Waiting for “booming” investment


(QNO) - Quang Nam is attracting the attention of domestic and foreign investors. Most investment projects in Quang Nam are successful, contributing to the local economic development.

Thaco Group is the largest domestic investor to be successful in Quang Nam.
Thaco Group is the largest domestic investor to be successful in Quang Nam.


Reportedly, there are currently more than 1,650 valid investment projects in Quang Nam, including 970 domestic projects (over 300 trillion VND) and 195 foreign direct investment projects - FDI (nearly 6 billion USD) with nearly 9,000 large and small enterprises, including Thaco Group, Chu Lai Float Glass Company, Dong Tam Group, Groz Becker, Indochina Capital, Victoria, Golden Sand, Huyndai, Mazda, Heneiken, Panko, The Nam Hai, Montgomerie Links, Palm Garden…

Also, Exxon Mobil (US), Hyosung (South Korea), Misubishi (Japan), Ratchaburi (Thailand), New Zealand Aviation Aceademy, Mitsui (Japan), Amann (Germany), UMS (Singapore), Asian Development Bank, PHI Group entering Quang Nam lead to a "non-stop" wave of investment in the locality.

Quang Nam has become an attractive investment address for South Korean companies. South Korea ranks first in the number of FDI projects in Quang Nam (nearly 60 projects).

Quang Nam has also become good land attracting enterprises and investors from different countries/territories around the world.

According to Chairman of the Quang Nam provincial People's Committee Le Tri Thanh, the success of  investors in Quang Nam shows the local investment environment has been improved.

A chance for “booming” investment

Quang Nam and South Korean Hyosung Advanced Materials have signed a cooperation in building mechanical and supporting industrial factory in the Chu Lai Open Economic Zone.

The projects of Vidaxl Group (Netherlands), Karcher (Germany), Guoguang Electric Co. Ltd (China) are being appraised to be granted investment license by Quang Nam authorities.

Dr. Tran Du Lich - Head of the consulting group for development cooperation in Vietnam’s Central Coast said Quang Nam would become one of the most dynamic localities in Central Vietnam in the next 10 years.    

According to Vice Chairman of the provincial People’s Committee Ho Quang Buu, after virtual meeting with representatives of European Union (EU) in June, 2022 and the visit of the delegation from the US state of California to Quang Nam in August, 2023, Quang Nam hoped to attract more investment from the US and Europe.

Reported by T.DUNG - Translated by K.OANH


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