The Provincial Party Committee and the Provincial People’s Committee of Ca Mau Province have adopted many measures to enhance competitiveness and create appeals to the investment environment to boost local socioeconomic development. Vietnam Business Forum has an interview with Mr Mai Huu Chinh, Director of the Ca Mau Department of Planning and Investment. Quoc Hung - Han Luong report.
What solutions has Ca Mau province taken to add allure to the investment climate?
First of all, Ca Mau province pays attention to completing the infrastructure system, especially industrial zone infrastructure. The province currently has four industrial production sites (Khanh An Industrial Park, Hoa Trung Industrial Park, Song Doc Industrial Complex and Nam Can Economic Zone). Particularly, Khanh An Industrial Park has favourable conditions to attract investment projects.
In the past years, Ca Mau province has prioritized calling investment capital to tap local potential and strengths like seafood processing; commercial forestation; wood processing; ecotourism; natural gas-fuelled industries like electricity and fertiliser production; and some low pressure gas-fuelled industries. To strongly attract capital investment, the province has stepped up investment promotion and administrative reform, improved provincial competitiveness index (PCI), and gradually established an open and transparent business investment environment. Every year, we also advise the Provincial People's Committee to host meetings with companies and investors to understand their difficulties and problems and their proposals related to investment, production and business procedures. Then, the province will be able to assess the satisfaction of enterprises regarding the local business and investment environment, understand outstanding issues to be addressed and provide timely support for them.
By tapping its existing advantages and potential and making every effort to create an attractive investment environment, Ca Mau has achieved certain results in investment attraction in recent years. From 2010 to June 2015, the province licensed 172 new projects with a total registered capital of VND75,639 billion, including five effective FDI projects with US$11.625 million.
To improve investment attraction effectiveness, Ca Mau has applied a so-called single-window mechanism to better support investors whenever they have any request. Could you please tell more about this mechanism's operation and its practical effects for businesses?
Administrative reform has thoroughly implemented in accordance with six contents specified in the Overall Administrative Reform Programme in the 2011 - 2020 period of the Government to basically meet State management and socioeconomic development requirements. The single-window mechanism is carried out by all relevant agencies.
Currently, most of provincial departments and local authorities are applying the one-door mechanism and achieved initial positive results. With this new mechanism, positive changes are seen in administrative procedure settlement, service manner and accountability of civil servants. Coordination among businesses, provincial authorities and local governments to settle administrative records has progressed. The performance of governmental agencies is also enhanced, thus contributing to the stable improvement of the investment environment and socioeconomic situation.
Could you please talk about Ca Mau province’s investment attraction orientations in 2015? How has the province invested in socioeconomic infrastructure construction and land fund preparation for production and business operations to achieve its targets?
In 2015, Ca Mau has focused on attracting investment capital into the province by popularising and introducing local potential and strengths, investment attraction fields and projects, investment incentive policies and investment environment progress. The province has actively taken part in national investment promotion programmes.
In addition to locally strong seafood investment projects, Ca Mau can develop some natural gas-fuelled industries like electricity and fertiliser; low pressure gas-fuelled industries, clean energy, seaport services, fishing services, wood processing and ecotourism. However, infrastructure system and human resources are two main obstacles to unlock local potential and advantages. To overcome these limitations, Ca Mau has concentrated investment on infrastructure construction and ensured connectivity to promote investment efficiency and create socioeconomic development momentum. The province has also increased investment in human resources development to meet local development demand.
To improve infrastructure system, in the coming time, Ca Mau will focus on developing seaport infrastructure, transport infrastructure and economic centre infrastructure; building main traffic systems for Nam Can Economic Zone, speeding up the construction of essential infrastructure works in Khanh An Industrial Park; and preparing conditions to attract new investors. The province will actively study and seek potential investors and partners to draw their investment capital, particularly for infrastructure works in Nam Can Economic Zone, Khanh An Industrial Park, Hoa Trung Industrial Park and Song Doc Industrial Complex. In addition, the province has directed departments and localities to actively implement specific plans to carry out their tasks in the Action Programme issued together with its Provincial Competitiveness Index (PCI) Improvement Scheme to 2020; promoted the construction and deployment of Corporate Competitiveness improvement Project in the 2011 - 2020 period, with a vision to 2030. Support agencies and associations like the Southern Investment Promotion Centre, the Ho Chi Minh City Business Association, and the Ho Chi Minh City Investment and Trade Promotion Centre support potential investors to draw investment capital for some important feasible projects.
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