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Sep 07th
Home arrow Vietnam arrow Vietnam Economics arrow Vietnam pushes infrastructure & tourism
Vietnam pushes infrastructure & tourism PDF Print E-mail
Sunday, 12 August 2007

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vn power plant.jpg
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Foreign investors looking for opportunities in Vietnam should have their hands on the government's prioritised wish-list shortly assuming approval by prime minister Nguyen Tan Dung.

The list, which is intended to encourage foreign direct investment in areas where the economy's needs are most pronounced, allows foreign firms to enjoy a streamlined application and approval process. The list's 136 projects are expected to feature a strong focus on infrastructure and tourism according to Vietnam Investment Review.

The government's decision to push infrastructure reflects the belief, that despite a 14% increase in FDI in infrastructure, the economy needs more roads, ports, airports, power and water facilities and similar to grow. It is not surprising that among the infrastructure projects are 16 new expressways, 6 airports, 7 ports and 10 urban developments.

Tourism is likely to also feature prominently with 20 projects slated for the FDI fast track. Location will include Halong Bay, and Da Lat.

 
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