Southern hub calls investment in 245 projects

Thursday, 28/03/2019 17:22
Ho Chi Minh city has called upon investment in 245 socialized projects in 2019 in a recent meeting between leaders of the city and FDI enterprises.

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The meeting was attended by 225 business associations, international organizations and FDI enterprises operating in the southern hub.

According to the city People’s Committee, in 2018, the city absorbed more than USD7 billion of FDI capital, a year-on-year rise of 15%, bringing the total investment capital from FDI companies to nearly USD45 billion.

In his speech at the event, Mr. Nguyen Thien Nhan, Politburo member and Secretary of the city Party Committee, said that the meeting offered chances for Ho Chi Minh city to share and exchange achievements and need-to-be-solved issues. Aiming to effectively attract FDI, the city should make efforts to improve business climate and competitive capacity, especially the coordination between FDI and domestic enterprises.

He stressed that in 2019, the city will focus on nine groups of solutions to promote socio-economic development, such as: removing difficulties of projects with slow progress, equitizing state-owned enterprises, speeding up the implementation of building Ho Chi Minh city as a smart urban center in combination with the innovative urban center in the east of the city, and building and issuing a project of developing Logistics by 2025, with a an orientation to 2030.

Delegates also expressed their faith in investment in the city, and are ready to cooperate to boost the construction of the smart and innovative hub./.

BTA

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