200 Foreign Investors to Seek Opportunities in Southern Key EZ

3:39:49 PM | 22/10/2007

Around 200 foreign investors are expected to come to the southern key economic zone Mart 2007” to seek investment opportunities.
 
Investors from the U.S., Hong Kong, Singapore, Thailand, and Malaysia will have a very good chance to select favorite projects among 200 projects to be introduced at the event.
 
The projects will concentrate on the areas of infrastructure, real estate and residential areas, information technology and hi-tech, services-finance-tourism, energy, transport and telecommunications in the zone.
 
Workshops on services, education, telecommunications and indirect investment will be also organized during the mart slated to be held in Ho Chi Minh City from October 30-31.
 
By the end of August, the zone had lured 3,033 projects worth more than US$19 billion in investment capital with around foreign-owned US$15 billion, local newspapers said.
 
The total value of the economic zone represents 50 per cent of the nation’s GDP, and it is now home to 66 industrial parks and complexes covering 16,423 ha, equal to 56.8 per cent of the country’s total area of industrial quarters.
 
The zone, the most dynamic economic hub of Vietnam, include Ho Chi Minh City and the provinces of Ba Ria-Vung Tau, Binh Duong, Tien Giang, Long An, Tay Ninh, Dong Nai and Binh Phuoc. (Pioneer, Vietnam Economic Times)