On November 12, the Quang Ninh City People’s Committee held a working meeting with a delegation from the Lao People’s Democratic Republic.
Sharing Quang Ninh’s experience in attracting and managing foreign investment, Vice Chairman of the Quang Ninh City People’s Committee Le Van Anh informed that the city currently has 254 active FDI projects with total registered capital of nearly USD 17.26 billion. In the first 10 months of this year alone, Quang Ninh attracted nearly USD 1.5 billion in FDI, almost three times the figure recorded in the same period last year.
Quang Ninh’s practical experience shows that, alongside sound planning, synchronous infrastructure investment, the development of a highly skilled workforce and administrative reform, local authorities need to regularly address difficulties facing businesses and maintain security and public order so that investors can confidently implement their projects. Quang Ninh’s approach, particularly in attracting major investors and high-tech enterprises, offers valuable experience for Lao localities to consider and apply in attracting and managing investment in the coming period.
