An attractive investment place
Long An has a favorable geographical position, adjacent to Ho Chi Minh City and is the gateway connecting the Southeast region with the vast Mekong Delta. The province is considered to have an attractive investment environment, convenient for investors to access markets in the region, especially Ho Chi Minh City.
Long An always focuses on infrastructure investment, especially transportation to serve the local and regional development
According to Vice Chairman of the Provincial People's Committee – Pham Van Canh, with the advantage of position, up to now, the province has attracted investment in 28 industrial parks with a total area of nearly 11,000 hectares (of which, more than 5,000 hectares of industrial land with completed infrastructure, ready for lease), 32 industrial clusters with a total area of nearly 3,500 hectares. The planning for development of industrial parks and clusters in the province is reasonably allocated and located near Ho Chi Minh City to create favorable conditions for investors.
The province's socio-economic development has been strong in recent years, gradually affirming its role, position and contributing to the country's development in general, the Southern key economic region in particular.
Long An increasingly affirms its position in the Southern key economic region
Vice Chairman of the Provincial People's Committee – Pham Van Canh informed that in the first 9 months of 2019, the economic growth rate was quite good. In particular, sector I (agriculture, forestry, and fishery) increased by 2.17%, sector II (industry and construction) increased by 14.65%, sector III (commerce and service) increased by 7.5%. In the province, there are currently 16 operating industrial parks with an occupancy rate of more than 85%, 22 operating industrial clusters with an occupancy rate of nearly 87%. In 2018, Long An ranked the 3rd in the country in terms of provincial competitiveness index.
"The above figures have proved that Long An increasingly affirms its role and position in the Southern key economic region in particular and in the country in general. We are confident that the province continues to innovate and develop further in the coming time"- emphasized Mr. Pham Van Canh./.
Reported by Luc Nguyen
Translated by Lan Vy