FLC Group will invest in a 5,000 billion VND resort in Nghe An

(Baonghean.vn) - FLC has just signed a memorandum of understanding with the People's Committee of Nghe An province to invest in a high-end ecological resort complex project with a scale of about 500 hectares and an investment of about 5,000 billion VND.

On the sidelines of the meeting with investors, Nghe An Newspaper reporters recorded many opinions shared about the investment situation of investors and agencies.

Mr. Dang Tat Thang - Deputy General Director of FLC Group:

"Will invest 5,000 billion VND in high-class ecological resort complex"

Mr. Dang Tat Thang - Deputy General Director of FLC Group

"Nghe An has a long coastline with many beautiful beaches and many other beautiful landscapes. With experience in resort investment, FLC Group can cooperate and invest in this field. In the future, we are considering investing in this area.

The problem is that local authorities need to be strongly determined, because now the competition at the provincial level is very high, each province needs to have specific mechanisms to give incentives and attract investment so that we can start implementing the project.

For now, we have signed a memorandum of understanding with the People's Committee of Nghe An province to invest in a high-end eco-resort project with a scale of about 500 hectares and an investment of about 5,000 billion VND.

Right after this conference, we will promote cooperation with foreign consultants and the Provincial People's Committee to research, review, and move towards specific planning and implementing the next steps."

Nguyen Nguyen (recorded)

Mr. Son Byung Guk - Chairman of GBA Group - Korea:

"Need a brand protection policy for business products"

Mr. Son Byung Guk - Chairman of GBA Group - Korea. Photo: Thu Huyen

"After 3 years of researching land, markets... in Vietnam, we realized that Nghe An has potential for agricultural and food production. We have experience in this field and want to learn about the distribution system for export products to ASEAN countries and countries with large consumption sources.

At the conference, we signed a memorandum of understanding to invest in a black ginseng factory with an investment capital of 10 million USD in Hung Nguyen district (Nghe An) and a Center for Research on Clean Food Products and Functional Foods in Vinh city with an investment capital of 5 million USD.

In the coming time, we need local propaganda support on technology and equipment so that people can understand and access the products; at the same time, there is a policy to protect the brand of the products. We believe in the cooperation of both sides to produce and bring high-quality clean agricultural products of Nghe An to the world market and thereby increase the export value, as well as the life of the people here"

Thu Huyen (written)

Mr. Duong Van Chien - Chairman of Vietnam Market Development Association:

"Hopefully the market system in the province will be invested and upgraded"

Mr. Duong Van Chien - Chairman of Vietnam Market Development Association.

"Nghe An is a large province with a network of over 400 markets, but it has not been invested in a socialized model. Nghe An's potential investment environment in this field is very large. Currently, we have implemented more than 20 projects. At the conference, we were awarded an investment certificate for a market and commercial center in Do Luong.

In addition, there are 3 projects signed investment agreements, including: Investment project to build, own and operate Tan Ky town market, with a total estimated investment of 177 billion VND. Investment project to build, own and operate Tan Ky district Cultural, Sports, Hotel and Commercial Service Center, with a total estimated investment of 86 billion VND. Investment project to build, own and operate Hoang Mai traditional market and trade center in Quynh Thien ward, Hoang Mai town with a total estimated investment of 152 billion VND.

After the conference, in 2017, we will start construction on these 4 projects. After implementing the 4 key projects above, we are especially interested and want to invest in market and commercial center projects in Vinh City, and hope to receive the attention and support of the authorities and people in the area so that the market system in the province will be invested and upgraded, thereby gradually changing the face of the countryside, creating an environment for healthy exchange, buying and selling, and exchanging goods, and developing trade and services in the province.

Viet Phuong (written)

Mr. Nguyen Trong Hung - Director of Trade Promotion Center, Nghe An Department of Industry and Trade:

"Hope investors are interested in investing technology in craft village products"

Mr. Nguyen Trong Hung - Director of Trade Promotion Center, Nghe An Department of Industry and Trade. Photo: Thu Huyen

"At the conference, the Department of Industry and Trade organized a booth to introduce and promote the potential of products, especially craft village products that Nghe An has the potential to develop, to call for investors to learn about... In the booth, a number of projects and documents that the industry and trade sector is looking to attract investment are introduced. Nghe An has many good agricultural products but export is difficult, with low turnover. Currently, traditional production, in addition to its strengths, is concerned about safe production to ensure the environment, and there are still toxic residues that are not controlled.

To develop exports requires attracting domestic and foreign investors. Through this, we want to introduce products that businesses and craft villages in Nghe An produce, and at the same time, we want to attract advanced high technology to create products that meet market needs.

Tung Chi (recorded)