German investors keen on Binh Dinh province

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(VOVWORLD) - More than 90 businesses from Germany and the European Business Association have shown interest in investing in the central province of Binh Dinh during a conference on Monday. 
German investors keen on Binh Dinh province - ảnh 1The conference on German investment promotion in Binh Dinh province, November 21, 2022.  (Photo: Thanh Thang/VOV) 

The event was held by Binh Dinh province’s People’s Committee and German Industry and Commerce Vietnam.

German businesses are implementing 4 projects on industrial production worth more than 55 million USD in Binh Dinh province. Germany’s PNE Group will embark on a mega offshore wind power project with a total capital of 4.6 billion USD in the central city.

“Binh Dinh province wishes to enhance cooperation with German businesses, especially in production of electronic components, automobile auxiliary industry, infrastructure of seaports, industrial zones, energy, tourism, hi-tech, seafood, trade, and environmental protection,” said Ho Quoc Dung, Secretary of Binh Dinh province’s Party Committee.

“We hope that German businesses will continue to expand their investment and support Binh Dinh provinces businesses to further participate in the supply and value chains.”