Nghe An: Land fund for attracting investment in large projects is limited
(Baonghean.vn) - According to the latest data, in the period 2014-2019, Nghe An province has granted new licenses to 753 projects with a total registered investment capital of 149,697.03 billion VND and currently there is not much land left for large projects.
Nghe An Province Investment Promotion and Support Center said: Of the 753 investment projects in the period 2014-2019, there are 150 projects with investment capital of over 100 billion VND/project with a total investment capital of 89,141 billion VND.
Investment projects during this period attracted an average of more than 14,000 workers annually.
In particular, Nghe An has attracted infrastructure investors such as VSIP (76.4 million USD) and Hemaraj (92.2 million USD).
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| Producing export corrugated iron sheets at Hoa Sen Nghe An Corrugated Iron Factory. Photo: Lam Tung |
However, according to Mr. Le Tien Tri - Director of the Provincial Investment Promotion and Support Center, many projects are facing procedural problems, so progress is slow.
Besides, the land fund for new projects is very limited. In the recent period, the province has been impatient in attracting investment, so it has attracted small projects, these projects occupy quite a lot of land in industrial zones.
