The southern province of Bac Lieu took in 21 new projects in the past seven months, including the one on making apparels invested by a Republic of Korea investor.
The figure raised the number of licensed investment projects in the locality so far to 40, including 15 foreign-invested ones, with a combined registered investment capital of 873 million USD.
Between now and this year’s end, seven licensed projects are expected to get off the ground.
Besides offering incentives as a draw to investors, Bac Lieu has upgraded its transport network, particularly, Cao Van Lau, Gia Rai – Ganh Hao and Xom Lung – Cai Cung roads.
It has also ramped up electrical and irrigational infrastructure in aquaculture areas, built fishing ports, shelter areas, shrimp and fish breeding facilities as well.
On the strength of rice supply and aquaculture, Bac Lieu also boasts estuaries of Ganh Hao, Cai Cung, Nha Mai and a vast fishing grounds sprawling over 40,000 square kilometres, which enable it to develop a sea-based economy for its growth.
For past years, the province has launched a range of eco-friendly tourist services and built economic and cultural establishments.
Bac Lieu is calling for investment in fishing logistics services, expansion of Ganh Hao fishing port and a seafood processing plant.-VNA
Bac Lieu takes in 21 investment projects in seven months Related image(s)
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