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|The signing ceremony between Quang Tri province and Singapore Manufacturing Federation|
Accordingly, SMF will introduce experts from Singapore to coordinate the research and development of Quang Tri province's planning. Experts will conduct surveys, research, propose ideas and solutions, as well as make adjustments to the general planning, construction subdivision planning, and functional zones in the Quang Tri Southeast Economic Zone.
On the opposite side, Quang Tri will agree in principle to allow businesses introduced by SMF to conduct feasibility studies and submit investment proposals for several projects such as airports, seaports, industrial parks, transport infrastructure, energy systems, as well as human resources training.
In April, Quang Tri had a meeting with Sakae Holdings and Surbana Jurong on the provincial planning for the 2021-2030 period with a vision to 2050. At the meeting, Douglas Foo, chairman of SMF, expressed his interest in developing Quang Tri's master plan and to cooperate with the province to attract investment to implement this plan.
Vo Van Hung, Chairman of Quang Tri People's Committee said that the province is expected to submit the master plan to the prime minister for approval in 2022.
“Together with domestic experts, it is necessary to invite reputable international consultants to build this crucial master plan. The MoU is an important milestone in the socio-economic development strategy of Quang Tri and the development of SFM. At the same time, it will open many opportunities for comprehensive and sustainable development in the course of activities of the two sides in the coming time," he said.