Nghe An hosts investment conference

Nghe An (VNA) - The central province of Nghe An will discuss its economic
policies and current investment climate at a promotional conference to be organised
in the province on Feb. 7.

The province will also unveil a list of projects for which it is seeking investors
by 2010.

The projects are mostly in infrastructure, manufacturing, construction, agriculture,
tourism, seafood, culture, education and public health.

The provincial People's Committee chairman, Phan Dinh Trac, said the local
authorities would continue to issue incentives and speed up administrative reforms
in an effort to make Nghe An an attractive investment destination.

"The province is preparing to apply one-door policies to investment registration
and licensing to better facilitate investors," Trac said.

Nghe An has so far attracted foreign direct investment worth 252 million USD in 25
projects and domestic investment worth 54.2 trillion VND (3.1 billion USD) in 235
projects.

The province hopes to draw in more investment in various its industrial parks.

The Nam Cam Industrial Park (IP) is the likely location for steel rolling,
metallurgy, motor vehicle assembly, chemical and fertiliser production, wood
processing, mineral processing and leather footwear factories.

The 117 ha North Vinh IP is the preferred location for factories making textiles,
garments, electronics, handicrafts, agro-industrial goods and leather footwear for
export.

Phu Quy IP's 120ha could house forestry and mineral processing, animal feed
production, and building material factories.-Enditem