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13/01/2020 - 16:06

Long An promotes investment attraction

The Mekong Delta province of Long An has many policies to support, improve the environment, promote trade, etc. in order to create favorable conditions in attracting investment, contributing to the local socio-economic development.

Positive signals

Long An province always strives to create favorable conditions for businesses to invest and operate. In recent years, provincial and local leaders have always accompanied enterprises to promptly remove obstacles and difficulties in the process of operation so that the enterprises can be assured in production.

Besides, the province has also gradually renovated, improved the environment, reformed the administrative system, reorganized the working way, focused on trade promotion and introduced the local image to the outside, etc. Therefore, many investors and enterprises invest in the area effectively, contributing to promoting local socio-economic development.

As a key district of the province on industrial development, in recent years, Duc Hoa has been constantly rising. District leaders always focus on attracting investment in the area. As a result, more and more enterprises come to the localities to implement the project and go into operation, contributing to the local authorities to well solve social security issues, create jobs for workers.

Attracting investment in Long An province has achieved many positive results

According to Deputy General Director of Hai Son Co., Ltd. (investor of the infrastructure of Hai Son Industrial Park, Duc Hoa district) - Nguyen Quang Hien, the district has an attractive investment environment; provincial and district leaders always listen and promptly solve problems of the enterprises. Besides, the supporting policies, improving the investment environment, administrative reform, etc. are also suitable to the reality. Thus, the enterprises are assured in production, contributing to helping attract investment to achieve high results. Currently, the industrial park has a total area of over 500 hectares, the entire area is almost filled with nearly 400 secondary businesses in operation. In addition, the company also received and invested in new projects in the district.

According to Chairman of the People's Committee of Duc Hoa district - Tran Van Lanh, the district clearly determined that investment attraction plays an important role in offering specific policies and orientations in promoting and calling for investment. In recent years, this task of the district has achieved some positive results. Specifically, the district's economic structure has shifted in the right direction with good growth; industrial production is increasingly playing an important role in the economy. The value of industrial production - construction has reached about 75,000 billion VND. Currently, the whole district has 10 industrial zones (7 zones have been put into operation), 14 industrial clusters (6 clusters have been put into operation), attracting over 2,000 secondary investors. In the coming time, the district will continue to coordinate with provincial departments and agencies to further enhance the attraction of investment in localities; focus on site clearance, creating a clean land fund, improving the business environment, promptly removing obstacles and difficulties of businesses to attract investment to achieve the set plan, contributing to local socio-economic development.

Hoa Binh industrial park (Nhi Thanh commune, Thu Thua district) has been operating in the province since 2008. Currently, this industrial park basically fills the entire land area (118 hectares). The above positive results are the creation of favorable conditions from the local authorities and the good implementation of the investment attraction of Hoa Binh industrial park. Representative of Hoa Binh Industrial Park - Dang Trung Tin said: “We have policies and plans to attract investment to achieve positive results. Besides, we have active support from the provincial leaders; the support policies of the province are very appropriate and timely. This is a favorable condition for the locality to increase the investment attraction in the future.

Promoting investment attraction

In Can Giuoc district, Long Hau Industrial Park has become an attractive investment destination for many investors. This area includes Long Hau Industrial Park (existing), Long Hau Industrial Park (expanded) and Long Hau Industrial Park 3. Long Hau Industrial Park (existing) and Long Hau Industrial Park (expanded) are 100 percent filled with more than 200 secondary enterprises; in which, foreign enterprises account for about 40-50 percent. Long Hau 3 Industrial Park has a total area of 123 hectares; its infrastructure investor is connecting the infrastructure and calling for investment. This area has just been completed and put into operation at the end of  December 2019, initially receiving 5 secondary enterprises.

Long Hau 3 Industrial Park is completing the infrastructure connection to receive investors

According to Marketing - Sales Director of Long Hau Joint Stock Company (investor of Long Hau Industrial Park) - Bui Le Thanh Hieu, Long An has many policies to support and attract investment. The company is created favorable conditions in operation as well as attracting investment. In addition, the company also strengthened the introduction and promotion of our image, supporting policies, the environment to domestic and foreign secondary investors to attract investment. According to our assessment, Long An has performed very well the task of calling for and attracting investment. The province's leaders often have dialogues and meetings with enterprises, etc. As a result, the relationship between the two sides is open and favorable for investment. In order to further strengthen this activity, we propose that the province will continue to have new directions in investment as well as supportive and interested policies after attracting investment; upgrade and expand transportation routes.

Deputy Director of Department of Planning and Investment - Nguyen Anh Viet informed: Recently, investment attraction in the province has achieved some positive results. This task is always concerned by the provincial leaders to create favorable conditions for enterprises. The province has focused on investing in the infrastructure of industrial parks and clusters to create more land funds to attract investment; strengthening the review of investment projects; rectifying unauthorized investment; implementing Decree 30 of the Government on investor selection and investment deposit, especially in site clearance and resettlement. Since the beginning of 2019, the number of enterprises has increased over the same period; domestic investment projects have increased in quantity of projects and registered capital while foreign investment projects have increased in quantity of projects but decreased in registered capital. The Department continues to advise the provincial People's Committee on specific support policies and solutions to increase investment attraction in the province, contributing to promoting the local socio-economic development.

In Long An province, more than 1,900 domestic investment projects which were licensed with registered capital of 216,679 billion VND; more than 1,000 foreign investment projects with a total registered capital of 6,166 million USD, of which, 576 projects came into operation, accounting for 57 percent of the total number of registered projects, with a total implemented capital of about 3,614 million USD, reaching 58,61 percent of the total registered capital./.

By Chau Son - Translated by Pham Ngan