Vinh Phuc Strives to Attract 35 Projects into Industrial Parks Each Year

9:42:15 AM | 30/6/2020

Determining investment attraction as a key solution and leverage to promote socio-economic development in the period of 2020 - 2025, Vinh Phuc strives to attract about 35 projects each year and create more than 6,000 jobs for local workers.

According to data from the Vinh Phuc Industrial Parks Authority, it is expected that by the end of 2020, the whole province will attract 25 more FDI projects into industrial parks and there will be 20 projects increasing capital with the total additional capital of US$100 million, bringing the total number of FDI projects in the 2016-2020 period to 198 projects. It is expected that by the end of 2020, the whole province will attract 10 direct domestic invested projects with a total registered capital of VND2,900 billion, bringing the total number of DDI projects in the period 2016-2020 to 40 projects, with a total investment of more than VND7,800 billion.

To achieve this goal, in the coming time, the province will continue to offer many solutions to complete policies to attract investment and build a transparent financial mechanism, consistent with the requirements of promoting socialization of investment, creating favorable and fair conditions for domestic and foreign investors; attracting selective investment, focusing on prioritizing hi-tech, high-quality and prestigious projects.

At the same time, it will continue to review and cut unnecessary administrative procedures; shorten the time for handling administrative procedures related to business investment. The province will innovate investment promotion in the direction of having a focus and central point; strengthening the coordination between State agencies and investors in infrastructure of industrial parks and industrial clusters in approaching and mobilizing investment promotion. It will well implement the investment promotion activities on the spot, quickly solving difficulties against enterprises in the province.

Nguyet Tham (Vietnam Business Forum)

 

Forthcoming Events