Korean investors paying more attention to Quang Binh

June 25, 2023 | 18:06

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Many South Korean investors are looking for investment opportunities in the central province of Quang Binh in terms of energy, trade, and tourism.

Korean investors paying more attention to Quang Binh

Tony Kim, a representative of the Steering Committee of KoCham

According to Tony Kim, a representative of the Steering Committee of the Korean Chamber of Commerce in Vietnam (KoCham), Quang Binh is considered to have great potential for further dynamic growth in the tourist sector, while agriculture and energy are also other strong investment fields.

Speaking at the June 25 conference in Hanoi on Quang Binh's investment planning for the decade, Kim said that many Korean investors have been conducting various market research and they see investment opportunities.

"We also see that Quang Binh has made strong efforts to attract investment in the sectors of agriculture, industry, energy, infrastructure, and tourism," Kim said. "The authorities are proactive in implementing reforms of administrative procedures and preferential investment policy; promulgating many preferential policies; and building a fair, open, and transparent business and investment environment to invite and lure potential investors for many years.”

At the conference, Green Energy Dohwa received an investment certificate for the second phase of its Dohwa Le Thuy solar power project with a capacity of 30MWp and capital of VND650 billion ($28.26 million).

The province has established cooperative relations with several South Korean localities and has had some enterprises visit to inspect conditions and to invest further.

In addition, over the years, the Ministry of Foreign Affairs, the Korean Embassy in Vietnam and South Korean partner agencies have actively coordinated and held promotion cooperation events involving South Korea and Quang Binh province.

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By Oanh Nguyen

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