3:48:19 PM | 14/8/2007
In 2006, Hoa Binh province issued the red carpet policy to attract investors. This policy has shown significant achievements in investment attraction. Luong Son Industrial Park came into being to serve local development.
Luong Son Industrial Park was the first to be set up in Hoa Binh Province and received strong cooperation and support from the provincial and local governments. After two months of investment licence obtainment, thanks to strong backing from the provincial leaders, site clearance has been basically finished to pave the way for investors. According to the leaders of Luong Son Industrial Park, preferential tax treatment is offered to those who invest here. This industrial park is considered the one with the cheapest land rental fee at US$20/1 square metre for 49 years. Additionally, the customer care office of the industrial park is willing to help investors and enterprises with administrative procedures.
Mr Vu Duy Bong, deputy director of Luong Son Industrial Park said, “We will build an electric transformer here to serve the industrial zone. Electric lines are designed for the convenience of the investors. We also plan to cooperate with local customs offices, banks and post offices to create favourable investment conditions.” He added, “Right after we invested here, leaders of the provincial People’s Committee gave strong support and favourable conditions. Thus, the industrial park was ready to house investment projects after only half of a year. Currently, the Luong Son Industrial Park has four investment projects.”
Luong Son Industrial Park is expanding to 300 hectares of land, expected to finish in 2008. In the future, this will act as a shortcut for investment projects in Hoa Binh province.
A. Tuan