November 22, 2017 | 21:10 (GMT+7)
Taiwanese firms eye investment in Binh Duong
Several Taiwanese firms (China) plan to explore investment opportunities in the southern province of Binh Duong, according to a Taiwanese official.
Production in a company in Binh Duong.
During a meeting with the provincial
People’s Committee on November 21, Guo You Ting, Head of the Association of
Taiwanese Enterprises hailed the improved local investment climate, saying Binh
Duong is an attractive destination for foreign investors.
Speaking at the event, Tran Thanh
Liem, Vice Chairman of the provincial People’s Committee lauded the projects
and contribution of Taiwanese firms and the association in local socio-economic
development.
He updated his guests on the
province’s investment attraction plans and its measures to improve the business
climate, thus creating optimal conditions for enterprises.
He expressed his hope that more
Taiwanese companies will invest in the province.
According to Liem, Taiwan
is the province’s biggest investor, with 772 projects, worth more than 5.5
billion USD.
Construction of a Taiwanese factory
producing polyester will begin on November 24 on nearly 200 hectares in Bau Bang
Industrial Park, Liem
said.
According to Liang Guang Zhong, Head
of the Taipei Economic and Culture Office in Ho Chi Minh City, Taiwan
is willing to work with the locality in implementing projects using official
development assistance on flood prevention and waste treatment.
Source: VNA