On November 9, the People's Committee of Ninh Thuan province announced that it has a direction to attract and call for investment.
Regarding investment incentive policies, Ninh Thuan provincial leaders said that the locality has been applying investment policies in the province in the direction of ensuring the best benefits and the most convenient and simple administrative procedures for investors with investment projects in the province.
Accordingly, the highest incentive level within the State's regulatory framework is applied according to the provisions of the Investment Law, Land Law, Corporate Income Tax Law and Import-Export Tax Law.
All districts of the province in areas with particularly difficult socio-economic conditions enjoy the highest investment incentive policy framework according to the investment area as prescribed by the Investment Law 2020...
Currently, the Planning and Strategy of Ninh Thuan province for the period 2021-2030, with a vision to 2050, has been approved by the Prime Minister in 2023, with a strategic vision of "Ninh Thuan - Land of convergence of different values" to create different values to create economic competitiveness and exploit potential.
The plan identifies five breakthrough industry clusters, including energy and renewable energy; high-quality tourism; processing and manufacturing industry; high-tech agriculture; construction and real estate market.
Ninh Thuan province has focused on investing in and calling for key projects such as Ca Na comprehensive seaport infrastructure; railway connecting Ca Na station to the seaport; transport system connecting the port with inter-regional roads to the provinces of the Southern Central Highlands; Thap Cham - Da Lat railway; dry port and class II logistics center.
Especially in the field of renewable energy, Ninh Thuan aims to become the center of renewable energy and clean energy of the whole country, with a system of renewable energy plants that have come into operation and are under construction, including a number of large projects being implemented such as the Ca Na LNG Power Complex Phase 1 (1,500MW), the Bac Ai 1,200MW pumped-storage hydropower plant, and the Phuoc Hoa 1,200MW pumped-storage hydropower plant project.
Particularly for the industrial sector, Ninh Thuan has 3 industrial parks (Du Long, Phuoc Nam, Thanh Hai) with a total area of 855 hectares and 1 Ca Na industrial park of 827 hectares that is submitting for investment approval.
The province's industrial parks and clusters have convenient transportation, deep-water seaports capable of receiving ships with a capacity of up to 300,000DWT, aiming to become international transit ports, linked to the region's logistics center.
On November 15, Ninh Thuan province will coordinate with the Ho Chi Minh City People's Committee to organize a conference to promote investment, trade and tourism in Ho Chi Minh City.
At this conference, Ninh Thuan provincial leaders introduced the potential and investment opportunities of Ninh Thuan province. In addition, there were exchanges and discussions between investors and enterprises of Ho Chi Minh City with leaders of Ninh Thuan provincial People's Committee and related departments, agencies and branches.
At this conference, the parties will sign a memorandum of understanding (MOU) between Ho Chi Minh City enterprises and investors in industrial park infrastructure and enterprises of Ninh Thuan province.
This is an opportunity for Ninh Thuan province to introduce the potential, strengths, and investment environment of Ninh Thuan province, Ninh Thuan industrial parks and clusters to businesses and investors, and also an opportunity for organizations, businesses, and investors to learn about investment cooperation opportunities in 5 important industrial clusters of Ninh Thuan province.
