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PROVINCIAL WORKING GROUP TO SUPPORT AND PROMOTE INVESTMENT IN BINH DINH PROVINCE, VIET NAM

Wednesday - 29/09/2021 13:43
In the first 09 months of 2021, facing the very complicated situation of Covid-19 pandemic, Binh Dinh Provincial attraction and execution investment got many very difficulties. Anyways, together the close and drastic attention from Binh Dinh Provincial Central Party and Committee, the investment attracting results were positive with 04 domestic projects of VNĐ 607.12 billion in September and 03 of them belonged to BEZA. In the same duration, there were 65 new projects for the whole Binh Dinh Province, in which 17 projects were in Nhon Hoi Economic Zone and Provincial IPs with total investment capital of VNĐ 6,577 billion.
PROVINCIAL WORKING GROUP TO SUPPORT AND PROMOTE INVESTMENT IN BINH DINH PROVINCE, VIET NAM
Also, there were 03 new FDI projects with total investment capital of USD 40 million and 07 projects whose investment capital was adjusted to raise to USD 32.23 million. Up till now, in NEZ and Provincial IP, there were 38 FDI projects with total investment capital of USD 775 million. In Binh Dinh Province, there were totally 86 FDI projects with total investment capital of USD 1.047 billion.
In the recent time, Binh Dinh Government has promulgated numerous  appropriate and timely policies in order to solve bussiness problems and also hit local economic development. Especially, on September 24th 2021, Binh Dinh Provincial People’s Committee released Decision N0 3937/QĐ-UBND on foudation of the provincial working Group for investment support and promotion. The working Group includes leaders of Binh Dinh Provincial People’s Committee Office and Departments of Planning and Investment, Finance, Construction, Transport, Industry and Trade, Natural Resources and Environment, Agriculture and Rural and Justice, Public Security,  and Binh Dinh Economic Zone Authority (BEZA). At the announcement meeting, on Sep 27th 2021, Mr. Nguyen Phi Long, Chairman of Binh Dinh Provincial People’s Committee emphasized the importance of founding the provincial working group for investment support and promotion under the authority of Binh Dinh Provincial People’s Committee Chairman. On one hand, this would take the meaningful role in investment attraction, investment promotion and economic development in the period of 2021 – 2025. This Party would have main decision in policy orientation, solve the difficulties and problems in project assessment and approval, and help in quick project execution of investor. On the other hand, this party would also take an important role in advisory for The Chairman in acceptance for important projects of big scale which had created many different opinions from other provincial departments and local authorities.

Mr. Chairman also requested the working group and other provincial departments focus on attracting projects of four following fields: Heavy industries with high tech and information technology, High-tech agricultural projects in breeding and fisheries, Renewable energy producing (especially constructing wind power plants) and Projects of resorts, tourism and city infrastructure building. With the provincial purpose of more effective investment attracting activities in the next period, Mr. Chairman urged the working group and other provincial departments to execute stronger public administration reform and information technology application for all the investment procedures, to strengthen in supporting combination for ready projects and to solve difficulties for investors in order to effectively attract new projects which would rapidly contribute to our provincial sustainable development.
 

Author: Đặng Nguyên Phúc

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