(QNO) - According to Ho Quang Buu, Deputy Chairman of the Quang Nam provincial People's Committee, several FDI projects want to expand their production scale in the province, such as Vidaxl Group (Netherlands), Karcher (Germany), Hyosung (South Korea), Guoguang Electric Company Limited (China), etc.
Up to now, there have been 194 valid FDI projects with a total registered capital of USD 6.06 billion.
In the coming time, Quang Nam will regularly cooperate with local and international investment promotion organisations to introduce the province's potential, environment, and opportunities for investment attraction.
Quang Nam is also considering the problems and troubles FDI projects are facing, thereby having proper solutions.
Additionally, the province is making every effort to support FDI projects and find cooperative partners, particularly those from nations with high technology and/or source technology, dominating supply chains, and taking part in multilateral free trade agreements with Vietnam (CPTPP, RCEP, EVFTA, etc.), like the United States, the European Union, Japan, Singapore, and South Korea.
Moreover, Quang Nam is managing to get approval from the Government to enlarge and build more industrial parks and clusters, attracting more potential foreign investors.
Currently, Quang Nam has submitted the dossiers for the infrastructure business project of the expanded Chu Lai Truong Hai Auto Mechanic Industrial Park (115ha), building new industrial parks and clusters, including Nam Thang Binh Industrial Park (499.43ha), Bac Thang Binh Industrial Park (239.32 ha), Phu Xuan Industrial Park (108ha), and some more new in Dai Loc, Que Son, Thang Binh, and Tien Phuoc districts.
Quang Nam is always giving priority to projects with high technology, advanced technology, modern management, high added value, spill-over effects, and technology transfer, ensuring the participation of Vietnamese businesses in the value chain and contributing to socio-economic restructuring.