Vietnam: An Giang Province has granted investment policy approvals and investment certificates to 19 ventures with a total investment of U$2.58bn. The event took place as part of a conference to announce An Giang's Master Plan and Investment Promotion, according to Viet Nam News.
Alongside real estate and tourism projects are industrial investments, which include a US$223m cement plant to be built by Ha Tien Kien Giang Cement, part of Tan A Dai Thanh Group, in Ha Tien Kien Giang. Thailand's Siam City Cement has separately been granted permission to develop the Hon Chong cement plant in the town of the same name. This project is reportedly valued at US$420m. Permission was also granted for the development of a US$60m solar power plant by Sao Mai Group.
Ho Van Mung, Chair of the An Giang Province’s People's Committee, said “An Giang considers the success of businesses as the success of the province. The effectiveness of investors is the driving force for local growth. An Giang is committed to supporting and creating the most favourable conditions regarding administrative procedures, land, site clearance, meeting human resource needs, and ensuring absolute security and safety of assets.”
