Among these new projects are a limestone and clay mining project; and a clinker kiln one, both for producing cement, run by Siam City Cement Vietnam, which is a subsidiary of Thailand’s Siam City Group. The two projects will be located in Kien Luong district, with a combined investment of VND10.89 trillion.

Besides, the Sun Phu Quoc Co., Ltd. was approved to build An Thoi Eco Urban Area, Suoi Lon reservoir and a water treatment plant. These projects worth a total investment of VND5.1 trillion.

The 20 new projects also include Resident Hill Phu Quoc, which costs VND2 trillion, and Rach Tram eco-tourism complex and residential zone invested by CityLand Phu Quoc, worth VND4.9 trillion.

The Mekong Delta province pledged to further improve local business climate and legal framework and planning for the investors. It also vowed to remove barriers in public administration scheme and provide the investors with preferential policies.

Kien Giang also aims to create a dynamic, creative and efficient business environment for the investors as it sees their success as its own, said Nguyen Thanh Nghi, Secretary of Kien Giang Party’s Committee. He added that it has been making all possible efforts to offer a better environment for the investors.

The province will be consistent in implementing investment policies and ensure local supply of human resources and necessary services for the investors. In addition, it will increase dialogues between local authorities and businesses to address any problem in a timely manner and help projects run on progress as scheduled.

Source: VNA