Hung Yen province delegation promotes investment in Xi'an city

Continuing the investment promotion program in Xi'an city, Shaanxi province (China), on March 27, the Hung Yen provincial delegation led by comrade Nguyen Huu Nghia, member of the Party Central Committee, Secretary of the Provincial Party Committee, coordinated with the Vietnamese Embassy in China and the China Investment Promotion Council to organize an investment promotion conference with nearly 100 enterprises in this locality. Attending the conference was comrade Nguyen Hung Nam, Vice Chairman of the Provincial People's Committee.

Delegates attending the investment promotion conference

Speaking at the opening of the conference, Secretary of the Provincial Party Committee Nguyen Huu Nghia affirmed: Hung Yen has all the conditions for industrial development, especially high-tech industry and modern urban and service development, due to many favorable factors such as favorable geographical location; fast economic growth rate; synchronous investment in socio-economic infrastructure, trade, services, logistics, energy, clean water, healthcare, education, training, environmental protection; young and abundant human resources... Hung Yen province is committed to creating favorable conditions for investors; determined to build an efficient, effective and efficient government; always accompanying the people and businesses; ready to coordinate to remove difficulties and obstacles arising from businesses...

Provincial Party Secretary Nguyen Huu Nghia hopes that Chinese investors will trust, pay attention to and choose Hung Yen province, Vietnam as an investment destination.

At the conference, on behalf of the People's Committee of Hung Yen province, Vice Chairman of the People's Committee Nguyen Hung Nam signed a memorandum of understanding with the consortium of investors including: Xi'an GSR Energy Storage Technology Co., Ltd., an enterprise in Xi'an city, Shaanxi province, and "Makara Fund" an enterprise established in Singapore, and Newtechco Group Joint Stock Company, an enterprise established in Vietnam. This consortium of investors will conduct research, survey, propose investment locations and establish investment projects: Project No. 1: Solar panel manufacturing factory with a capacity of 50GW, area of about 75 hectares. Project No. 2: Fast charging station equipment and storage panels manufacturing factory, capacity of 12GWh, area of about 25 hectares. Signing a memorandum of understanding between Our United Corporation and Newtechco Group Joint Stock Company.

Vice Chairman of the Provincial People's Committee Nguyen Hung Nam signed a memorandum of understanding with the consortium of investors.

Hung Yen Province, together with the Consortium of Investors, researched and surveyed suitable locations for the Green Hydrogen Production Plant project (capacity of 3 million tons/year) and deployed Small Modular Reactor (SMR) technology to produce electricity; supported working with the provincial authorities as well as central agencies on these projects.

Working delegation of Hung Yen province with representatives of Xi'an Economic and Technological Development Zone

Previously, Provincial Party Secretary Nguyen Huu Nghia and the delegation visited and worked with representatives of Longi Tay An Hydro Energy Technology Co., Ltd. (abbreviated as Longi Company). He highly appreciated Longi Company's products, which contribute to utilizing energy sources to regenerate clean energy for green hydrogen... Provincial Party Secretary Nguyen Huu Nghia was also interested in the treatment of solar battery products when they are no longer effective; processes and solutions for distributed solar power, ground-mounted solar power, green hydrogen equipment...

Visiting the Xi'an Economic and Technological Development Zone, Provincial Party Secretary Nguyen Huu Nghia and the delegation were interested in learning about the investment scale of enterprises, policies for investing enterprises, operating models, specific operating policies and mechanisms, and investment incentive policies for enterprises, etc.

Source: https://baohungyen.vn/doan-cong-tac-tinh-hung-yen-xuc-tien-dau-tu-tai-thanh-pho-tay-an-3180164.html