Investment News


Cooperation agreement on sustainable development of the Red River Delta region

11/02/2023

In order to contribute to support sustainable development and turn the Red River Delta into a growth engine for the whole country, on the morning of February 12, within the framework of a conference to implement the Government's action plan to implement Resolution No. -NQ/TW of the Politburo held a ceremony to announce the cooperation agreement on sustainable development of the Red River Delta between the Ministry of Planning and Investment and development partners; concurrently awarding investment certificates and memorandums of understanding from localities in the region.

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Deputy Minister of Planning and Investment Tran Duy Dong and representatives of 6 development partners in the Red River Delta announced the Memorandum of Understanding, Memorandum of Understanding and Expression of Interest in funding.

At the announcement ceremony, under the witness of Prime Minister Pham Minh Chinh, Deputy Prime Minister Tran Hong Ha and leaders of ministries, branches, localities, the Ministry of Planning and Investment and representatives of 6 development partners. are: Asian Development Bank (ADB) in Vietnam; French Development Agency (AFD); Japan International Cooperation Agency (JICA); Korea Export-Import Bank (KEXIM); Korea International Cooperation Agency (KOICA) in Vietnam; The World Bank (WB) in Vietnam has signed a memorandum of understanding, a memorandum of cooperation to provide capital for development projects in the Red River Delta with a total of 20 projects, with a total capital of more than 2.6 billion USD, focusing on the development of transport infrastructure, urban areas, irrigation and climate change response.

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Comrade Cao Tuong Huy, Acting Chairman of Quang Ninh Provincial People's Committee awarded the Investment Registration Certificate for the project of manufacturing safe products for automobiles and motor vehicles for export.

Within the framework of the announcement ceremony, the awarding ceremony of 30 documents was the Certificate of investment registration of the projects. Decision on investment policy of projects, Memorandum of Understanding on investment cooperation with a total investment capital of 167,000 billion VND (equivalent to 7.1 billion USD) of localities in the Red River Delta.

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Comrade Cao Tuong Huy, Acting Chairman of Quang Ninh Provincial People's Committee, awarded the Investment Registration Certificate to the Vietnam Boltun Locking and Stamping Production Project in Bac Tien Phong Industrial Park, Quang Yen Town and the Project of manufacturing components. accessories for the automotive industry.

In which, Comrade Cao Tuong Huy, Acting Chairman of Quang Ninh Provincial People's Committee awarded the Investment Certificate for the project of manufacturing safe products for automobiles and other motor vehicles for export with a total investment capital. over VND 3,773 billion of Autoliv Vietnam Co., Ltd; The project of manufacturing bolts and stamping for Boltun Vietnam in Bac Tien Phong Industrial Park, Quang Yen town and the project of producing auxiliary components for the automobile industry with a total investment of over VND 4,000 billion of the Group. QST International Corporation and Boltun Corporation.

 

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Chairman of the Hanoi People's Committee Tran Sy Thanh hands over the investment policy decision and investment certificate of Hanoi city to investors.

In addition, there are many other large projects that have been awarded certificates of investment registration by the leaders of provinces and cities in the region. Decide on investment policies such as: Parking project, Aeon Mall Hoang Mai, Giap Bat with a total investment of over 6,000 billion VND; Investment project to build social housing for sale and rent with a total investment of over 4,800 billion VND; Investment in construction and infrastructure business of Yen My II Industrial Park expanded with a total investment of nearly VND 2,700 billion...