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Sea ports are Binh Dinh’s strength

Promoting potentials of attractinginvestment

With diverse potentials andadvantages for economic development, the most outstanding strength of Binh Dinhis sea-based economy, tourism and industries related to seaports and port logistics,processing industry ... In which International portof Quy Nhon city is one of three majorseaports of Vietnam, after Ho Chi Minh City and HaiPhong. Also, Quy Nhon city has the closestand most favorable gateway to the sea of the provinces in the region with manyadvantages such as sheltered anchorage area, large warehouse, ensuring theaccess for vessels up to 50,000 DWT.

Mr. Nguyen Van Thien - Secretary ofBinh Dinh Provincial Party Committee said. “Binh Dinh has provoked its potentialsand strengths for socio-economic growth. Currently,Binh Dinh has gradually become an urban, industrial  and service area of the region. Binh Dinh has made steady progress ofindustrialization and modernization and has become one member of the provinceswith high economic growth.

Investing ininfrastructure ready for efficient service

Based on the existing strengths, Binh Dinh has focusedinvestment in building and developing many important infrastructure projectssuch as the international port of Quy Nhon city, NhonHoi Economic Zone, Phu Cat airport ... toattract domestic and foreign investors. Inparticular, Nhon Hoi Economic Zone is one of the highlights of attractinginvestment with relatively complete infrastructure.

Mr. Le Huu Loc - PPCChairman is introducing to Japanese enterprises potentials and fields Binh Dinh isattracting investment  

In its strategic economicdevelopment and investment attraction, Binh Dinh identifies Japaneseenterprises as key partners. Someareas where they have strengths are transport infrastructure (roads and ports),supportive industries, real estate, tourism, forestry and agricultural product processing. Therefore, Binh Dinh has activelycarried out promotion activities in Japan. From late 2012 until now, Binh Dinhhas successfully organized many programs to promote investment in this country.

Binh Dinh is expecting to lureinvestment in areas which Japan has immense potentials such as electric -electronic industries, engine, energy; infrastructure of industrial cluster andindustrial park; supportive industries; trade – services; plastic - ceramics –glass manufacture, high-quality construction materials, indoor and outdoorfurniture; production of industrial gases; manufacture of mechanical parts foragriculture and

Mr. Le Huu Loc - PPC Chairman of BinhDinh said: "After studying many regions and countries around the world, werealize that features and advantages of Binh Dinh are very much similar tothose of Japanand suit investment, business needs of Japanese enterprises. Hence, Binh Dinhcontinues to select Japanto invite investment".

(Translatedfrom Construction Newspaper source)