Quang Nam: favourable conditions for investors

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(QNO) - A forum of Public-Private Partner (PPP) was organised in Tam Ky city on 11-12 October by the Ministry of Planning and Investment of Vietnam and Quang Nam provincial People’s Committee. Present at the event were representatives from the provinces and cities of Quang Nam, Quang Ngai, Binh Dinh and Thua Thien-Hue, Da Nang, Deputy Minister of the Ministry of Planning and Investment of Vietnam Dang Huy Dong. The forum aimed to find out solutions to difficulties in projects of the PPP in localities in all fields.

 The scene of the forum
The scene of the forum

Speaking at the forum, Vice Chairman of Quang Nam People's Committee Le Tri Thanh emphasized the province is positively attracting investors. The capital is estimated approximately 130,000 billion VND till 2020. At present, there are 7 PPP projects in the province in such fields as infrastructure, urban areas, transport infrastructure, water supply drainages, and environment. Besides, 41 other projects will be deployed until 2020 with the total capital of VND 155,000 billion, mainly from private capital source.

Deputy Minister Dang Huy Dong at the forum
Deputy Minister Dang Huy Dong at the forum

According to Deputy Minister Dong, this event aimed to collect ideas to reap harmonious benefits between the State and private investors relating to the PPP. We need to bring confidence to investors in the PPP, complete its legal frame and reduce administrative procedures for investors. In the coming time, the Ministry of Planning and Investment of Vietnam will give out a standard set of regulations and send it to the Government of Vietnam to solve problems in the TPP in all fields.