Thailand's leading retail group comes to survey investment in Nghe An
(Baonghean.vn) - On the morning of October 28, a delegation of Central Retail Vietnam Group led by CEO Olivier Langlet had a working session with the Provincial People's Committee to survey and promote investment in the area.
Chairing and working with the delegation was comrade Le Hong Vinh - Member of the Provincial Party Standing Committee, Permanent Vice Chairman of the Provincial People's Committee. Also attending were representatives of provincial departments, branches and sectors and the Nghe An Investment, Trade and Tourism Promotion Center.
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Overview of the reception and working session. Photo: Nguyen Hai |
On behalf of the provincial leaders, Mr. Le Hong Vinh - Permanent Vice Chairman of Nghe An Provincial People's Committee welcomed and welcomed the delegation who visited and worked in Nghe An. Through this meeting, Nghe An province hopes that the group will have more specific plans for investment promotion in the locality. The province will have preferential policies to attract investment, so investors can survey and learn, based on the conditions and needs of the group to choose the location, location plan, and appropriate investment fields.
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Leaders of Central Retail Group (Thailand) worked with the People's Committee of Nghe An province. Photo: Nguyen Hai |
In Nghe An, the Group plans to invest in a commercial center in Vinh City and a chain of general commercial supermarkets including 9-10 mini GO stores in districts and towns, with a total investment capital of about 25 million USD. The investment in developing the Group's commercial network will contribute to bringing the province's goods into the global supply chain, the projects will create more jobs and revenue for the provincial budget.
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Representatives of the Department of Construction gave comments on the spatial planning for the project when choosing to deploy it next to Vinh-Cua Lo Boulevard. Photo: Nguyen Hai |
On behalf of the Group, Mr. Olivier Langlet - CEO sincerely thanked the provincial leaders for their welcome. The Group representative said that in the next 5 years, the Group plans to invest 1 billion USD in Vietnam. Along with investing in upgrading existing chain stores and commercial centers, the Group plans to develop the chain stores to the district and town levels.
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Delegates watched a clip introducing Central Retail Group's investment capacity in other countries and Vietnam. Photo: Nguyen Hai |
Central Retail Group(CRC) is a leading retail group in Thailand. The group operates in four main segments: food, fashion, electronics - home appliances and real estate. In Vietnam, the group started its business in 2012 and is now the largest foreign-invested retailer in Vietnam with a retail system of 39 shopping centers and more than 350 stores across 41 provinces and cities. The group's three core business segments in Vietnam includeBig C supermarket, GO shopping mall, GO supermarket, Top Market,…
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Representative of Nghe An Department of Planning and Investment gives comments on the location chosen by the investor. Photo: Nguyen Hai |
In the exchange, Mr. Le Hong Vinh - Permanent Vice Chairman of the Provincial People's Committee highly appreciated the specific and practical investment promotion plan of the group. Reviewing the results of the investment implementation of the Big C supermarket project in Vinh City, Nghe An province highly appreciated the investment project in forming criteria for clean food consumption for the people, the significance of job creation and contribution to the provincial budget; the investment project of the group also contributed to creating highlights and urban embellishment.
The expansion of Central Retail Group's investment in Nghe An is not only a business investment plan but also demonstrates the province's reputation and investment environment. The market potential and purchasing power are still quite large, the consumer psychology of Nghe An and Ha Tinh people, successful businessmen of Nghe An are always closely attached to the province, so when investing, they will cooperate with the Group. Nghe An is actively promoting administrative procedure reform and attracting investment; the Group's project will contribute to the province's gradual modernization of the retail system, so we hope that the Group will actively implement the project.
Comrade Le Hong Vinh - Permanent Vice Chairman of the Provincial People's Committee.
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Comrade Le Hong Vinh - Permanent Vice Chairman of the Provincial People's Committee spoke and responded to the recommendations and proposals of investors. Photo: Nguyen Hai |
Regarding the location the investor plans to choose to place the Trade Center at:Vinh - Cua Lo Avenuein Nghi Phu commune and the locations of small supermarket chains in the districts, based on comments from departments and branches, the Standing Vice Chairman of the Provincial People's Committee introduced some more information about the current status of the land, planning and compensation for site clearance to provide more specific advice for investors to consider.
On the basis of suggesting some solutions to overcome difficulties, he suggested that departments and branches coordinate to introduce a few more locations for investors to survey and choose.
Present,Nghe An has 299 O productsCOP, the province welcomes the group's investment project; at the same time, hopes that the group will contribute to bringing the province's OCOP-standard products into the group's distribution chain.
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The food counter at Big C supermarket contributes to orienting the standards of using clean goods and publicizing prices for Vinh City residents. Photo: Nguyen Hai |
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