a week. Nghe An always considers Singapore as one of the most important partners for cooperation and development in the present and the future.
In Nghe An, there are currently 7 valid FDI projects of Singaporean enterprises, with a total registered capital of more than 486.41 million USD. Of which, the project of VSIP Nghe An Company Limited stands out. Currently, the Industrial Park Project of VSIP Project in Nghe An has become a driving force in the socio-economic development of Nghe An province, reaching an occupancy rate of 88%. VSIP Nghe An 2 Project in Tho Loc Industrial Park was granted an Investment Certificate in March 2023, and is expected to be a driving force to attract investment in Nghe An.
In terms of trade, export turnover to the Singapore market in 2022 reached 29.03 million USD, in the first 6 months of 2023 it reached 29.95 million USD. The main export items include: Equipment, components, electronics; corrugated iron, steel of all kinds; textiles; paving stones... Import turnover in 2022 reached 56.7 million USD, in the first 6 months of 2023 it reached 58.78 million USD. The main import items include: Petroleum; machinery, equipment; raw materials, accessories for textiles, footwear...
Nghe An calls on large corporations, as well as small and medium-sized enterprises of Singapore to be interested in investing in the province, in which, priority is given to projects in industries and fields such as: High technology, advanced technology, environmentally friendly technology, clean energy, renewable energy; production of medical equipment, provision of health care services, education and training, high-quality tourism, financial services, logistics and other modern services; high-tech agricultural production, smart agriculture; development of modern technical infrastructure, especially new industries on the basis of industry 4.0...
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