Hanoi, July 17 (Engineering Daily) -- Foreign Corporations are giving more attention to projects in Soc Trang province.
Since mid-2016, Soc Trang province has seen positive changes in attracting investment due to the increased both domestic and foreign investors. They are after investment opportunities and implementing projects in the province.
In the year 2017, Soc Trang province has approved 148 projects in the fields: high technology agriculture, infrastructure development of industrial parks, tourism, restaurants, hotels, and renewable energy. 85% and 242% have increased respectively compared to the same periods of the last year and the whole year plan of 2017. At the same time, investment policy and investment registration certificates were 29 projects and the total investment were over VDN 4.150 billion. The projects rose 7 projects and the investment sum are 3.5 times comapred to 2016 year.
In 2018, the situation is more optimistic. Up to May 31, 2018, the province has welcomed 60 investors to explore 72 projects in the province, up to 45% over the same period last year. Accordingly, investment decision and investment registration certificates were for 12 projects, with a total capital of VND 2.806 billion.
Notably, more and more large corporations in the country and abroad to "eye" to a number of projects in Soc Trang such as the Trade Center project in Soc Trang City; Urban and entertainment zone of Ho Nuoc Ngot (Soc Trang city); Complex of restaurants, hotels ... and development of high technology agriculture, ecotourism in some subdivisions of the province; Project of dairy processing factory, hi-tech dairy farm ...
Besides domestic investors, companies from different countries and territories, such as India, Thailand, South Korea, Taiwan, France ... have been selecting Soc Trang as "landing" place. Typical examples are: TATA Group (India), Vietnam Australia Seafood Joint Stock Company, CP Livestock Joint Stock Company, Broadpeak Soc Trang Co., Ltd. under Youngone Group, Banpu Public (Thailand), Egeres (Singapore), Dragon Joy International Engineering (Hong Kong), Envision Energy (China), FLC, Vingroup ...
The demand for investment capital for socio-economic development in the locality is very great. But in terms of selecting investors, Soc Trang province always attaches importance to the direction of sustainable development-environment friendly. The good news is that this view of the province has received positive support from investors.
