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(QNO) - Vice Chairman of Quang Nam province, Ho Quang Buu, has just signed a document on the local investment promotion plan for 2025.
Reportedly, in the first 6 months of 2024, Quang Nam province licensed 7 new FDI (foreign direct investment) projects with a total investment capital of 124.24 million USD and 14 new domestic projects with a total registered capital of more than 4,200 billion VND.
Quang Nam province currently has about 1,148 valid domestic projects with a total investment capital of 230,000 billion VND, and 198 valid FDI projects with a total registered capital of 6.2 billion USD.
Regarding the industrial sector, Quang Nam province will attract industries with high automation, the development of automobile manufacturing and assembly, mechanical and electronic products, and the establishment of a national multi-purpose mechanical and automobile center.
Beside, Quang Nam will build a national pharmaceutical processing center, a silica technology center in Central Vietnam, and a gas power center associated with energy-using industries and post-gas products in the Chu Lai Open Economic Zone.
In particular, for the urban sector, the province prioritizes attracting large-scale, modern, and green real estate, urban, and housing investment projects towards smart and ecological urban areas...
As for the agricultural sector, Quang Nam will attract organic, safe projects, linking the value chain of sustainable production - processing - consumption associated with ecological models, climate change adaptation, sustainable forest development, forest carbon credit development, medicinal herbs under the forest canopy, and Ngoc Linh ginseng products.
It is expected that in 2025, Quang Nam province will deploy many investment promotion programs and activities to attract more foreign and domestic investors to the locality.
