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Bombay Finance India seek opportunities in Quang Binh province
June 13, 2015
Indian investors are making a fact-finding tour to the central province of Quang Binh to explore the local investment environment. At a working session with provincial authorities on June 13, Managing Director of the Bombay Finance India Satpal Singh Oberai highlighted promising projects in tourism, industrial production, and trade.
The total investment for the projects, including the cave tourism at the world heritage site Phong Nha-Ke Bang national park, is estimated to reach over 550 million USD, he said.
Chairman of the provincial People’s Committee Nguyen Huu Hoai said local authorities will create all favourable conditions and design policies to support Indian businesses.
Mr. Nguyen Huu Hoai, deputy secretary of the provincial Party Committee, the Chairman had a meeting with Mr. Singh Oberai Satpan, Chief Executive Officer Company Finance India Bombay promotion invested in Quang Binh. Attending were Mr. Vu Son Thuy, Vietnam Consulate General in Mumbai, India; Nguyen Xuan Quang, UVTV Committee and Vice Chairman of the provincial People's Committee; Tran Tien Dung, TUV, Vice Chairman, representatives of the relevant departments and district People's Committee of Quang Trach, Bo Trach, Le Thuy
Bombay Finance India Company, is a leading company in Bombay large multidisciplinary operations, including investment projects in tourism, real estate, finance ... Through the introduction of the Consulate General of Vietnam Men in Mumbai (India), Company Finance India Bombay to examine our province to invest in building a number of tourism projects, real estate, food industry
Over a period of Finance survey, Bombay India Company intends to apply for PPC perform two major projects, namely: a tourist center world caves in Phong Nha area (this project and extended reception The company's projects have previously invested Xividec at Phong Nha) with a total investment of 120 million USD. Scale investment projects 900-1000 standard guestrooms 3 to 5 star, amusement parks, and caving ... IZ India Hon La Industrial Park. This project will focus on a specialized factory producing products for export. Immediate project investment will conduct factory beverage capacity of 50 million liters, serving Vietnam market and exporting to India and holiday cottages, commercial houses ...
In addition, the company for investment projects in decent golf course; outdoor park sell captive wild animals ... Total investment of the project is about 550 million.
Speaking at the meeting, Mr. Nguyen Huu Hoai, deputy secretary of the provincial Party Committee, the Chairman thanked Mr. Vu Son Thuy, Vietnam Consulate General in Mumbai (India) has invited the head connection Large investments from India to invest in the survey area; Company leaders welcomed India Bombay Finance took the time to study, to learn investment.
Regarding the proposal of the Company Bombay India Finance for investment projects mentioned above, provincial leaders are agreed in principle. To continue to invest effectively, PPC proposal Bombay Finance India Company in collaboration with the Department of Planning and Investment of Quang Binh, Vietnam Consulate General in Mumbai conducting the survey, drafting project feasibility report PPC. The province will create favorable conditions for the Company to thoroughly examine projects calling for investment facilitation, fast.
PPC has signed a memorandum of cooperation and investment with Indian investors
March 15, 2016
(QBDT) - Afternoon 15-3, PPC held a meeting with Indian investors and signed a memorandum of cooperation and investment projects in the province. Attending were Mr. Vu Son Thuy, Vietnam Consulate General in Mumbai (India); our province forward with Mr. Tran Tien Dung, TUV, Deputy Chairman and representatives of departments and agencies.
After a period of research, survey, Indian investors have made investment report 3 projects in the province with a total investment of nearly 430 million.
Specifically, the project development and expansion of the resort and entertainment eco Phong Nha-Ke Bang National Park Phong Nha village, Son Trach commune (Bo Trach); Spa tourist area hot springs and hot water bottling line at the hot springs Phuc Trach commune, Phuc Trach (Bo Trach); Industrial Zone Infrastructure Vietnam-India in Quang Tung Hon La Economic Zone (Quang Trach).
Accordingly, representatives of the leadership of the departments in the provinces and Co. investment Quasathu discussed in detail a number of issues related to the project such as the size of each phase; land-use area; investment funds; progress made.
At the meeting, based on the potential and actual demand from both sides, PPC and Investment Co. Quasathu agreed to sign a memorandum of cooperation in order to ensure investment cooperation feasible high, the project early and effective implementation.
Thus, in the near future, investment Co. Quasathu can conduct the survey, investment statements under the provisions of the Investment Law, the report proposed investment policy project authorities the right to review the decision.
Speaking at the meeting, Vice-Chairman commitment, Quang Binh will create all favorable conditions and mechanisms to apply preferential policies to support the highest in the regulatory framework and the provincial government for investors when the project was approved, and in the course of implementation, if any arising problems or obstacles, the two sides will continue to exchange.
Bombay Finance India to invest hundreds of millions of dollars in tourism in Quang Binh
June 13, 2015
On 13/6, Mr. Satpal Singh Oberai, Chief Executive Officer Group Finance, and Group Work Bombay had an actual survey in Quang Binh.
Appreciate the potential tourist cave in Quang Binh, corporations are interested in investing projects in tourist center world caves in the national park of Phong Nha-Ke Bang National Park, with a total capital of 120 million USD.
The first project size 900-1000 accommodations standard 3 to 5 stars, caving, semi-wild park, golf courses, parks, and entertainment.
The second project is the industrial zone in the region of India Hon La (Quang Trach District) for factory specializing in manufacturing products for export. Initially, the Indian investor beverage plant capacity of 50 million liters a year.
Both projects have a total investment of about 550 million.
Quang Binh Province approved investment policies with these two projects and is committed to creating favorable conditions for the project soon to deploy.