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Local Economy

Last updated: Tuesday, November 21, 2017

 

Nghi Son Economic Zone and Thanh Hoa Industrial Zones Authority: Accompanying Investors

Posted: Tuesday, May 16, 2017


In 2016, the Authotity of Nghi Son EZ and Thanh Hoa province’s industrial zones granted certificates of investment registration for 49 domestic investment projects with total registered capital of over VND 10,500 billion, and 6 FDI projects with a total registered capital of US$ 44.15 million. To find out more about this, Vietnam Business Forum interviewed Nguyen Van Thi, Head of Nghi Son EZ and Thanh Hoa IZs Authotity. Ngo San reports.

Could you tell us what factors helped Thanh Hoa get good results in attracting investment in 2016?
In 2016, the Authotity of Nghi Son EZ and Thanh Hoa IZs granted certificates of investment registration for 49 domestic investment projects with a total registered capital of over VND 10,500 billion, and 6 FDI projects with a total registered capital of US$ 44.15 million. To achieve these results, we have concentrated on drastic and synchronous implementation of many solutions to strongly improve the business investment. In which, implementing administrative reform; planning and managing the planning effectively; investing step by step in a synchronous infrastructure system; and promoting investment in the direction of professionalism.

In recent years, Thanh Hoa has organized many investment, trade and tourism promotion activities. What has been achieved through these activities? In your opinion, in the coming time, what should Thanh Hoa do to further strengthen investment promotion activities?
In recent years, Thanh Hoa province has successfully organized many investment promotion conferences such as the Investment Promotion Forum in Nghi Son EZ and surrounding areas (2013), investment and tourism promotion conference in Ho Chi Minh City (2014), and Investment Promotion Conference in Ngoc Lac District (2014). Each conference brought its own values and benefits to meet the development requirements in each period. However, the most common result was that all conferences conveyed a message to investors about a favorable investment environment and investment opportunities. At the same time, the conferences are also forums for investors and businesses to discuss policies, potentials and opportunities for investment cooperation, and propose concrete measures to promote more capital for the development of the province.

The investment promotion conference in Thanh Hoa province in 2017 will be held in the coming time on the national scale, organized by the Ministry of Planning and Investment and Thanh Hoa province authority. The event is in the series of major events by Thanh Hoa province in 2017, along with the 110th anniversary festival of Sam Son tourism and the commencement ceremony of Nghi Son II thermal power plant. The organization of this conference is very important for Thanh Hoa province, because besides the support and recommendation of the leaders of the Government, ministries, central branches and ambassadors, this is also an opportunity for domestic and foreign investors to learn about its investment potential. Thanh Hoa province has the opportunity to introduce its potential and advantages; mechanisms, policies, investment projects and tourism products. Simultaneously, it is also an opportunity to receive, supplement, and timely repair policies to attract investment, and create favourable conditions for investors interested in investing in Thanh Hoa under the approved planning. This is also an opportunity for Thanh Hoa province to continue to affirm the goodwill and desire to accompany businesses to develop.

In the coming time, in order to further promote the efficiency of investment promotion, Thanh Hoa province needs to continue to implement the following contents: (1) continue to strongly improve investment environment, administrative reform (2) Good implementation of site clearance, increase access to land of enterprises (3) Concentrate investment capital for technical and social infrastructure development and give priority to Nghi Son EZ and Thanh Hoa IZs to create incentives to attract investment. (4) Review and promulgate appropriate policy and mechanisms to attract investment projects. (5) Focus on developing human resources to meet the requirements of labour quantity and quality for investment projects.

 








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