11 June 2021

Quang Tri inks MoU with Singapore Manufacturing Federation

Source: www.quangtri.gov.vn

On June 11, 2021, the People’s Committee of Quang Tri Province signed a memorandum of understanding (MoU) with the Singapore Manufacturing Federation (SMF) via a video conference.

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Participating in the signing ceremony are: Mr Le Quang Tung – Party Central Committee, Secretary of the Provincial Party Committee; Mr Nguyen Dang Quang – Standing Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People’s Council; Mr Vo Van Hung - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee and comrades in the Standing Committee of the Provincial Party Committee; Standing People's Council, People's Committee, Vietnam Fatherland Front Committee, National Assembly Delegation and representatives of leaders of relevant departments and agencies.

Speaking at the signing ceremony, Secretary of the Provincial Party Committee Le Quang Tung affirmed that Quang Tri Province determines that the planning work is very important for the development orientation of the province and is the work to be done first. Good planning, management and implementation of such good planning will help Quang Tri province to have a strategic vision and development planning for each timeline. From there will be specific mechanisms, policies, programs and projects for the quick and sustainable development of Quang Tri province. Quang Tri Province is also developing a provincial plan to 2030 with a vision to 2050. This plan is expected to be submitted to the Prime Minister for approval in 2022.

Therefore, Quang Tri Province highly appreciates the idea of ​​proposing the provincial planning for the period of 2021 - 2030, with a vision to 2050 and intends to cooperate to implement this plan and decided to choose SMF to support the province in building construction planning.

Secretary of the Provincial Party Committee Le Quang Tung also said that this is an important event, shaping the cooperation between Quang Tri Province and SMF, contributing to the development of Quang Tri Province and SMF in the near future.

 

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At the ceremony, Chairman of Quang Tri Provincial People's Committee Vo Van Hung and Mr. Douglas Foo, Chairman of Sakae Holdings Limited cum Chairman of SMF, on behalf of investors, signed a Memorandum of Understanding in the presence of the Standing Board of the Provincial Party Committee and other relevant parties.  

Accordingly, the parties will cooperate to advertise and promote business opportunities and projects in Quang Tri province to the network of member companies and partners of SMF.

In 2021, SMF will introduce experts from Singapore to assist Quang Tri Province with its planning and propose ideas, including : formulating viewpoints, goals, development scenarios and choosing development plans, orientating the use of space, participating in reviewing the provincial planning and survey, researching and proposing ideas and solutions, making adjustments to the General Planning, Planning of construction subdivisions and functional zones in the Economic Zone Southeast Quang Tri. The People's Committee of Quang Tri Province will work with SMF experts to review the use of these planning proposals in accordance with Vietnam's current legal regulations on bidding and planning.

In principle, People's Committee of Quang Tri Province  agrees to allow and create favorable conditions to support businesses introduced by SMF to conduct feasibility studies, make project proposals and make specific investments in Quang Tri province such as: Quang Tri Airport; Quang Tri seaport; Industry zones; Ports and Logistics; urban area; hospitals, health centers, schools; clean water supply, water treatment, waste treatment; commercial, entertainment center, office; traffic and infrastructure; the energy system including power plants, internal power transmission, solutions for saving, storing and distributing electricity in the area; human resource training.

The People's Committee of Quang Tri Province will give priority, interest and incentives when considering investment project proposals of enterprises introduced by SMF on the basis of Vietnam's current legal regulations on investment, land and tenders.

Within the framework of the signing ceremony, the parties focused on discussing the cooperation plan as well as the contents related to the experience of reviewing the master plan, potential advantages, and investment attraction of Quang Tri province.

More details of the event can be viewed in this coverage by Quang Tri TV, the main TV station of the Province.

 (credit : Quang Tri TV)

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