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Creating favourite conditions to attract foreign investment

TQO - In 2023, foreign investment capital sources are being actively attracted by the province and bringing many positive signs.

Develop synchronous transport infrastructure, contributing to socio-economic promotion. In the photo: Vice Chairman of the Provincial People's Committee Nguyen Manh Tuan grasps the construction situation of Tuyen Quang - Phu Tho expressway.

In 2023, attracting foreign investment flows prosper. The Provincial People's Committee issued Investment Registration Certificates for 2 foreign direct investment projects including: SPC flooring factory project of Nature Green Company, Hong Kong investor and EREX Joint Stock Company (Japan). Currently, there is a biomass power project with a capacity of 100MW, a wood pellet energy project with a capacity of 650,000 tons/year, the total registered capital of the two projects is 5.11 million USD.

In addition, Dong Bo Agriculture Company/Korea works on cooperation and network of new sweet potato growing technology, Herit Group Korea works to promote smart schools using solar energy. Organizations KOICA, GNI/Korea, CSR2/Japan; AVENUE/Japan... came to implement aid projects in the province.

Currently, Viet - Japan Joint Stock Company is implementing the project to build GO! in Tuyen Quang city; Niinuma Vietnam Co., Ltd. researches solar power projects; Delta E&C Company researched and implemented two projects: Na Hang Ecotourism Area and Orange Processing Factory in the province. Korean KIDO Company researched and surveyed the business environment in the province to implement the project of factory construction in Phuc Ung industrial cluster, Son Duong district.

Also last year in the province, 8 programs and projects using ODA capital were implemented. Among them, there are 4 transitional programs and projects, completed in 2023; 1 project has been approved; 1 project has had its investment policy approved; 2 projects are being submitted to the Ministry of Planning and Investment to submit to the Prime Minister for consideration and approval of the project proposals.

The appearance of new foreign investors in Tuyen Quang is bringing prosperity in terms of job creation, increased income for people, creating strong economic development steps for the province in recent years. next.

Ngoc Hung

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