October 17, 2024 | 10:08 GMT +7

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Thursday- 10:08, 17/10/2024

Ninh Thuan seeks investment cooperation in Southern provinces

(VAN) Ninh Thuan will intensify cooperation activities and investment promotion connections in key industrial provinces and cities in the South.
Ninh Thuan is enhancing its efforts to attract investment into industrial parks and clusters to create a breakthrough for the province's industrial sector. Photo: TL.

Ninh Thuan is enhancing its efforts to attract investment into industrial parks and clusters to create a breakthrough for the province's industrial sector. Photo: TL.

On October 18, the Ninh Thuan Provincial People's Committee will organize an investment connection and promotion conference in Dong Nai Province.

The conference will be attended by leaders of the Provincial Party Committee, the Provincial People's Committee, departments, sectors from both Ninh Thuan and Dong Nai provinces, business associations, and approximately 100 enterprises and investors from Dong Nai.

This event holds significant importance for Ninh Thuan to showcase its potential, strengths, investment environment, and industrial parks and clusters to businesses and investors from southern provinces and cities.

At the same time, it is an opportunity for organizations, enterprises, and investors to explore cooperation opportunities for infrastructure investment and business production within industrial parks and clusters, creating breakthroughs for the province's industrial sector and contributing to the economic and social development of the locality.

Ninh Thuan has significant potential for tourism development. Photo: TL.

Ninh Thuan has significant potential for tourism development. Photo: TL.

According to the Ninh Thuan Provincial People's Committee, the socio-economic situation of the province has shown positive changes in recent years, with a considerable expansion of the economic scale. The average GRDP growth rate from 2021 to 2023 reached 9.28% per year.

The province's competitiveness has improved significantly, with the PCI index in 2023 ranking Ninh Thuan 11th out of 63 provinces and cities, and 2nd out of 14 coastal provinces in Central Vietnam. Ninh Thuan is also in the top 30 provinces and cities with the best governance quality in the PCI 2023.

In the first nine months of 2024, the province's socio-economic situation continued to recover and stabilize. Some sectors have shown positive changes, with notable growth in trade, tourism, services, and industry. The agricultural and rural economy maintained stable growth. The provincial GRDP reached VND 20,662 billion, total social investment capital was VND 13,762 billion, and state budget revenue in the area reached VND 3,540 billion.

These conditions provide a favourable environment for businesses to invest in the province. Ninh Thuan is committed to continually improving the investment business environment and creating the best conditions for investors.

At the same time, the province will accompany investors and businesses during their operations in the locality, ensuring the best rights and exploiting the potential and advantages for development in the future.

Author: Phuong Chi

Translated by Hoang Duy

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