Expanding development space, Hung Yen accelerates international cooperation

Mai Hương |

Hung Yen - The province continues to expand cooperation with strategic investors in the field of infrastructure and industry.

Hung Yen continues to demonstrate its determination to selectively attract investment, arousing the potential of the former Thai Binh region, through specific meetings with large domestic and foreign corporations.

In the process of developing the industrial space and economy towards the sea, Hung Yen is actively interacting and working with many strategic investors, including the Pacific Construction Group - a unit with international experience in the field of infrastructure and urban development.

The provincial leaders affirmed that Hung Yen currently has a lot of room for industrial development, especially after merging with Thai Binh province. In addition to clean land in industrial parks and industrial clusters, the province is owning an Economic Zone with the orientation of expanding to the sea - a strategic factor attracting investors in the fields of infrastructure, logistics, and high-tech industry.

According to statistics, there are currently nearly 900 foreign-invested projects in Hung Yen, of which more than 280 projects are from China and the territory, with a total registered capital of about 4 billion USD. Notably, about 200 of these projects have come into operation, creating jobs for about 50,000 workers. The above figures show the trust and long-term choice of international enterprises in the local investment environment.

Representative of the Pacific Construction Group - Mr. Nghiem Gioi Hoa, also Chairman of the Trang Nghiem Research Institute - shared his desire to strengthen connections with Hung Yen to implement research, survey and gradually promote investment activities in the province.

He said that the Group was established in 1986 and has so far built over 1,000 urban areas and 3,000 high-tech parks in China. In the process of expanding international cooperation, the Pacific is focusing on ASEAN countries, Central Central Asia and Eastern Europe; in Vietnam alone, the Group has begun to promote cooperation since 2017 and is implementing a number of transport infrastructure projects.

At the meeting, leaders of Hung Yen province highly appreciated the Group's experience and strategic vision in implementing large-scale, breakthrough projects, especially transport projects through forests and mountains. The province expressed its hope that the Group will accompany Hung Yen in solving "difficult problems", including key projects such as deep-water seaports and railway connecting the region.

Hung Yen province also committed to continuing to accompany investors throughout the process of surveying, researching and implementing the project, through support from departments and branches, especially the Department of Construction - the unit assigned to provide information and policy advice. Specific and appropriate mechanisms will continue to be studied to create the most favorable conditions for investment activities of enterprises.

Mai Hương
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