On the afternoon of September 9th, in Nha Trang city took place the signing ceremony of a memorandum between the People's Committee of Khanh Hoa province and Imex Pan Pacific Group (IPPG) on cooperation and investment promotion for development of Van Phong Economic Zone. Attending the ceremony were Mr. Nguyen Khac Dinh - Member of the Party Central Committee, Secretary of the Provincial Party Committee; Nguyen Khac Toan - Alternate Member of the Party Central Committee, Standing Deputy Secretary of the Provincial Party Committee; Nguyen Tan Tuan - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee; Ha Quoc Tri - Deputy Secretary of the Provincial Party Committee; Tran Manh Dung - Member of Provincial Standing Committee, Vice Chairman of Provincial People's Council; Tran Ngoc Thanh - Member of the Standing Committee of the Provincial Party Committee, Head of the Commission for Mass Mobilisation of the Provincial Party Committee, Chairman of the Provincial Vietnam Fatherland Front Committee; Johnathan Hanh Nguyen - Chairman of the Councils members of IPPG.
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Khanh Hoa Provincial People's Committee’s leaders and IPPG are signing a memorandum on cooperation, promotion for investment and development of Van Phong Economic Zone
Through the signing of a memorandum, Khanh Hoa Provincial People's Committee has agreed to the IPPG's proposal on support the expenditure for the general planning for the development of Van Phong Economic Zone in the period 2021 - 2030 and vision to 2050; build, assess, approve the tasks and adjustment project of the general planning on construction of Van Phong economic zone; join with the Management Board of Van Phong Economic Zone in formulating a project to develop a specific mechanism and policy for the development of this area. IPPG Company will also support Khanh Hoa province in attracting investors to Van Phong Economic Zone in the new stage.
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Leaders of the Provincial Party Committee and Provincial People's Committee give souvenirs to IPPG Company.
At the ceremony, Mr. Nguyen Tan Tuan said, since its establishment (2006) up to now, Van Phong Economic Zone has attracted 158 new investment projects with a total registered capital equivalent to 4.1 billion USD. In which 91 projects have been put into operation, having important contributions to the province's socio-economic development, creating jobs for more than 6,200 employees. However, in recent years, the speed of development as well as investment attraction in Van Phong economic zone has faced many difficulties and challenges, has not yet brought into play its potentials and advantages, and met the expectation of becoming the head to attract investment as the target set. Recently, the Prime Minister has issued Document No.783/TTg-QHĐP dated June 23rd 2020 on approving Khanh Hoa provincial People's Committee to adjust the general planning to build Van Phong economic zone; At the same time, the Standing Committee of Khanh Hoa Provincial Party Committee also issued a unified document on the policy of socializing the planning budget. On that basis, the Provincial People's Committee and IPPG Company discussed and agreed to sign this memorandum. With the signed contents, Khanh Hoa province expects Van Phong economic zone to bring into full play its potential and strengths, becoming one of the modern marine economic centers, with breakthrough development for the province and the region.
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Representatives of IPPG Company and consulting units signed the cooperation agreement.
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Photo: Mr. Nguyen Tan Tuan - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee (second from right) presents souvenirs to representatives of IPPG Company and consulting units.
Speaking at the ceremony, Mr. Nguyen Khac Dinh said that this is a very important and practical event, creating a premise for cooperation between Khanh Hoa province and IPPG Company in the coming time, exploit and promote maximum potential and advantages of marine economy in Van Phong bay area. Mr. Nguyen Khac Dinh requested that, next time, Van Phong Economic Zone Authority, departments, branches, local authorities of Van Ninh district and Ninh Hoa town need to coordinate, create the best conditions for the IPPG company to expeditiously formulate a general plan adjustment project to build Van Phong economic zone with high quality, vision, and enforcement, submitting to competent agencies for assessment and approval in accordance with legal regulations.
MY HAU