Ready to Hand Over 500 Hectares of Clean Land to Investors

10:41:21 AM | 5/1/2021

That was shared by Mr. Le Duy Thanh, Chairman of Vinh Phuc Provincial People's Committee, at the seminar on investment promotion of Korean businesses.

Mr. Le Duy Thanh said: “Vinh Phuc still has about 500 hectares of clean land for industry. Vinh Phuc develops not only industrial parks, but also industrial ecosystems, with synchronous transport infrastructure and services. We have strongly deployed even soft infrastructure such as social housing for workers, ground clearance compensation, support for people to access services and changing careers, cultural, sports and health care infrastructure, training and improving professional skills. In fact, these factors plus clean infrastructure, convenient transportation, and reasonable land rent are among the factors that attract the attention of FDI enterprises, as well as domestic enterprises.”

To support enterprises in the province, especially those from Korea who are interested in learning about investment opportunities in Vinh Phuc province, in the coming time, Vinh Phuc province will apply investment incentive policies for businesses and investors in accordance with the law, and the province's own investment support mechanisms and policies. It will continue to develop policies to diversify investment areas, increase access to investment support for businesses and investors in the province; support businesses to access land in the fastest time according to the law. The province will accelerate ground clearance to create a land fund for investment projects. It will solve labor problems for businesses, such as training and recruiting workers.

The province will provide infrastructure to the fences of industrial parks and clusters, tourist areas and support essential input conditions for enterprises. It will quickly resolve investment administrative procedures in accordance with the law. It will also continue to review and simplify administrative procedures, make public and transparent investment procedures, construction and land planning, and planning for sectors and fields on the electronic information system. The province will settle administrative procedures according to the one-stop mechanism, the inter-connected one-door mechanism; promptly remove difficulties for business.

“With high determination, innovation, compliance with the law, unanimous solidarity of leaders at all levels and sectors in the province; the active support of ministries, sectors, central agencies and international organizations, along with the constantly improved investment environment, it is certain that the province will have a breakthrough in attracting investment in the coming time," Chairman of Vinh Phuc Provincial People's Committee emphasized.

Mr. Le Duy Thanh also expressed his desire to have more cooperation projects between Korean and domestic enterprises in the province, which will make great contributions to the province's economic growth, create jobs, and fulfill commitments to environmental protection.

By Nguyet Tham, Vietnam Business Forum

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