Chairman of the Provincial People s Committee Pham Anh Tuan works with Korean enterprises (Daewon, Lotte) to explore investment opportunities in Binh Dinh

Working View

Daewon is a multi-industry corporation specializing in urban development, housing and commercial development, eco-tourism, smart farms, textiles, construction... This corporation is one of the 10 largest Korean enterprises investing in Vietnam. Lotte Mart - a company of the Korean Lotte Group, has a large supermarket chain selling a variety of groceries, clothes, toys, electronics and many other goods.

Mr. Cheun Eung Sik – Chairman of Daewon Group

At the meeting, highly appreciating the potential and development advantages of Binh Dinh province, Mr. Cheun Eung Sik – Chairman of Daewon Group and Mr. Choi Hyun – Development Director of Lotte Mart Joint Stock Company expressed their desire to receive attention, help and support from provincial leaders and departments and branches in exploring investment opportunities in the fields of urban, industrial... in which the orientation is to build buildings attached to commercial centers, invest in developing large supermarket chains in Quy Nhon City, thereby meeting the needs of people and tourists, contributing to the overall development of Binh Dinh province.

Mr. Choi Hyun - Development Director of Lotte Mart Joint Stock Company

Speaking at the meeting, Chairman of the Provincial People's Committee Pham Anh Tuan informed about the potential, advantages as well as investment attraction orientation of the province in the coming period according to the Provincial Planning approved by the Prime Minister. Currently, Binh Dinh province focuses on attracting domestic and foreign investors, including Korean investors in the fields of: high-tech, environmentally friendly industry; tourism; renewable energy; port services and logistics; high-tech agriculture, deep processing of agricultural products; urban economy associated with the urbanization process. In addition, Binh Dinh province with well-invested connecting traffic infrastructure, has beautiful coastal strips and land funds that can develop industrial parks ready to welcome domestic and foreign investors and enterprises.

Chairman of the Provincial People's Committee Pham Anh Tuan spoke at the meeting

Highly appreciating the strengths of the two Korean investors, Chairman of the Provincial People's Committee Pham Anh Tuan said that the projects and fields that Daewon Group and Lotte Mart are interested in are in line with the development orientation of Binh Dinh province. In addition to the fields of urban and industrial areas, Korean enterprises in general will have many investment opportunities in the province in areas such as real estate, trade, etc. The Chairman of the Provincial People's Committee also suggested that Daewon Group and Lotte Mart Company spend more time visiting and surveying the field, thereby studying and proposing investment in specific projects in Binh Dinh. In the spirit of cooperation, Binh Dinh province will create the most favorable conditions in terms of administrative procedures, land, site clearance, and an open, favorable, equal, and transparent investment and business environment for businesses to invest successfully.  Chairman of the Provincial People's Committee Pham Anh Tuan hopes that through the survey and research, Binh Dinh Province and Daewon Group, Lotte Mart will cooperate for a long time, jointly develop in the fields that both sides have needs in the coming time.

Chairman of the Provincial People's Committee Pham Anh Tuan presents a souvenir to Mr. Cheun Eung Sik

Regarding the issue of interest to the two enterprises, Chairman of the Provincial People's Committee Pham Anh Tuan assigned the Department of Planning and Investment to be the focal point, creating maximum conditions for Korean enterprises to learn about investment opportunities and implement projects in the province./.

Chairman of the Provincial People's Committee Pham Anh Tuan presents a souvenir to Mr. Choi Hyun

Chairman of the Provincial People's Committee Pham Anh Tuan and leaders of departments and branches take souvenir photos with the Korean business delegation