BorderProvince Seeking Investors for 51 Key Projects
Northern border Lang Son province is calling for domestic and foreign investments for its large 51 projects worth expected total capital of VND11 trillion (US$687 million) from now to 2010, Vietnam News Agency reported.
The projects will focus on developing agriculture, forestry, industry, service and infrastructure.
The industry sector is given the top priority with 23 projects capitalized at VND7 trillion (US$437.5 million) on building industrial zones and hydroelectricity power plants, namely Bac Giang 1 and 2, Ky Cung 2, 4 and 6.
The border province is boosting cooperation and information exchange with China’s Guangxi province. A delegation from China’s Guangxi Zhuang Autonomous Region has recently arrived in Lang Son, aiming for further bilateral ties.
The two sides agreed to join hands in developing infrastructure, particularly in border economic zones and a joint economic zone.
Cooperative relations between Lang Son and Guangxi have developed remarkably over recent years. Bilateral trade was estimated to reach US$640 million in 2006, up 21 per cent on-year. (VNA, Lang Son’s Website)
Vietnamese
