Southern Long An province prioritises investment from international corporations
The Mekong Delta province of Long An will focus on attracting investments next year, particularly from international corporations with strong brand recognition to foster production and consumption links for support industries and to establish stable, sustainable supply chains, Nguyen Van Ut, Chairman of the provincial People’s Committee, has said.
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| Long An prioritises investment from international corporations. (Illustrative image: HTLand.vn) |
According to the leader, the province will ramp up industrial development and restructuring, with an emphasis on high-tech industries, semiconductors, and supporting industries. Efforts will be directed at resolving challenges such as land compensation, clearance, and resettlement. Long An also aims to accelerate infrastructure development and bring additional industrial zones and clusters into operation, increasing the availability of clean land for investment. Furthermore, it plans to complete the proposal for establishing the Long An economic zone in Can Giuoc and Can Duoc districts.
Truong Van Liep, Director of the provincial Department of Planning and Investment, noted that investment promotion activities have been intensified in 2024, hence engagements with major organisations and investors in line with the local investment orientations. The year saw the groundbreaking of several significant industrial and commercial projects, including the Suntory PepsiCo Vietnam beverage plant, Aeon shopping centre, and the Thai Tuan textile plant.
Currently, Long An is home to nearly 1,400 foreign-invested projects valued at approximately 12.6 billion USD. Among these, 635 projects worth over 4.2 billion USD are operational.
(Source: VNA)
