Mekong Delta province Vinh Long calls for investments worth $2.26 bln

By Thien Ky, Minh Hue
Sat, March 23, 2024 | 8:28 pm GMT+7

Vietnam's southern province of Vinh Long has called for project investments worth VND56 trillion ($2.26 billion) in several areas as it targets becoming a hi-tech agricultural hub by 2030.

At a conference held Saturday to announce the province’s 2021-2030 (with vision until 2050) master plan, it sought investments in 12 projects in agriculture, rural development, tourism, trade and services, infrastructure for industrial zones and clusters, and environmental protection. It estimated the total capital investment for the 12 projects at more than VND13.7 trillion ($553 million).

It said it was also looking for investments worth VND14 trillion for the 178.97-hectare provincial administrative center urban area project in Ward 9, Truong An ward, Vinh Linh town.

Leaders of Vinh Long province grant investment certificates to investors. Photo courtesy of Vietnam News Agency.

Leaders of Vinh Long province grant investment certificates to investors. Photo courtesy of Vietnam News Agency.

Besides, the province is targeting VND8.6 trillion ($347 million) investments for the 72.52-hectare Con Chim tourism, entertainment, commercial services and ecological urban area complex in Truong An ward, Vinh Long town; as well as VND20 trillion ($807.4 million) for the 1,638-hectare An Binh ecological agricultural urban area in An Binh commune, Long Ho district.

At the conference, Vinh Long authorities granted in-principle approvals or investment registration certificates to representatives of businesses.

Prime Minister Pham Minh Chinh expressed his wish that investors target the Mekong Delta in general and Vinh Long in particular. "Enterprises and investors must pioneer in innovation, green development, digital development and technology transfer; improve corporate governance capacity; contribute to training human resources' and perfecting planning schemes for the development of Vinh Long province," he said.

Prime Minister Pham Minh Chinh speaks at the conference to announce the Master Plan of Vinh Long province in the 2021-2030 period, with a vision to 2050, on March 23, 2024. Photo courtesy of Vietnam News Agency.

Prime Minister Pham Minh Chinh speaks at the conference to announce the Master Plan of Vinh Long province in the 2021-2030 period, with a vision to 2050, on March 23, 2024. Photo courtesy of Vietnam News Agency.

He advised Vinh Long to optimize its unique potentials and competitive advantages to develop a modern and sustainable agriculture sector, thus improving local lives.

Under the master plan, by 2030, Vinh Long will be a high-tech agricultural hub in the Mekong Delta with a synchronous and modern infrastructure system connecting smoothly with other localities in the region.

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