been given a promise from the Republic of Korea (RoK) Ambassador
to encourage investors to come.
The RoK diplomat, Park Suk Hwan, told the provincial People’s Committee
Chairman, Nguyen Van Cao, during their meeting in the central region
province on October 6, that he would promote the province’s strengths
and potential among RoK business circles, to encourage them to invest.
Thua Thien-Hue is home to Hue Imperial City
which has been recognised as a world cultural heritage site by the UN
Educational, Social and Cultural Organisation (UNESCO).
Cao reported that the province has granted 11 licences for investment
to businesses from the RoK, capitalised at some 560 million USD.
Most of their projects are in the hospitality industry, services, and
construction and investment in technical infrastructure for industrial
zones.
In addition to Foreign Direct Investment,
the province has received the RoK’s aid in Official Development
Assistance (ODA) for the construction of a 500-bed hospital, capitalised
at 20 million USD./.
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