Attract investment billion dollars
Quang Nam is one of the few localities in the country with a complete transport infrastructure system such as airports, seaports, railways, national highways, and expressways; has 2 World Cultural Heritages, Hoi An Ancient Town and My Son Ancient Temple Complex; has 2 economic zones including Chu Lai Open Economic Zone and Nam Giang International Border Gate Economic Zone, 14 Industrial Parks and 115 Industrial Clusters planned according to Decision No. 72/QD-TTg dated January 17, 2024 of the Prime Minister.
Speaking at the "Investment Promotion Seminar on Quang Nam" in July 2024, Mr. Le Van Dung - Deputy Secretary, Chairman of the People's Committee of Quang Nam province said that thanks to promoting those advantages, Quang Nam is considered a safe, attractive and reliable investment destination in the eyes of international organizations and domestic and foreign investors.
As a result, the province has so far attracted 1,164 valid domestic investment projects with a total investment capital of nearly VND 233,163 billion; 198 valid FDI projects with a total registered capital of USD 6.2 billion (ranked 20th out of 63 provinces and cities in attracting foreign investment - according to the Foreign Investment Agency).
The province's economic scale currently ranks 26/63 provinces and cities nationwide with nearly 59 trillion VND. Export activities in 2023 ranked 28/63 provinces and cities with a total export turnover of 1.8 billion USD. Abundant human resources, developing in both quantity and quality, the goal by 2030 is to have a workforce of over 77,000 people.
In early July 2024, Karcher Group (Germany) put into operation the first "Cleaning Equipment Factory" project in Southeast Asia, worth 20 million Euros, at Tam Hiep Industrial Park, Nui Thanh, Quang Nam.
Responding to Lao Dong reporter, Mr. Rainer Kern - Finance Director of Karcher Vietnam Technology Company said: "We believe that Quang Nam is the best place to expand our production scale, because we have received optimal support from the Government. In addition, the facility here has developed infrastructure with national highways, seaports, expressways, airports, deep-water ports...
Improve investment environment , untie businesses
At the announcement ceremony of Quang Nam province's planning for the period 2021 - 2030, with a vision to 2050, Mr. Tran Ba Duong - Chairman of the Board of Directors of Truong Hai Auto Corporation (THACO) - said that THACO has invested in ports and systems, but logistics costs are still 20% higher than at the two ends of the country. To deal with this difficulty, the company has imported components for production, assembly and export, but there is still a shortage of goods.
“For the logistics industry, we have conducted research according to the planning of Quang Nam province, and will be determined to participate in bidding for the Cua Lo project. In addition, along with the road traffic system, we will also study road investment in the form of BOT to focus on transportation from Southern Laos, Northern Cambodia and the Central Highlands to Chu Lai. We will invest in infrastructure early, and with large cargo ships coming in, we will solve logistics costs. When logistics costs are low, other investors will come to the Central region in general and to Quang Nam in particular,” Mr. Tran Ba Duong analyzed.
Similarly, Mr. Don Lam - Deputy Head of the Private Economic Development Research Board, Member of the Board of Directors of Nam Hoi An Development Company Limited - Hoiana Resort said that since 2016, the enterprise has invested 1.2 billion USD in the Hoiana Resort project (Duy Xuyen district, Quang Nam), which is currently the largest tourist area in the Central region.
Over the past 2 years, Hoiana has contributed a total of more than 1,000 billion VND to the state budget, creating jobs for nearly 3,000 local workers.
“It is not because of constraints and difficulties that we do not do or do not dare to do. In the coming time, Quang Nam is determined to carry out this work, to have a good investment environment, to have large and prestigious enterprises investing in Quang Nam” - Mr. Le Van Dung emphasized.
Source: https://laodong.vn/kinh-doanh/quang-nam-mo-cua-thu-hut-dau-tu-de-dot-pha-phat-trien-1380232.ldo
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