Quang Nam prioritizes attracting investment in its strengths

Quang Nam prioritizes attracting investment towards smart, ecological urban areas

In the urban sector, Quang Nam province only prioritizes attracting investment projects in developing large-scale real estate, urban areas, and housing, in the direction of smart, ecological urban areas.

Vice Chairman of Quang Nam province, Mr. Ho Quang Buu, has just signed a document to send to the Ministry of Planning and Investment about the expected investment promotion program for 2025.

Quang Nam province said that in the first 6 months of 2024, the locality licensed 7 new foreign direct investment (FDI) projects with a total investment capital of 124.24 million USD.

Regarding domestic investment capital, 14 new projects were licensed with a total registered capital of VND 4,243.52 billion.

Up to now, in Quang Nam province, there are about 1,148 domestic projects still in effect with a total investment capital of about 230,000 billion VND; 198 foreign investment projects still in effect with a total registered capital of 6.2 billion USD.

Quang Nam province has attracted many domestic and FDI investment projects.

Quang Nam province said that the local investment attraction perspective will continue to innovate in the direction of Professionalism - Practicality - Efficiency. The focus of attracting and cooperating with foreign investment will be shifted from quantity to quality.

Quang Nam province will focus on attracting and promoting industries and fields that Quang Nam has advantages in, strengthening connections with neighboring localities in the Central Key Economic Region...

The objective of the investment promotion program of Quang Nam province is to promote the attraction and study of mechanisms for using foreign investment capital for research, application, innovation, creative startups, and technology transfer. Priority is given to projects with high added value and spillover effects...

In the industrial sector, Quang Nam province will attract industries with high knowledge content and high automation. Promote the development of automobile manufacturing and assembly industry, mechanical and electronic products, forming a national multi-purpose mechanical and automobile center.

In addition, forming a national medicinal processing center, a silica technology center of the central region, a central electricity center associated with industries using energy and post-gas products in Chu Lai Open Economic Zone.

In particular, in the urban sector, the province prioritizes attracting investment projects to develop large-scale real estate, urban areas, and housing; developing synchronous, modern urban areas with green criteria in the direction of smart, ecological urban areas...

In the urban sector, Quang Nam prioritizes attracting large-scale real estate, urban and housing development investment projects.

As for the agricultural sector, Quang Nam will attract development projects towards organic and safe agriculture, linking the value chain of sustainable production - processing - consumption associated with ecological models, endemic to adapt to climate change. Sustainable forest development, development of forest carbon credits, medicinal herbs under the forest canopy and Ngoc Linh Ginseng as the main product...

It is expected that in 2025, Quang Nam province will implement many investment promotion programs and activities.

In particular, cooperating with domestic and foreign units to conduct research activities, evaluate the potential and investment trends of enterprises and investors from countries such as Japan, Korea, USA, Singapore, etc.

Proactively approach and introduce direct investment cooperation opportunities to businesses and investors from countries with high technology, source technology, leading supply chains, etc.

Quang Nam province will also work with relevant ministries, branches, domestic and international investment promotion organizations to collect information, data, and FDI investment trends in Vietnam...

Source: https://baodautu.vn/quang-nam-uu-tien-thu-hut-dau-tu-heo-huong-do-thi-thong-minh-sinh-thai-d219408.html