St Kitts and Nevis crowned as best destination to invest in according to 2023 CBI (CITIZENSHIP BY INVESTMENT) Index

Basseterre, Sept. 15, 2023 (GLOBE NEWSWIRE) — St Kitts and Nevis has been recognised as the best CBI destination in the 2023 edition of the CBI Index, trumping 11 other countries with active citizenship by investment (CBI) programmes.

The country, which has made several sweeping changes to its CBI Programme in the last year, took top honours, scoring 77 points in a race between nations such as Dominica, Saint Lucia, Grenada, Antigua & Barbuda, Malta, Vanuatu, Turkey, Egypt, Austria, Cambodia, and Jordan.

The 2023 CBI Index noted that St Kitts and Nevis has been the most proactive CBI nation in the Caribbean when it comes to responding to security concerns raised by Western nations. The country ‘stands out for taking immediate and decisive action based on the ‘Six Principles’ framework. Moreover, it underscores a political will to take a proactive leadership role in the long-term sustainability of the industry through good governance, enhanced due diligence, and regional harmonisation with international partners.’

Now in its seventh year, the CBI Index utilises its established nine-pillar index architecture to provide investors with a data-driven framework with which to measure the performance and appeal of global CBI programmes. The nine pillars include Standard of Living, Freedom of Movement, Minimum Investment Outlay, Mandatory Travel or Residence, Citizenship Timeline, Ease of Processing, Due Diligence, Family and Certainty of Product.

St Kitts and Nevis scored full marks in Mandatory Travel or Residence, Ease of Processing, Due Diligence and Certainty of Product pillars.

The Mandatory Travel or Residence pillar examines the travel or residence conditions imposed on applicants both before and after the granting of citizenship. St Kitts and Nevis does not have travel or minimum residency requirements for its programme, making it straightforward for busy entrepreneurs and global citizens to attain citizenship in the country.

The Ease of Processing pillar measures the end-to-end complexity of the CBI application process. The overall effortlessness of the application process is a particularly vital component, and the promise of a smooth, hassle-free process can generate readiness to engage with a programme.

The Due Diligence pillar measures a programme’s integrity. St Kitts and Nevis retains its top position from the previous year due to the Citizenship by Investment Unit’s changes made as part of a rapid implementation of the ‘Six Principles,’ which include mandatory interviews and measures to stop financial irregularities in the real estate option to safeguard the Programme’s reputation.

The Certainty of Product pillar encompasses a range of factors that measure a programme’s certainty across five different dimensions including longevity, popularity and renown, stability, reputation, and adaptability. As the only country to attain a perfect score in this category, St Kitts and Nevis’ performance reflects not only its swift response to the recent unprecedented international pressure imposed on all Caribbean CBI programmes, but its continuous proactive approach to instituting industry leading changes.

“I am thrilled to once again to have the St Kitts and Nevis CBI Programme recognised as the best in the industry,” said Michael Martin, Head of the St Kitts and Nevis Citizenship by Investment Unit.

“This recognition by the CBI Index is another confirmation of why St Kitts and Nevis should be the first choice for any global investor. For four decades we have crafted solid, innovative and sustainable investment solutions, giving investors the confidence to attain their goals in the global arena.”

St Kitts and Nevis continues to provide an exemplary model to the investment migration industry. The country made bold changes to its Programme at the end of 2022 and further changes in July, the latter changes convincingly addressed security concerns raised by the United Kingdom, the European Union and previously the United States.

The country hosted four of the Caribbean’s CBI nations, along with a delegation from the United States, who all agreed on 6 Principles to be followed by the Caribbean nations. While many of the security measures were already in place as part of St Kitts and Nevis’ due diligence processes, the country was one of the first to institute mandatory interviews with applicants aged 16 years and older.

St Kitts and Nevis has also tightened regulations around how Authorised Agents and International Marketing Agents operate, requiring them to have their businesses registered under the laws of St Kitts and Nevis and limiting how they may advertise the St Kitts and CBI Programme internationally.

Other legislative changes include increased minimum investment thresholds, revised dependant eligibility, and the closing of loopholes for real estate investment options.

St Kitts and Nevis has shown the most commitment to upholding the integrity and reputation its CBI programme in the international arena.

The CBI Index is a rating system designed to assess the performance and appeal of active CBI programmes across a diverse range of indicators and measures. Its purpose is to bring value to the CBI industry by providing a data-driven and practical tool for appraising programmes and facilitating the decision-making process for individuals considering them.

The CBI Index stands as one of the most recognised and reputable rating tools in the investment migration industry and has a reputation for providing valuable industry insights and knowledge.

Secretary of St Kitts and Nevis Citizenship by Investment Programme
Government of St. Kitts and Nevis
00 (1-869) 467-1474
communications@skn-ciu.com

GlobeNewswire Distribution ID 8923046

Critical crossroads: AEC industry’s contribution to global carbon emissions is a shocking statistic

With the Architecture, Engineering, and Construction (AEC) industry contributing more than 37% of global carbon emissions, a new report by RIB Software reveals the urgent need for action to combat rising greenhouse gas emissions. This not only a challenge for the AEC industry, but an imperative for mankind.

With the Architecture, Engineering, and Construction (AEC) industry contributing more than 37% of global carbon emissions,a new report by RIB Software reveals the urgent need for action to combat rising greenhouse gas emissions. This not only a challenge for the AEC industry, but an imperative for mankind.

According to a panel of climate experts and scientists, greenhouse gas emissions are at an all-time high and accelerating at an unprecedented rate (1). What’s more, the pace and scale of climate action initiatives as a result of human-caused global warming have been insufficient.

This alarming reality means that industries need to intensify their efforts to reduce the environmental impact of CO2 emissions and embodied carbon, if they intend to meet environmental targets.

The role and impact of the AEC industry

“The RIB Sustainability Report 2023 paints a grim picture of an industry in dire need of change should it wish to mitigate the damages caused,” reveals René Wolf, Chief Executive Officer at RIB Software, a global leader in fit-for-purpose digital technologies for the engineering and construction industry.

As the silent yet impactful contributor to CO2 emissions, embodied carbon is one of the construction industry’s most pervasive environmental concerns. With a quarter of all industry-related embodied carbon emissions stemming from the extraction, manufacturing, transportation and installation of materials, the industry’s efforts fall short of its net-zero aspirations.

The need for awareness and accountability

With several hundred RIB customers responding from across the globe, the report highlights several concerning trends. Notably, an astonishing 74% of respondents do not track the embodied carbon emissions in their projects, and only 58% of those who do, do so for a limited number of projects.

Motivations for tracking their emissions vary, with 27% doing so to align with their company’s sustainability goals, while fewer than 25% doing so to meet their client’s objectives.

“Respondents cited several reasons for not tracking the emissions of their projects. Surprisingly, 45% claimed that it is not a priority for their clients, while 26% cited a lack of knowledge about effective measurement techniques. Addressing these concerns, we believe that it is pivotal to create a paradigm shift in industry practices,” adds Wolf.

The survey reveals clear signs of a perception gap, with the majority of respondents underestimating the significance of the industry’s carbon emissions. Here, only half believe that they are responsible for driving change, while 25% acknowledge that tracking embodied carbon is an ethical imperative.

Paving the path to change

“While the challenges persist, there are signs of progress. Over 80% of companies tracking their embodied carbon emissions have been doing so for less than five years, with promising outcomes. Approximately 77% utilize Environmental Product Declaration (EDP) databases, while 68% employ digital tools to track and reduce the carbon footprints of their projects,” he says.

Though only half of the surveyed companies have carbon reduction strategies in place and 45% have dedicated employees in place to drive sustainable initiatives, there is a glimmer of light at the end of the net-zero tunnel.

Collaboration needed to drive change

A third of respondents have formally committed to reducing embodied carbon emissions, driven by multiple factors, with legislation (33%), client expectations (28%), and cost/efficiency savings (18%) emerging as the primary catalysts.

“Carbon reduction in the AEC industry requires a collaborative effort that involves various stakeholders, each with a unique role to play in minimizing the project’s environmental impact,” adds Wolf.

As such, architects, designers, engineers, contractors, suppliers, manufacturers, clients, developers, researchers, regulatory bodies and government need to unite and promote energy efficiency, low-carbon materials and sustainable practices at every turn.

Building a sustainable legacy

Collaboration among these stakeholders is essential to achieve meaningful carbon reduction in construction projects. Effective communication, shared goals, and a commitment to sustainability at every stage of the project lifecycle will undoubtedly contribute to and result in a more environmentally responsible built environment.

“The construction industry is at a pivotal juncture, tasked with not just erecting structures, but also building a sustainable legacy. These insights underscore the need for collective action to bridge the gap between intentions and impact.

“As stakeholders within this dynamic landscape, the onus is on us to drive transformation, advocate for informed decisions, and pioneer innovative strategies and technologies that lead us to a future where efficiency and sustainability is not just a goal, but a way of life,” concludes Wolf.

References

1. Greenhouse gas emissions at “an all-time high” — and it is causing an unprecedented rate of global warming, say scientists [Internet]. ScienceDaily. [cited 2023 Aug 22]. Available from: https://www.sciencedaily.com/releases/2023/06/230608121013.htm

About RIB Software

Driven by transformative digital technologies and trends, RIB is committed to propelling the industry forward and making engineering and construction more efficient and sustainable.

Throughout its 60-year history, the business has expanded its global footprint to incorporate more than 550,000 users and 2,300 talents, with the vision of transforming the operation into a worldwide powerhouse and providing innovative software solutions to its core markets – while placing its people at the heart of everything it does.

Managing the entire project lifecycle, from planning and construction, to operation and maintenance, the development of RIB’s portfolio of software solutions is driven by industry expertise, best practice and a passion to remain at the cutting edge of technology.

Ultimately, it aims to connect people, processes and data in innovative ways to ensure its customers always complete projects within budget, on time and to high quality, while reducing their carbon footprints.

RIB Software is a proud Schneider Electric company.

Kim Immelman 

Kim.Immelman@rib-software.com

Attachment

Kim Immelman

GlobeNewswire Distribution ID 1000839666

Annual Investment Meeting ประกาศอัตลักษณ์ใหม่เป็น AIM Congress เพื่อเตรียมพร้อมสำหรับงานครั้งที่ 13 ณ กรุงอาบูดาบี ในเดือนพฤษภาคม 2567

กรุงอาบูดาบี สหรัฐอาหรับเอมิเรตส์, Sept. 15, 2023 (GLOBE NEWSWIRE) — คณะกรรมการจัดงานแพลตฟอร์มการลงทุนชั้นนำของโลก ซึ่งอยู่ภายใต้อัตลักษณ์ใหม่ที่มีชื่อว่า “AIM Congress” จะนำพาเหล่าผู้นำ นักคิด และนักนวัตกรรมระดับภูมิภาคและระดับนานาชาติให้มารวมตัวกันอีกครั้งในงานครั้งที่ 13 นี้ ซึ่งจะจัดขึ้นระหว่างวันที่ 7 ถึง 9 พฤษภาคม 2567 ที่ศูนย์นิทรรศการแห่งชาติในกรุงอาบูดาบี

เพื่อยึดตามธีม “การปรับตัวให้เข้ากับภูมิทัศน์การลงทุนที่เปลี่ยนแปลง: การควบคุมศักยภาพใหม่สำหรับการพัฒนาเศรษฐกิจโลก” กระทรวงอุตสาหกรรมและเทคโนโลยีขั้นสูงและกรมพัฒนาเศรษฐกิจแห่งอาบูดาบี (Abu Dhabi Department of Economic Development หรือ ADDED) ในฐานะพันธมิตรชั้นนำจึงสนับสนุนการจัด AIM Congress ประจำปี 2567 นี้

เพื่อที่จะเป็นเจ้าภาพจัดงานนี้อีกครั้งในเมืองหลวงของสหรัฐอาหรับเอมิเรตส์ที่เต็มไปด้วยความมีชีวิตชีวา AIM Congress ประจำปี 2567 จึงวางแผนที่จะก้าวข้ามความสำเร็จที่ทำได้ในงานของปีที่แล้ว ซึ่งดึงดูดให้มีผู้เข้าร่วม 10,313 คนและวิทยากร 693 คนจาก 175 ประเทศ

ฯพณฯ ท่าน ดร.ธานี บิน อาเหม็ด อัล เซยูดี รัฐมนตรีกระทรวงการค้าต่างประเทศของสหรัฐอาหรับเอมิเรตส์ ได้แสดงความกระตือรือร้นต่อการประชุม AIM Congress ประจำปี 2567 โดยกล่าวว่า “เป็นเวลากว่าทศวรรษแล้วที่ AIM Congress ได้ยึดมั่นในพันธสัญญาการส่งเสริมความร่วมมือทางเศรษฐกิจระดับสากล และควบคุมทิศทางศักยภาพของประเทศต่างๆ โดยเฉพาะอย่างยิ่งในตลาดเกิดใหม่ ท่ามกลางสถานการณ์การลงทุนทั่วโลกที่เปลี่ยนแปลงไป การปรับตัวและสำรวจช่องทางใหม่ๆ เพื่อการเติบโตถือเป็นสิ่งสำคัญอย่างยิ่งต่อประเทศต่างๆ สำหรับการประชุมในปี 2567 นี้ AIM Congress จะยังคงเดินหน้าเป็นศูนย์รวมชั้นนำที่ผู้มีส่วนได้ส่วนเสียหลักทางเศรษฐกิจของโลกจะมารวมตัวกันเพื่อส่งเสริมการเจรจาและปูทางไปสู่การลงทุนที่สร้างผลลัพธ์ พร้อมขับเคลื่อนไปยังอนาคตที่สดใสยิ่งขึ้นและดียิ่งขึ้นเพื่อทุกๆ คน”

ฯพณฯ ท่านอาเหม็ด จาซิม อัล ซาบี ประธาน ADDED กล่าวว่า “พวกเราได้สร้างความสำเร็จอย่างสูงในการจัด AIM ในครั้งก่อน และกำลังยกระดับมาตรฐานเพื่อตอบสนองความคาดหวังของชุมชนการลงทุนทั่วโลก อาบูดาบีในฐานะเมืองหลวงของประเทศและแหล่งเงินทุนจะเป็นผู้นำการเจรจาระดับโลกเกี่ยวกับแนวโน้มและพลวัตด้านการลงทุนในยุคที่เกิดการเปลี่ยนแปลงครั้งยิ่งใหญ่ แนวทางการลงทุนภายในและภายนอกของเราเป็นไปตามแนวทางของพันธสัญญาที่เรามีอย่างแน่วแน่เพื่อให้การพัฒนามนุษย์ ความยั่งยืน และเทคโนโลยีขั้นสูงเป็นแกนหลักของแผนเศรษฐกิจและสังคมในระดับท้องถิ่นและระหว่างประเทศ นับเป็นการสนับสนุนวาระการประชุมเรื่อง ESG ตลอดจนเสริมสร้างการทำงานร่วมกันผ่านความร่วมมือระหว่างประเทศเพื่อปรับปรุงชีวิตทุกคนให้ดียิ่งขึ้น”

ทางด้านประธาน AIM Global Foundation นายดาวูด อัล เชซาวี ได้ให้ความเห็นว่า “ในการเผชิญหน้ากับความท้าทายต่างๆ ที่กำลังเกิดขึ้นในโลกของเราทุกวันนี้ ประกอบกับการเติบโตทางเศรษฐกิจทั่วโลกที่ลดลงอย่างต่อเนื่อง เราได้ประกาศอัตลักษณ์ใหม่ของ AIM ในชื่อ AIM Congress ซึ่งวางจุดยืนของตัวเองให้เป็นสถานที่ระดับพรีเมียมสำหรับการลงทุน โดยเป็นแพลตฟอร์มที่ดีที่สุดสำหรับผู้นำและผู้มีอำนาจตัดสินใจที่เป็นที่ยอมรับนับถือทั่วโลก เพื่อร่วมกันจัดการกับปัญหาเร่งด่วนที่สุดของเรา ปรับโฉมภูมิทัศน์การค้าและการลงทุนทั่วโลก และท้ายที่สุดก็ส่งเสริมผลกระทบเชิงบวกที่ยั่งยืนด้านสังคมและเศรษฐกิจในภูมิภาคต่างๆ ทั่วโลก”

AIM Congress สร้างขึ้นบนรากฐานของเสาหลัก 5 ประการ ได้แก่ FDI, FPI, สตาร์ทอัป, SME และเมืองแห่งอนาคต ซึ่งสนับสนุนวัตถุประสงค์ของงานและจัดทำกรอบการทำงานสำหรับกิจกรรมต่างๆ

สำหรับรายละเอียดเพิ่มเติม ติดต่อ
ชรียา เวอร์มา โทร. +971 521133926
shreya.verma@aimcongress.com

GlobeNewswire Distribution ID 1000839622

Andel and Copenhagen Infrastructure Partners to form strategic partnership

Andel and CIP will form a consortium to cooperate on two tenders for offshore wind farms in Denmark: Hesselø Offshore Wind Farm in Kattegat north of Zealand and Kriegers Flak II in the Baltic Sea

COPENHAGEN, Denmark, Sept. 15, 2023 (GLOBE NEWSWIRE) — For Denmark to reach the national climate ambitions and lower the share of fossil fuels in the national energy supply, the green transition needs to be accelerated. This will only happen through an acceleration of renewable energy and only by speeding up the development and construction of offshore wind farms.

Earlier this year, a political agreement laid the foundation for the largest Danish build-out of offshore wind historically at 9GW. The partnership formed by Andel and CIP will play a central part in the build-out and delivering on the national ambitions with two of the country’s most notable companies working together on offshore wind farms placed attractively close to the Danish island of Zealand. The two parks will have a capacity to supply power to the equivalent of two million homes.

“The international climate and energy crisis is a threat to our energy supply, and it is of great importance that we support the build-out of renewable energy. We are very happy and proud to form this strong strategic partnership with CIP, a company with expertise within development, construction, and operation of offshore wind farms. In our investment program up to 2035, DKK 90 billion will be invested into growth and the green transition. Now, together with CIP we are ready, and it is our goal to win the tenders for Hesselø and Kriegers Flak II,” said Jesper Hjulmand, CEO of Andel.

The continuous build-out of offshore wind in Denmark serves not only a purpose of transitioning the power supply but will also be central to Denmark in keeping the global position as a global leader in renewables, while growing the economy, and creating jobs both during construction and operation.

“Hesselø and Kriegers Flak II are very important pieces of the puzzle that is the transition of the Danish energy system. It is of utmost importance that we keep the transition moving, and at Andel and CIP we are ready to do our part of the job. Andel has strong competences in operating electricity supply and trading energy in large volumes both financially and to consumers, so Andel is a partner that complements our competences very well. Our common ambition is to be an important driver in the realisation of the potential for even larger amounts of renewable energy generation in Danish waters,” said Jakob Baruël Poulsen, managing partner at CIP.

The Danish authorities have appointed attractive areas designated for construction of offshore wind farms in the Northsea, Kattegat, and the Baltic Sea through a screening process followed by pre-investigations of the sites. Hesselø Offshore Wind Farm is planned for completion by 2029 and Kriegers Flak II by 2030. The two parks will have a total minimum installed capacity of 1.8 GW.

About Andel
Andel is Denmark’s leading energy and fibre-optic group. We are also a cooperative society and a group with subsidiaries. The purpose of Andel is to create welfare and growth regionally and in society in general by providing vital infrastructure and future-proof energy solutions.

Andel has 2.8 million customers and is owned by 400.000 coop members. The company’s vision is taking responsibility for building a future for everyone and playing a leading role in the green transition. This will happen through an ambitious investment strategy with DKK 90 billion invested in electrical charging, transmission and customer-focused energy solutions. Andel has 2,300 employees. Annual revenue in 2022 was EUR ~50 billion. For more information, please visit www.andel.dk

About Copenhagen Infrastructure Partners
Founded in 2012, Copenhagen Infrastructure Partners P/S (CIP) today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focuses on investments in offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity, storage, advanced bioenergy, and Power-to-X.

CIP manages ten funds and has to date raised approximately EUR 25 billion for investments in energy and associated infrastructure from more than 150 international institutional investors. CIP has approximately 400 employees and 12 offices around the world. For more information, visit www.cip.com

For further information, please contact:

Andel:
Morten Kidal, Head of Media Relations
Phone: +45 21703799
Email: mkl@andel.dk

Copenhagen Infrastructure Partners:
Oliver Routhe Skov, Head of Media Relations
Phone: +45 30541227
Email: orsk@cip.com

Thomas Kønig, Partner – Investor Relations
Phone: +45 7070 5151
Email: tkon@cip.com

GlobeNewswire Distribution ID 1000839619

WillScot Mobile Mini to Participate in DA Davidson Industrials & Services Conference

PHOENIX, Sept. 14, 2023 (GLOBE NEWSWIRE) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), the North American leader in innovative temporary space solutions, today announced that Brad Soultz, Chief Executive Officer, and Nick Girardi, Senior Director of Treasury and Investor Relations, will host private investor meetings at the DA Davidson Industrials and Services Conference in Nashville, TN, on September 21, 2023.

About WillScot Mobile Mini

WillScot Mobile Mini trades on the Nasdaq stock exchange under the ticker symbol “WSC.” Headquartered in Phoenix, Arizona, the Company is a leading business services provider specializing in innovative and flexible temporary space solutions. The Company’s diverse product offering includes modular office complexes, mobile offices, classrooms, temporary restrooms, portable storage containers, climate-controlled storage units, and a thoughtfully curated selection of furnishings, appliances, and other services so its solutions are turnkey for customers. WillScot Mobile Mini services diverse end markets across all sectors of the economy from a network of approximately 240 branch locations and additional drop lots throughout the United States, Canada, and Mexico.

Additional Information and Where to Find It

Additional information can be found on the company’s website at www.willscotmobilemini.com.

Contact Information
Investor Inquiries: Media Inquiries:
Nick Girardi Jake Saylor
investors@willscotmobilemini.com jake.saylor@willscot.com

GlobeNewswire Distribution ID 8921249

Churchill & Harriman Announces Collaboration with Lenovo to Include Global Security Risk Assessment and Mitigation Capabilities in ThinkShield Cybersecurity Portfolio

Kenneth J. Peterson, CEO, Churchill & Harriman, Inc.

Kenneth J. Peterson, CEO, Churchill & Harriman, Inc.

PRINCETON, N.J., Sept. 14, 2023 (GLOBE NEWSWIRE) — Today Churchill & Harriman, Inc. (C&H), the enterprise risk management company, announced a collaboration with Lenovo to integrate C&H’s Security Risk Assessment© solution within Lenovo’s ThinkShield cybersecurity portfolio of solutions. Lenovo customers can now purchase C&H’s Security Risk Assessment©, which provides customers with necessary empirical evidence to prioritize security investment decisions, as well as recommendations for enhancing security.

The outputs of the Security Risk Assessment© provide organizations aiming to improve their security program with a baseline for best practice. A completed Security Risk Assessment© includes an actionable report specific to the 6 US National Institute of Standards and Technology defined critical security domains and 17 security practices to comply with established basic cyber hygiene requirements. The assessment also includes recommendations for Lenovo ThinkShield portfolio of cybersecurity solutions and C&H services to increase security efficacy.

“We are excited to collaborate with Lenovo and provide their customers around the world a clear, efficient path to help achieve cyber hygiene and ultimately cyber resilience,” said Ken Peterson, CEO, Churchill & Harriman, Inc. “Increasingly Boards of Directors and other customer decision makers require empirical evidence to prioritize security investments. Companies must also provide evidence of cyber hygiene best practices in order to conduct business in the global economy. The C&H Security Risk Assessment© provides customers with empirical evidence of gaps in their basic security practices as well as recommendations to fill identified gaps with Lenovo ThinkShield Products and C&H services, helping the customer protect revenue streams and their reputation.”

“For decades, Churchill & Harriman, Inc. has been entrusted to assess risk, as well as develop and implement solutions at the most rigorous standards across global industry, government, public-private partnerships, industry consortiums, and the regulatory community,” said Nima Baiati, Executive Director and General Manager, Cybersecurity Solutions, Intelligent Devices Group, Lenovo. “We are pleased to add these benefits and value to our customers.”

The Churchill & Harriman Security Risk Assessment© is available through Lenovo’s network of global sales and partners today. For more information visit: Security Risk Assessment©

About Churchill & Harriman, Inc.

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Thai Nguyen promotes cooperation in mining, education with Australia

A delegation led by Australian Ambassador to Vietnam Andrew Goledzinowski held a working session with leaders of northern Thai Nguyen province on September 15 to explore cooperation prospects and opportunities in the locality.

Secretary of the provincial Party Committee Nguyen Thanh Hai said last year, the province’s gross regional domestic product (GRDP) grew by over 8.59%, surpassing the set target. The province has zoned off 12 industrial zones and 41 industrial clusters, covering a total area of more than 6,000 hectares and attracting major global investors such as Samsung, Dongwha, Hansol from the Republic of Korea. At present, there are 173 projects with a total registered capital of over 10 billion USD in the province.

She added that Thai Nguyen exported goods worth over 534 million USD to Australia last year while spending nearly 16 million USD on import of goods from the country. It also possesses rich and diverse resources, with around 200 mineral deposit locations, including significant reserves of minerals like tungsten and coal.

According to Hai, education is also a local strength. Thai Nguyen University is one of the largest regional universities nationwide, comprising nine member universities known for their high-quality curricula.

The host committed to open and favourable policies, improving the quality of administrative reform and digital transformation, thus creating the best possible conditions for investors when they come to explore and invest in the locality.

Sharing Australia’s strength in mining and education, Goledzinowski said Australian investors are interested in Vietnam and Thai Nguyen in particular.

He believed that Thai Nguyen will be an attractive destination for Australian investors in the coming time, and pledged to share information to step up the increasingly deep and effective cooperative relationship between the two sides./.

Source: Vietnam News Agency

Seminar on promoting Vietnam-Japan cooperation held in Can Tho

A seminar on promoting Vietnam-Japan friendship and cooperation took place in the Mekong Delta city of Can Tho on September 15.

Speaking at the event, Vice Chairman of the municipal People’s Committee Duong Tan Hien said Can Tho now records six foreign-invested projects from Japan worth around 1.35 billion USD, making Japan the biggest out of 22 countries and territories investing in the locality. The city has also received tens of millions of USD in official development assistance (ODA) from the Japanese Government for large-scale projects such as Can Tho bridge and O Mon thermal power plant.

According to him, Japan has provided significant humanitarian and community development assistance through institutions like the Japan Bank for International Cooperation (JBIC) and the Japan International Cooperation Agency (JICA), with projects on building capacity, supporting vulnerable groups and language training centres, and improving educational infrastructure which have contributed to socio-economic development in the Mekong Delta and Can Tho in particular.

Japanese Consul General in Ho Chi Minh City Ono Masuo said this year marks the 50th anniversary of bilateral diplomatic ties. He wished to continue active cooperation with key units in Can Tho, such as Can Tho University and the Vietnam-Japan Friendship Association in Can Tho city to foster even better connections between the two countries’ young generations.

Chairwoman of the Can Tho Union of Friendship Organisations Le Thi Thanh Giang said together with the Vietnam-Japan Friendship Association, the union has offered all possible support to Japanese firms to do business in the city.

In June, the union in coordination with the Consulate General of Japan and the Can Tho College of Culture and Arts, held a ceremony to receive music equipment funded by the Japanese Government. The event was part of the Grant Assistance for Cultural Grassroots Projects with a total budget of 75,716 USD, she added.

At present, Japan is the biggest ODA supplier, the second largest investor, the third largest urban partner, and the fourth biggest bilateral trade partner of Vietnam./.

Source: Vietnam News Agency