Quang Ninh vows to create optimal conditions for Chinese Taiwan investors

The northern province of Quang Ninh always prioritises calling for investment and creating the most favourable conditions for investors from Taiwan (China), especially in the fields of processing, manufacturing, electronics and semiconductor industries in its industrial zones.
Quang Ninh vows to create optimal conditions for Chinese Taiwan investors
The online conference on promoting investment in Quang Ninh. (Photo: Nhan dan Newspaper)

The statement was made by the Chairman of the provincial People’s Committee Nguyen Tuong Van during an online conference on promoting investment in the province on November 9.

Shi Ruiqi, Chief Representative of the Taipei Economic-Cultural Office in Ha Noi, highly appreciated the investment environment of Viet Nam in general and Quang Ninh in particular, especially in the transport infrastructure system.

He said Quang Ninh is a Vietnamese locality worth being invested in by Chinese Taiwan enterprises, as the province has topped the Provincial Competitiveness Index (PCI) for four consecutive years, and the local authorities have taken the initiative in supporting investors.

With 16 industrial parks, three border gate economic zones and two coastal economic zones, covering a total area of 377,670 ha, Quang Ninh province expects to continue attracting Chinese Taiwan investors, particularly in the processing, manufacturing, electronics and semiconductor industries.

In addition, Quang Ninh has high-quality human resources and skilled workers. In 2020, the rate of trained workers is estimated at 85 percent, much higher than the country's average rate of about 65 percent.

Taiwan (China) has run more than 2,800 investment projects worth over 35 billion USD, ranking fourth among countries and territories pouring capital into Viet Nam. There are currently 10 Chinese-Taiwan-invested projects worth 138.48 million USD in Quang Ninh province.

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(Source: VNA)