Nearly 23 trillion registered for investment in Nghe An
(Baonghean.vn) - On the morning of February 19, within the framework of the program Meeting with investors in the Spring of Dinh Dau 2017, leaders of Nghe An province awarded Investment Registration Certificates to 8 projects and signed 15 memorandums of understanding and investment cooperation agreements in Nghe An with a total registered capital of 22,628 billion VND.
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| Prime Minister Nguyen Xuan Phuc and provincial leaders and BIDV co-chaired the conference. |
This is an important highlight in the annual Spring investor meeting program, along with the Signing Ceremony of Investment Cooperation Agreements between Nghe An Provincial People's Committee and investors and the Signing Ceremony of Credit Provision Agreement of BIDV Bank for projects.
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| Leaders of the Party, State and Nghe An province witnessed representatives of BIDV Bank signing capital financing agreements for investment projects in Nghe An. |
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| Awarding Certificates of Merit to investors and businesses in investment activities in Nghe An in 2016. |
8 projects were awarded Investment Registration Certificates: 1-WHA Hemaraj 1 Industrial Park investment project is invested by the Joint Venture of Traffic Construction Corporation IV - JSC and WHA Hemaraj Land and Development PTE.Ltd; with a total investment of 2,056 billion VND; located in the Southeast Economic Zone. 2- Nghe An MDF Fiberboard Factory Project invested by Nghe An MDF Wood Joint Stock Company; with a total investment of 1,754 billion VND; located at Tri Le Industrial Park, Khai Son Commune, Anh Son District. 3- Cau Cau tourist, mixed tourism and resort area invested by Transport Construction Corporation 4 - JSC; with a total investment of 1,532 billion VND; located in Thanh An Commune, Thanh Chuong District. 4- Domestic and industrial waste treatment plant at Nghi Yen Solid Waste Treatment Complex invested by Jet Japan Joint Stock Company; total investment of 600 billion VND; Location in Nghi Yen Commune, Nghi Loc District. 5- Container Shell Production Project invested by TKV Group Corporation (Korea); total investment of 549 billion VND; located in Southeast Economic Zone. 6- Project of Investment in construction, ownership and business of the Trade Center combined with Do Luong traditional market invested, built, managed and exploited by the Cooperative of Hai An - Do Luong market, with a total investment of 330 billion VND; located in Yen Son Commune and Do Luong town, Do Luong district. 7-The North Central Transport Exploitation Center Project is invested by Construction Joint Stock Company 465; with a total investment of 95 billion VND; located in Hung Dao Commune, Hung Nguyen District. 8- The project of breeding sow farm in Nghia Dan district is invested by Nghia Dan Pig Investment and Breeding Joint Stock Company; with a total investment of 56 billion VND; located in Nghia Hoi Commune, Nghia Dan district. |
Next, the delegates attending the meeting also witnessed the signing ceremony of investment agreements between Nghe An province and investors of 15 projects including:
1- Three projects proposed by the Vietnam Market Development and Management Cooperative Union include: + Project of Investment in construction, ownership and business of Tan Ky town market, Tan Ky district, total estimated investment of 177 billion VND. + Project of Investment in construction, ownership and business of the Trade Center combined with Hoang Mai traditional market in Quynh Thien ward, Hoang Mai town, total estimated investment of 152 billion VND. + Project of Investment in construction, business ownership of Cultural, Sports, Hotel and Commercial Service Center of Tan Ky district, total estimated investment of 86 billion VND. 2- The Traditional Medicine Hospital project in Hung Dong commune, Vinh city, proposed by Thai Thuong Hoang Investment, Trade and Service Joint Stock Company, has a total estimated investment of 300 billion VND. 3- Project of showroom for cars, motorbikes, spare parts, services and offices by Vinamotor Group Joint Stock Company in Nghi Phu commune, Vinh city with total estimated investment of 42 billion VND. 4 - Investment project to build infrastructure for industrial parks, urban areas and services in the Southeast Economic Zone proposed by Phuc Loc Group Joint Stock Company. 5 - Three projects of TKG Group Joint Stock Company (Korea) registered for investment in the Southeast Economic Zone include: Korea University of Technology Project, with a total estimated investment of 2,500 billion VND; Computer assembly project with a total estimated investment of 61 billion VND and Medical waste incinerator project with a total investment of 58 billion VND. 6- The complete agricultural production value chain project "From Farm to Table" in Nghe An province proposed by Mavin Group (Australia), including: - High-tech nuclear pig breeding center in Anh Son district, with about 2,500 sows, area of about 50 hectares, total investment of about 250 billion VND. - High-tech livestock science research center, total investment of about 350 billion VND. - Meat food production and processing factory, using European technology, total investment of about 500 billion VND. 7- Agreement in principle between Nghe An province and the Australian Chamber of Commerce in Vietnam (AusCham) on supporting the connection of Australian businesses and investors investing in Nghe An province and organizing investment promotion events in 2017. 8- Hoang Mai 2.1 Cement Factory Investment Project proposed by Hoang Mai Cement Joint Stock Company, expected area of 122 hectares; Total investment capital of phase 1 is 4,900 billion VND at Dong Hoi Industrial Park - Southeast Economic Zone. 9- Japan's Biomass Fuel Project, with an estimated total investment of 600 billion VND. 10- Proposal of T&T Group Joint Stock Company to research and survey investment in the western area of Vinh city, an area of about 190 hectares to implement an urban, service, ecological and commercial project. 11- The Cable Car Project and Cua Lo Beach Resort and Entertainment Complex proposed by Binh Minh Investment Development and Service Joint Stock Company, with a total estimated investment of 1,500 billion VND. 13- A chain of 03 Vincom Trade Center projects in Cua Lo, Hoang Mai, and Thai Hoa towns proposed by Vingroup Corporation, with a total estimated investment of 250 billion VND. 14- Two projects proposed by GBA Group Viet Han Company include: Factory producing products from Korean Ginseng in Hung Nguyen district, Nghe An province with a total expected investment of 200 billion VND and Center for scientific research on Ginseng and Medicinal materials and introduction of functional foods and clean foods in Vinh city, Nghe An province, with an expected investment capital of about 100 billion VND. 15- The project to build Hai Chau II Food Confectionery Factory was proposed by Sugarcane Corporation I, Joint Stock Company, with a total estimated investment of 130 billion VND. |
Also at the Conference, BIDV - the co-organizer and sponsor of the program signed a contract in principle to provide credit to the project: Investment project to build an MDF fiberboard factory of Nghe An MDF Wood Joint Stock Company as the investor; MDF fiberboard scale 180,000 m3/year and 2,400 m of plywood3/year at Tri Le Industrial Park, Khai Son commune, Anh Son district with a total investment of 1,754 billion VND, of which the expected loan capital from BDIV is 1,403 billion VND./.
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