Long An wants Singaporean businesses to invest in digital transformation and green energy

In recent times, Long An province has proactively implemented many practical programs and activities to further strengthen cooperative relations with Singaporean organizations and enterprises to attract investment into the province. As a result, Singapore is currently the leading country in terms of FDI capital with more than 4 billion USD, accounting for 37% of the total FDI capital from 40 countries and territories investing in Long An province.

According to Mr. Huynh Van Son, Long An has an extremely important strategic position, being the gateway connecting the Mekong Delta region with Ho Chi Minh City and the provinces of the Southeast region, trading with Cambodia through Binh Hiep International Border Gate, and has great potential for sea transport with Long An International Port. These are the strengths for Long An to make a breakthrough in development.

Based on these advantages, Long An's orientation in the coming period is to selectively attract investment, aiming at developing digital economy , green economy, and circular economy. Taking science, technology and innovation as the foundation, closely linked with environmental protection, towards sustainable growth.

Business representatives attending the conference. Photo: An Long

Based on the results and experiences, Long An hopes that Singaporean enterprises will continue to research and invest in and effectively promote the model of Vietnam - Singapore industrial parks in a sustainable manner, towards forming industrial - innovation - urban - service - high-tech ecosystems in Long An.

Long An welcomes and is ready to create favorable conditions for Singaporean enterprises to expand their investment in Long An, especially in priority areas and strengths of Singaporean enterprises such as technological innovation, especially information technology, digital transformation; green energy transformation; industrial infrastructure, urban infrastructure; healthcare ; processing, manufacturing, materials, electronics; financial market development; human resource training; promoting startups.

Long An province is committed to always accompanying businesses, supporting investment projects to enjoy full preferential policies according to regulations when implementing projects in Long An.

Mr. Roy Kho - Consul General of Singapore in Ho Chi Minh City - said that Singapore is one of the major investors in Vietnam, with more than 3,000 projects with a total investment capital of more than 70 billion USD as of August 2023. In Long An, Singaporean enterprises have been actively contributing to the socio-economic development and sustainable investment environment of the province.

At the conference, Deputy Director of Long An Department of Planning and Investment Tran Van Tuoi introduced the potential, strengths as well as industries that Long An is attracting investment.

On this occasion, the Singaporean business community also shared their views on the investment environment in Long An. Accordingly, Singaporean businesses highly appreciated the strong determination of the provincial leaders in managing socio-economic development, improving social life, and protecting the environment.

Long An has adopted many policies and projects to improve infrastructure, attract investment, enhance competitiveness, and encourage innovation.

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