According to the Quang Ninh Provincial Electronic Portal, leading the delegation of delegates representing investment funds wishing to explore investment opportunities and cooperation in Quang Ninh province is the Maybank Group – the largest financial conglomerate and the fourth largest bank in ASEAN with over 2,400 branches and offices in 20 countries and is currently cooperating with many enterprises and banks in Vietnam.
Joining the delegation are 10 investment funds representing corporations from Malaysia, Thailand, Japan, Norway, Hong Kong (China) …
Comrade Cao Tuong Huy, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People’s Committee speaking at the working session.
Welcome the working delegation of leading investment funds in the region and the world to explore investment opportunities and cooperation in Quang Ninh, Comrade Cao Tuong Huy has provided an overview of the province’s unique potential, outstanding opportunities, and competitive advantages.
Specifically, Quang Ninh identifies the strategic position in politics and economics; economic zones, industrial parks; world heritage value; transparent administration; complete transportation infrastructure… as important competitive advantages to attract investment in the coming time.
Regarding the issues that investment funds are interested in and exploring, the Chairman of the Provincial People’s Committee emphasized: Quang Ninh prioritizes calling for and attracting investment, ready to create the most favorable conditions for investors in industries and fields that the province has superior competitive advantages and unique potentials, especially tourism, modern comprehensive services; processing industry, manufacturing, supporting industries, high-tech industries, smart technologies; marine economy, logistics, seaports and port services; ecological agriculture; green economic promotion groups such as clean energy, renewable energy, gas power, wind power; digital economy, digital technology.
According to the statistics report of the Quang Ninh Statistical Office, by 2023, Quang Ninh’s economic scale will reach over 315,000 trillion VND, 1.5 times higher than 2020, with an estimated state budget revenue of over 55,600 trillion VND, leading the country in attracting foreign direct investment with over 3 billion USD, 3.1 times the plan for the year.
The local GRDP per capita in 2023 is estimated to be over 9,400 USD, 1.4 times higher than 2020 (in 2012, the per capita income of Quang Ninh was only about 2,000 USD).
If the good growth momentum is maintained, it is forecasted that the scale of Quang Ninh’s economy will reach over 600,000 trillion VND in the next 5 years.
The province focuses on attracting projects using high technology, modern technology, clean and environmentally friendly industries that create products with high added value, contribute significantly to the budget, require fewer labor, use land economically, have high investment efficiency, have a ripple effect, and connect with global production and supply chains.
The Chairman of the Provincial People’s Committee hopes that investment funds will establish representative offices in Quang Ninh, share information about investment opportunities in Quang Ninh, and support businesses in Quang Ninh province in accessing global financial sources.
Impressed by the development of Quang Ninh province, especially the results of attracting investment in recent years as well as the long-term development planning of Quang Ninh province, investment funds desire that the province continues to create conditions for the working delegation to exchange knowledge, explore investment opportunities, and connect with economic corporations and enterprises in the area for development cooperation in the future.
In the afternoon session, the delegation of delegates representing investment funds visited and surveyed in Bac Tien Phong Industrial Park and Song Khoai Industrial Park in Quang Yen town.
