Bombay Finance India seek opportunities in Quang Binh province

Indian investors are making a fact-finding tour to the central province of Quang Binh to explore the local investment environment. At a working session with provincial authorities on June 13, Managing Director of the Bombay Finance India Satpal Singh Oberai highlighted promising projects in tourism, industrial production, and trade. The total investment for the projects, including the cave tourism at the world heritage site Phong Nha-Ke Bang national park, is estimated to reach over 550 million USD, he said.

Chairman of the provincial People’s Committee Nguyen Huu Hoai said local authorities will create all favourable conditions and design policies to support Indian businesses. Mr. Nguyen Huu Hoai, deputy secretary of the provincial Party Committee, the Chairman had a meeting with Mr. Singh Oberai Satpan, Chief Executive Officer Company Finance India Bombay promotion invested in Quang Binh. Attending were Mr. Vu Son Thuy, Vietnam Consulate General in Mumbai, India; Nguyen Xuan Quang, UVTV Committee and Vice Chairman of the provincial People's Committee; Tran Tien Dung, TUV, Vice Chairman, representatives of the relevant departments and district People's Committee of Quang Trach, Bo Trach, Le Thuy Bombay Finance India Company, is a leading company in Bombay large multidisciplinary operations, including investment projects in tourism, real estate, finance ... Through the introduction of the Consulate General of Vietnam Men in Mumbai (India), Company Finance India Bombay to examine our province to invest in building a number of tourism projects, real estate, food industry Over a period of Finance survey, Bombay India Company intends to apply for PPC perform two major projects, namely: a tourist center world caves in Phong Nha area (this project and extended reception The company's projects have previously invested Xividec at Phong Nha) with a total investment of 120 million USD. Scale investment projects 900-1000 standard guestrooms 3 to 5 star, amusement parks, and caving ... IZ India Hon La Industrial Park. This project will focus on a specialized factory producing products for export. Immediate project investment will conduct factory beverage capacity of 50 million liters, serving Vietnam market and exporting to India and holiday cottages, commercial houses ... In addition, the company for investment projects in decent golf course; outdoor park sell captive wild animals ... Total investment of the project is about 550 million.

Speaking at the meeting, Mr. Nguyen Huu Hoai, deputy secretary of the provincial Party Committee, the Chairman thanked Mr. Vu Son Thuy, Vietnam Consulate General in Mumbai (India) has invited the head connection Large investments from India to invest in the survey area; Company leaders welcomed India Bombay Finance took the time to study, to learn investment. Regarding the proposal of the Company Bombay India Finance for investment projects mentioned above, provincial leaders are agreed in principle. To continue to invest effectively, PPC proposal Bombay Finance India Company in collaboration with the Department of Planning and Investment of Quang Binh, Vietnam Consulate General in Mumbai conducting the survey, drafting project feasibility report PPC. The province will create favorable conditions for the Company to thoroughly examine projects calling for investment facilitation, fast.