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G7

Kien Giang prioritises attracting foreign investment in five main pillars

Five main pillars have been prioritised, namely high-tech agriculture; clean and renewable energy; tourism; trade-services, education-training, and high-quality healthcare; and developing the sea-based economy in association with ensuring defence-security. Kien Giang targets attracting 30-40 FDI projects with total capital of 60-100 million USD during the 2021-2025 period and 40-50 projects with 80-120 million USD in 2026-2030. The province has also set a target of the number of projects using technologies from G7 or OECD countries accounting for 45-50 percent of the total during 2021-2025 and 60-70 percent during 2026-2030, with the localisation rate to equal the country’s average. It expects to create about 175,000 jobs and collect 545 million USD for the State budget during 2021-2025 and over 680 million USD during the next five years. To increase the quality and efficiency of foreign investment, it will bolster its administrative procedure reform and publicise investment … [Read more...] about Kien Giang prioritises attracting foreign investment in five main pillars

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