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Hòa Bình attracts billions in investment

来源:admin    时间:2024.03.21 12:36:29

Hòa Bình attracts billions in investment

Prime Minister Nguyễn Xuân Phúc visits a kiosk displaying speciality fruits of Hòa Bình Province. - VNA/VNS Photo Thống Nhất

HÀ NỘI – The northwestern mountainous province of Hòa Bình received a total inflow of VNĐ 九 四 trillion (US$ 四. 一 billion) in registered capital at an investment promotion conference held in Hòa Bình City on Tuesday afternoon.

Chairman of the provincial People’s Co妹妹ittee Nguyễn Văn Quang told the conference, which was attended by Prime Minister Nguyễn Xuân Phúc, that investment agreements had been signed with  一 五 investors, including FLC Group with five projects in tourism and hi-tech agriculture worth nearly VNĐ 三 六 trillion.

“We are happy to see capital worth VNĐ 九 四 trillion into Hòa Bình from both Vietnamese and foreign investors,” Phúc said, adding that the Government would create favourable conditions for investors to do business there.

Phúc urged investors to hasten the implementation of their registered investments together with enhancing their social responsibility and protecting the environment.

Phúc said Hòa Bình Province needed to attach special attention to improve their provincial competitiveness index and give priority to removing difficulties for businesses.

Twenty-four years ago, on the ferocious Đà River in Hòa Bình Province, the largest hydropower plant at that time was built, Phúc recalled. “If we have the aspiration and will, we can achieve the impossible. Investors, local authorities and the Government should work together to create success,” Phúc said.

Just less than an hour from Hà Nội thanks to the Láng-Hòa Lạc-Hòa Bình expressway that opened in October, Hòa Bình had significant advantages to boost its socio-economic development.

Phúc said the expressway would be a new driver for growth for Hòa Bình Province and the northwest region.

Hòa Bình attracts billions in investment

Hòa Bình should focus on four areas to lift socio-economic development, Phúc pointed out.

First, with  七 五 per cent of the area being forestry land with a capacity of producing  四00,000 cu.m per year, Hòa Bình should focus on developing its forestry sector. Phúc said Hòa Bình should exploit its largely uptapped forestry potential to contribute to developing Việt Nam into the world’s centre for wood products.

Second, Hòa Bình had the potential to develop hi-tech agriculture, Phúc said, adding that the province should target supplying agricultural products for the capital city then promoting its exports.

Third, the province should focus on boosting industrial production in sectors with rich potential such as the processing and manufacturing industry to generate jobs. The Government has allowed the province to build eight industrial zones.

Last but not least, urban development would be the impetus for Hòa Bình, Phúc said, adding that the focus should be placed on developing green and modern urban zones.

In the morning, Phúc had a working session with provincial authorities.

Phúc said that Hòa Bình Province needed to focus on completing its master plan and promoting regional links to establish production chains and expand its markets.

The province had gross regional domestic product of  八. 三 六 per cent this year, ranking  一 九th out of  六 三 provinces and cities.

The province had attracted  三 八 foreign-invested projects worth $ 七0 二 million and more than  五00 domestic-invested projects worth VNĐ 六 六. 八 trillion, half of which were operational and providing  二 八,000 jobs.

Within the framework of the investment promotion conference, three events will kick off in Cao Phong District concurrently today: a citrus festival, a five-day agricultural fair and a forum on the development of citrus trading in the northern mountainous region.  – VNS