1. Ho Chi Minh City seeks for investment in 197 projects
The HCMC government is mobilizing public and private funds for over USD40 billion in 197 projects. The call for such investment are mostly for traffic infrastructure; environment protection, waste water treatment; industry, trade-service, education-training, healthcare, culture-sport and tourism sectors.
Notable investment projects with their estimated investment capitals are:
- HCMC-Moc Bai Expressway with 25 kilometers in HCMC and over 23.7 kilometers in Tay Ninh (US$683 million);
- An 8.7-kilometer road project parallel with National Highway 50 and the extended Vo Van Kiet Avenue (US$162 mln),
- project from Ring Road No. 3 to HCMC’s border with Long An Province (US$589 mln);
- 12 metro line projects (US$18.2 billion);
- Waste-to-energy project with a capacity of 2,000 tons of waste per day (US$210.2 million); and
- waste collection and treatment system in the area of Tan Hoa – Lo Gom (US$269.2).
Email us at info@trunold.com if you would like to get the full list of these 197 investment projects.
(Source: The Saigon Times)
2. Hau Giang calls for investment in 76 projects
The Mekong Delta province of Hau Giang is calling for investment into 76 projects valued at more than US$2,14 billion.
By 2030, the southern province looks to achieve an export growth rate of 20% per year; a GRDP growth rate of 8% per year, with the 2026-2030 period seeing an annual increase of 8.5-10%. It also expects to obtain a 20% rise each in total domestic revenue and total investment.
The province has great strength in agricultural sector and thus is seeking US$243 million for 21 projects in high-quality rice processing and preserving, organic rice farming, and aquaculture combined with tourism, among others.
In addition, Hau Giang is also calling for investment in nine industrial park projects and seven industrial cluster projects expected to reach an investment capital of more than US$1.3 billion.
Chairman of Hau Giang People’s Committee, Mr. Dong Van Thanh, pledged the local authority will offer optimal conditions for investors conducting their business in the province.
Recently, Hau Giang has emerged as an investment hub in Mekong Delta. The province is said to offer preferential policies on tax and land leasing since it is categorized in current investment regulations as an area having “especially difficult socio-economic conditions.”
(Source: KinhteSaigonOnline)