Long An always creates favorable conditions for businesses to invest and produce

Long An always creates favorable conditions for businesses to invest and produce

According to Secretary of the Long An Provincial Party Committee - Nguyen Van Duoc, in the complicated situation of the epidemic, Long An still has many large-scale enterprises and corporations coming to invest. In 2021, Long An attracts more than 3.8 billion USD in foreign investment, ranking second in the country..

To become an attractive destination, Long An province always focuses on reforming administrative procedures and improving many investment procedures. Specifically, recently, the province has granted investment certificates to foreign investors within 1 day after receiving all valid documents.

For example, the Korean investment project of Lotte Eco Logis Long An Co., Ltd. of Lotte Land Co., Ltd (in Phu An Thanh Industrial Park, An Thanh Commune, Ben Luc district) has an area of 79,142 square meters and total investment capital of the first phase is 306 billion VND (equivalent to over 13,450 USD); beverage factory investment project with a total capital of more than 136 million USD (equivalent to more than 3,109 billion VND) in Phu An Thanh Industrial Park, Ben Luc district.

Head of the Management Board of the Provincial Economic Zone - Nguyen Thanh Thanh said that the quick settlement of investment procedures is one of the issues that the provincial leaders thoroughly grasp and direct to implement seriously. The year 2022 has been chosen as a breakthrough year in economic development in order to well fulfill the goals of the Resolution of the Provincial Party Congress. Long An strives to continue to maintain its leading position in economic terms in the Mekong Delta by 2025; by 2030, the province will become a well-developed locality in the southern key economic region.

In order to successfully implement the goals of 2022, the provincial leaders will focus on directing units and localities to implement solutions for economic recovery and development; continue paying attention to the implementation of administrative procedure reform, improve the investment environment, create many clean land funds at competitive prices to attract more investors. The province also fully implements business support policies according to central regulations. At the same time, the province continues to call for socialization in infrastructure investment, especially transport infrastructure to create favorable conditions to attract better investment.

“Long An province always creates the most favorable conditions for enterprises to produce and do business. The province considers enterprises as the driving force for development. Provincial leaders always consider the success of enterprises as the success of the province. Long An always welcomes investors to explore and invest in the province. The province is committed to always accompanying, listening, sharing and removing difficulties for businesses in order to create favorable conditions for businesses to invest in production and business in Long An", said Secretary of the Provincial Party Committee - Nguyen Van Duoc.

In 2021, the Covid-19 epidemic greatly affected the economic growth of the province. Currently, most businesses' activities have stabilized. In 2022, Long An will strive to achieve an economic growth rate of 6.5 – 7 percent, the rate of increase in state budget revenue in 2022 will increase by 12 percent over the same period./.

By Le Duc – Translated by P.Ngan

Source: https://baolongan.vn/long-an-luon-tao-dieu-kien-thuan-loi-de-doanh-nghiep-den-dau-tu-san-xuat-a132499.html