Bringing Bac Giang - Singapore investment cooperation to new height

Update: 16:34 | 14/04/2022

(BGO) – A delegation from the Singapore Embassy in Vietnam led by Ambassador Raya Ratnam paid a working visit to Bac Giang province on April 13.

Welcoming the delegation were Duong Van Thai, member of the Party Central Committee, Secretary of the provincial Party Committee and head of the provincial delegation of National Assembly deputies; and Chairman of the provincial People's Committee Le Anh Duong,

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Secretary of the provincial Party Committee Duong Van Thai and Chairman of the provincial People's Committee Le Anh Duong welcome the delegation of the Singapore Embassy in Vietnam.

In the welcome speech, Thai sincerely thanked Raya Ratnam and the Singaporean delegation for visiting the province. He said that identifying Singaporean investors as one of the top priority partners, the province continues to take many solutions to welcome the investment wave from Singapore.

At the meeting, Duong introduced the development strategy of the province. Accordingly, Bac Giang is the first province in the country to have its master plan for the 2021-2030 period, with a vision to 2050 approved by the Prime Minister. The province's viewpoint is to develop quickly and sustainably based on three pillars: economy, society and environment.

To implement such a big plan, Bac Giang will continue to improve its business and investment environment; invest more in education, health, and vocational training; and pay more attention to improving the living conditions and accommodation for workers.

Sharing about his company’s project in Bac Giang, Patrick Liau, General Director of CapitaLand (North, Vietnam), said that the province's development strategy is very impressive. The project the group is looking to deploy in Bac Giang includes three zones including a high-tech industrial park with about 20,000 job opportunities, a logistics area, and a residential area. The group wishes to invest and sponsor projects with community meaning, bringing values and educational opportunities to children and people of Bac Giang.

Ambassador Raya Ratnam said he was impressed with the province's achievements in recent years and said Bac Giang has three advantages that any investor wants, including convenient geographical location with connection with airports and seaports; abundant and well-trained labor resources; and a friendly administration which always creates the most favorable conditions for investors.

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Ambassador Raya Ratnam said that Singapore and Bac Giang hold many cooperation opportunities.

Regarding the project of CapitaLand Group, the ambassador said that in 2021-2025, Bac Giang is in a period of strong industrialization and urbanization so he hoped that the project would be not only a symbol of Singapore in Bac Giang but also an attraction to other Singaporean investors.

Thai wished that after this meeting, many cooperation opportunities would be opened up between the two sides, especially between the Singapore Business Association and Bac Giang. The province plans to hold an investment promotion conference in Singapore, with the ambassador expected to attend, as a bridge to introduce and create the best conditions for Singaporean enterprises to explore investment opportunities in the province.

With the ambassador's affection and responsibility, he believed that the cooperation between Bac Giang and Singapore will become more fruitful in the near future.

 

Thu Phong
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