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PPC has signed a memorandum of cooperation and investment with Indian investors

March 15, 2016

(QBDT) - Afternoon 15-3, PPC held a meeting with Indian investors and signed a memorandum of cooperation and investment projects in the province. Attending were Mr. Vu Son Thuy, Vietnam Consulate General in Mumbai (India); our province forward with Mr. Tran Tien Dung, TUV, Deputy Chairman and representatives of departments and agencies.

After a period of research, survey, Indian investors have made investment report 3 projects in the province with a total investment of nearly 430 million. Specifically, the project development and expansion of the resort and entertainment eco Phong Nha-Ke Bang National Park Phong Nha village, Son Trach commune (Bo Trach); Spa tourist area hot springs and hot water bottling line at the hot springs Phuc Trach commune, Phuc Trach (Bo Trach); Industrial Zone Infrastructure Vietnam-India in Quang Tung Hon La Economic Zone (Quang Trach).

Accordingly, representatives of the leadership of the departments in the provinces and Co. investment Quasathu discussed in detail a number of issues related to the project such as the size of each phase; land-use area; investment funds; progress made. At the meeting, based on the potential and actual demand from both sides, PPC and Investment Co. Quasathu agreed to sign a memorandum of cooperation in order to ensure investment cooperation feasible high, the project early and effective implementation.



Thus, in the near future, investment Co. Quasathu can conduct the survey, investment statements under the provisions of the Investment Law, the report proposed investment policy project authorities the right to review the decision. Speaking at the meeting, Vice-Chairman commitment, Quang Binh will create all favorable conditions and mechanisms to apply preferential policies to support the highest in the regulatory framework and the provincial government for investors when the project was approved, and in the course of implementation, if any arising problems or obstacles, the two sides will continue to exchange.