FLC signs a contract to invest 4 big projects in Dong Thap

FLC signs a contract to invest 4 big projects in Dong Thap

Thứ Tư, 20/12/2017, 17:02

Prime Minister Nguyen Xuan Phuc and leaders of ministries and sectors of Dong Thap province celebrating investors. Photo by: Nguyen Trung.

In the morning of December 19th, Prime Minister Nguyen Xuan Phuc witnesses the signing ceremony of Memorandum of Understanding between FLC Group and the People's Committee of Dong Thap Province under the framework of the Investment Promotion Conference held in Dong Thap province.

In recent years, Dong Thap has consistently ranked among the top countries in the Provincial Competitiveness Index (PCI), Viet Nam Governance and Public Administration Performance Index (PAPI) and administrative reform.

The province is highly appreciated for its model of actively listening and sharing with investors, especially in the administrative reform, and creating a transparent investment business environment.

At the conference, expressing optimism over the creative and drastic steps of the province on attracting and appealing investment as well as accompanying with enterprises, Prime Minister Nguyen Xuan Phuc suggests Dong Thap province continues to keep up the achieved results.

"After the Lunar New Year, Vam Cong bridge, Cao Lanh bridge can be inaugurated, these are two important bridges to connect Dong Thap with Ho Chi Minh City and Mekong Delta provinces, what we have longed for years. Therefore, let's go with Dong Thap to expand the spirit of ‘Alone I go faster, together we go further,” says the Prime Minister and expresses his wish for big investors to be "the leading cranes" in Dong Thap.

Speaking at the conference, Secretary of Dong Thap Provincial Party Committee, Mr. Le Minh Hoan highlights that the province has actively cut off more than 50% of time in carrying out administrative procedures related to business operations; been transparent in the determination of financial obligations on land between agencies to implement e-tax for businesses and the reform process has still been ongoing.

Referring to investors' concerns about "tenure-based way of thinking, tenure-based policies" will obstruct business and operation activities, Mr. Hoan also pledges not to allow the short term things to affect the long term target and under no circumstances could investors fail for this reason.

Also in the framework of the conference, under the witness of Prime Minister Nguyen Xuan Phuc and leaders of central ministries and committees, leaders of Dong Thap province have handed over investment decisions on 21 projects and 16 Memorandums of Agreement for investment projects in many fields with a total registered capital of nearly VND24,000 billion (about $1 billion).

Notably, FLC signs a memorandum of understanding to invest in 4 major projects in tourism, eco-resort and agriculture with total capital of VND5,700 billion (accounted for about $250 million).

These 4 projects include FLC My Phu Luxury villa, condotel and conference center; FLC Sa Dec agricultural tourism resort; FLC Tam Nong Luxury ecotourism and entertainment resort, recreation and luxury resort; and FLC Cao Lanh Luxury Condo & Hotel, conference center and villas.

Those projects are expected to be complete (adj) in 2020.

Thus, after a series of such provinces as Thanh Hoa, Vinh Phuc, Binh Dinh, Quang Ninh, Hai Phong, Quang Binh, Nghe An, Ha Tinh..., Dong Thap will be the next place in the research and investment plan of FLC.

"With an open and transparent environment, we hope that the projects will soon be implemented in order to contribute to the investment resources for the integrate and advanced socio-economic structure development in Dong Thap in particular and the Mekong Delta area in general," the representative of FLC talks to the press on the sidelines of the conference.


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