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Long An elevates innovation and attracts high-tech investment
On April 25, 2024, within the framework of a business trip to Korea, the Long An Province delegation visited, worked and surveyed at the Jeju Free International City Development Center (JDC). Long An cooperates with JDC to open up new directions for innovation development

Long An cooperates with JDC to open up new directions for innovation development

At the meeting, the JDC delegation was introduced to the organizational structure, functional subdivisions, mechanisms and policies to support investment in the Jeju free economic zone. This is an advanced development model that can be applied to high-tech parks in Long An in the future. JDC presented detailed information about the Technology Complex project and the international education city project in Jeju. Besides, JDC has shared its experience in attracting foreign investment, especially in the field of high technology. This is valuable information to help Long An improve its effectiveness in attracting investment.


JDC leaders introduced JDC's functional subdivisions

On behalf of the working group, Permanent Deputy Secretary of the Provincial Party Committee, Head of the Provincial National Assembly Delegation - Nguyen Thanh Hai expressed his appreciation for the enthusiastic and respectful welcome that JDC gave the delegation in supporting and making connections. Complete the set goals of the business trip. He asked JDC to support the province in building and establishing cooperative relationships with Korean partners to promote the process of comprehensive and extensive international integration in the field of high technology; is an information bridge for domestic businesses wishing to expand their investment activities abroad.


The delegation of Long An province worked at the JDC office headquarters

After a period of exchange and discussion, JDC Deputy Director - Kim Hyun-Min proposed his desire to pay attention, research, survey investment, and develop innovation complex projects and industrial parks high technology, specialized economic zones and universities and international educational institutions in Long An. At the same time, JDC will be an information bridge to Korean businesses about the province's investment environment, and will accompany JDC in surveying and investing in Long An in the future. This is a positive signal that Long An is a very potential market and a target for Korean technology investors.

It is known that the Jeju International Free City Development Center (JDC) was established in 2006 with the goal of developing Jeju into a free international city, which promotes innovation and attracts investment. abroad and create a high-quality living environment for people. The main function of JDC is overall planning and development for the city; attract foreign investment and promote economic development; support businesses to operate; infrastructure management and development; promote cultural exchange and international cooperation. During its development, JDC has attracted more than 10 billion USD of foreign investment into Jeju, developing Jeju into a famous tourist destination and Korea's leading innovation center. At the end of the working session, the delegation had a survey of the Jeju Science and High-Tech Complex and the Jeju ICC Shinhwa Historical Park project. The delegation received information and experience from Korean partners in planning, building and developing projects effectively, creating attractiveness to attract foreign investors to participate in organizations combining science, technology, education, service and entertainment projects with international standards.


The delegation of Long An province surveyed projects in Jeju

According to the next day's work program, the Long An Provincial Delegation will organize an Investment Promotion Conference - potential and opportunities for infrastructure development in Seoul. This is an important event, the highlight of this Korean business trip, opening up many opportunities to attract quality investors with strong potential to promote the construction of the province's infrastructure in a green and sustainable direction lasting./.

Reported by Vu Dat

Translated by NT

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