Several major projects have proven themselves particularly effective, such as the Superdong high-speed boat from Tran De to Con Dao; the Nha Be garment factory; as well as the Broadpeak apparel, handbags, and leather shoes factory.
Other projects underway include wind power mills in Vinh Chau township and a shrimp breeding factory by Viet-Uc Seafood Corporation. Major corporations such as Vingroup, FLC, and Alphanam are currently seeking opportunities in the locality.
The province recently held a conference on investment promotion and launched a startup campaign in 2018, attracting 50 projects with a total registered capital of nearly VND 123 trillion (USD 5.5 billion), mostly in the fields of wind power, high-tech agriculture, and tourism.
Tran Van Chuyen, Chairman of the provincial People’s Committee, said that in order to further improve the business climate, the province will adopt synchronous measures, including improving the provincial competitiveness index for 2018 and the following years, as well as being flexible in handling administrative procedures and dealing with barriers facing businesses.
Soc Trang is working to put a public administration centre into operation, he said, adding that the province will also accelerate the progress of key projects so as to attract more investment.
Further attention will also be paid towards protecting the environment and ensuring the livelihoods of locals, he said.
He affirmed that the province will not sacrifice the environment and stability of local lives in order to attract investment at any cost.
Source: VNA