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Long An - Korea Investment Promotion Conference 2024: A resounding success, opening new chapter of investment in developing high technology and green infrastructure
On April 26, in Seoul (Korea), the Investment Promotion Conference - Potential and opportunities to attract investment in the infrastructure sector took place successfully. This is a highlight event in the series of foreign investment promotion activities in Korea by the Long An Provincial Delegation, marking a new step in attracting quality investment capital from Korea.

Long An approaches leading Korean corporations for infrastructure development cooperation

The conference welcomed the participation of Ambassador Extraordinary and Plenipotentiary of Vietnam in Korea - Vu Ho, Korean Consul General in Ho Chi Minh City - Shing Choon Il, leaders of Long An and Dong Nai provinces, attracting nearly 150 delegates from leading Korean organizations and businesses, including technology, investment, infrastructure construction, investment funds corporations, Vietnamese and Korean media agencies.

Chairman of Long An Provincial People's Committee - Nguyen Van Ut speaks at the conference

Speaking at the opening ceremony at the conference, Chairman of Long An Provincial People's Committee - Nguyen Van Ut affirmed that Korea is a big country that has established a strong investment relationship with the province. Korean businesses have made important contributions to promoting export growth, trade surplus and the overall socio-economic development of Long An province.

This conference is a special opportunity for Long An to introduce investment opportunities to Korean organizations, businesses and investors. Long An always appreciates and believes that with the strengths and experience of Korean businesses combined with the existing potentials and advantages of Long An, with a provincial government that is always dynamic, friendly and diligent to create an open, safe and effective investment environment, wil contribute to creating breakthrough success, ensuring harmony of interests between both sides.

At the same time, he pledged to always accompany businesses, fully apply investment incentive policies according to regulations, and prepare the necessary conditions to be ready to receive investment projects; implement administrative reform and legal support so that Korean businesses can consider Long An as their second home.

Director of Long An Department of Planning and Investment - Truong Van Liep presents the investment environment of Long An province

During this conference, Director of Long An Department of Planning and Investment - Truong Van Liep presented the province's investment environment. Through that, the province's potential, advantages and development orientation and planning were introduced to the Korean business community.

According to him, Long An has an important economic strategic position, the planning is methodically built by the leading planning consulting unit of the United States, according to which Long An will develop according to the model of 1 center - 2 corridors - 3 economic regions - 6 driving forces.

Based on the identified goals and vision, the province prioritizes attracting investment in the fields of industry 4.0, electronic component, software, semiconductor, artificial intelligence, and ecological urban areas, seaport logistics services, border gate economy, high-tech agriculture, renewable energy. At the same time, he invited investors to research and develop the project of a high-quality labor training center in the semiconductor field.

At the conference, Long An Provincial Delegation listened to presentations on experiences and methods of building and developing green industrial park infrastructure projects, net zero, carbon reduction, innovation complexes, science and technology from Korean experts.

The good news is that the conference received positive feedback from Korean investors; Many businesses expressed satisfaction with Long An's favorable investment environment and expressed agreement with the province's development direction, pledging to continue research, investment and expansion of investment in the province.

Long An signs a letter of intent to cooperate with Korean partners

In recognition of the successes of this business trip, within the framework of the conference, Long An province signed many important letters of intent for cooperation with Korean organizations and businesses such as letters of cooperation between Long An province and JDC-Saigontel-Zennith on high-tech park development; Letter of intent to research and invest in field of environment to develop circular economy in Long An province. This is an important premise that opens up opportunities to receive a truly high-quality wave of Korean investment into Long An province, especially in the fields of infrastructure development and high technology.

The delegation of Long An province witnesses Vietnamese and Korea businesses signing letters of intent for cooperation

At the same time, the infrastructure businesses accompanying the delegation and Korean businesses also issued many letters of intent to cooperate in various fields on pilot implementation of green industrial park models, investment in environmental restoration facilities, investment in developing Vietnam - Korea industrial sub-zone, etc.

Long An Investment Promotion Conference in Korea marked the successful end of the business trip of the Long An Province Delegation. Through this working trip, many positive results have been archived, opening a new phase of good development for the strategic partnership and cooperation between Vietnam and Korea and the development cooperation relationship between the Long An with Korean agencies, organizations and businesses./.

Reported by Vu Dat

Translated by NT

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