Nghe An expects to lure 100 trillion VND investment

To that end, the locality will synchronously implement measures to lure investment projects, considering it a key task to spur local socio-economic development.

It will facilitate investors’ operation by zoning off land for, giving incentives to and assisting them in recruiting workers and building material areas.Nghe An will also continue improving its investment environment, aiming to name itself in the top 30 provinces and cities nationwide in provincial competitiveness index. 

Currently, the province is calling for investment in agro-forestry, fishery and industry. 

Last year, Nghe An granted investment licenses to 105 projects worth more than 18.5 trillion VND (880 million USD), representing increases of 45.83 percent in number and 43.74 percent in value against a year earlier. The projects have been put into operation and generated 8,000 jobs. 

Some large-scale projects include Hanoi -Kim Liem urban and hotel complex (720 billion VND), Lan Chau-Song Ngu eco-tourism complex (1.97 trillion VND), Thanh Thanh Dat wharf (560 billion VND), Masan Food project (1.2 trillion VND), Ton Hoa Sen (2.3 trillion VND), Nguyen Kim supermarket (550 billion VND) and Vingroup (2.39 trillion