India seeks investment opportunities in Ninh Binh

The visit is introduced as part of India's strategy toexpandits economic links with Cambodia, Laos, Myanmar and Vietnam, which has been undertaken by the Export Import Bank of India as assigned by the Indian Government.

The bank's surveys on the four countries have prompted the Indian Government to choose Vietnam as a destination of its investment.

During the meeting, a representative of the provincial Department of Planning and Investment briefed guests on local socio-economic situation, investment climate, and incentives. Ninh Binh ranked 11th in the 2014 Provincial Competitiveness Index. It is currently housing 36 FDI projects.

The provincial official introduced to the guests Khanh Hai commune in Yen Khanh district as a suitable location to host a garment and textile complex due to its convenient transportation by road, railway, air or waterway.

Speaking at the meeting, Mr.Tri expressed his hope that the delegation would choose Ninh Binh forthe textile project, pledging all possible conditions for the investment to be realised soon.

The delegation made a fact-finding tour to Khanh Hai commune before concluding the visit.

(Translated by Nguyen Thuy)