Korean enterprises survey 9,000 billion VND project in Nghe An
(Baonghean.vn) - On the morning of September 8, the Provincial Investment Promotion and Support Center worked with a Korean business delegation to learn about the investment environment in Nghe An and the possibility of investing in the Green Economic and Industrial Park project - GEL City in Quynh Loc commune, Hoang Mai town.
| Attending the meeting were Prof. Dr. Lee Beom JAE - former CEO of Samsung, economic advisor to the President of Korea; representatives of investment consortiums. On the local side were the departments of Construction, Natural Resources - Environment, Foreign Affairs, Planning - Investment, Southeast Economic Zone Management Board; leaders of Hoang Mai town and Quynh Loc commune. |
According to general information of DKNEC Company, the Green Economic and Industrial Park project - GEL City in Quynh Loc commune, Hoang Mai town has a total area of 260 hectares, the investor is the joint venture DKNEC - OMEGA - ALPHA; total investment capital is more than 9,162 billion VND. Of which, the investor's capital accounts for 20%, the remaining 80% is borrowed capital and mobilized from secondary investors.
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| Delegates listened to Dr. Dinh Van Hien - General Director of DKNEC Company give an overview of the GEL Green Economic and Industrial Park project in Quynh Loc commune, Hoang Mai town. Photo: Xuan Hoang |
The project's objective is to build a green, multi-industry, multi-functional industrial and economic zone with synchronous investment, including the ASEAN High-Tech Vocational College, an industrial zone that meets the requirements and principles of the TPP Agreement, an urban service area, eco-tourism, spiritual tourism, and high-end resorts with many differences to attract tourists to Hoang Mai town for sightseeing, tourism, and relaxation.
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| Mr. Le Tien Tri - Director of Nghe An Province Investment Promotion and Support Center gave an overview of the potential, opportunities and investment environment in the area. Photo: Xuan Hoang |
The project “Industrial and Green Economic Zone – GEL City” will contribute to improving the infrastructure system, urban architecture and construction of Hoang Mai town; Promoting socio-economic development in Hoang Mai town; Improving the landscape, protecting the environment, effectively exploiting mineral resources, and at the same time providing job opportunities for children in the area.
With those goals and efficiency, the investor recommends that the People's Committee of Nghe An province soon approve the investment policy, as a basis for the project investor to develop the next steps in accordance with the procedures and regulations of the State.
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| A corner of Hoang Mai town. Photo courtesy |
Mr. Le Tien Tri - Director of the Provincial Investment Promotion and Support Center thanked the Korean business delegation for their survey and study of the investment environment in Nghe An. The Center welcomes the investors' suggestions on the province's investment attraction policies and mechanisms, and will create all favorable conditions for investors to operate most effectively.
Xuan Hoang
