At present, GGS Garment Export Company - Song
Da left bank industrial zone is creating jobs for 1,000 local workers.
According to Mr. Nguyen Thanh Huy, Chairman
of Hoa Binh People's Committee, in the past years, the business investment
environment in the city has been improved, especially since the Public
Administration Center came into operation along with the promotion of
Administrative reform has created favorable conditions for investors to carry
out investment procedures.
The planning of industrial zones and clusters
are being rushed, ready to receive projects. Parallel with that, the industrial
zone was renovated its infrastructure by investors, creating favorable conditions
for production and business enterprises.
According to the leaders of Hoa Binh city,
the biggest strength of the city today is an Industrial Zone, three oriented
industrial clusters. In particular, Song Da left bank industrial zone is
currently attracting dozens of investment projects, including foreign companies
investing hundreds of million dollars, creating jobs for thousands of workers
living in the city and districts nearby.
According to the statistics from the People's
Committee of Hoa Binh City, thanks to the efforts of enterprises, production
and business establishments in the industry, in the first quarter of 2018, the
production value of industry and handicraft in the city is estimated at over
817, 2 billion VND, up by 11.45% compared to the same period of 2017, reached
at 24.4% in the plan of 2018. Of which, the production value of state-owned
enterprises in the area is estimated at 20,125 billion VND, up by 13.12% in
comparison with the same period of 2017; the production value of enterprises is
estimated at 650.43 billion VND, up by 12.6% in comparison with the same period
of 2017, the production value of individual production and business
establishments reached 146.72 billion VND, compared to the same period of 2017,
increasing by 6.37%.
However, in addition to the achievements, Hoa
Binh city also showed many difficulties and limitations in industrial
development, such as infrastructure investment resources have not met the
actual needs. The supported industry has newly developed, the number of
enterprises has not developed rapidly, the scale is small, investment capital
is low leading to weak competitiveness; there are no major products to bring
high economic values, etc.
The industrial development orientation of the
city in the coming time will focus on exploiting potentials, strengths and
mobilizing all resources to develop many fields, of which focus on developing
industries and small industries, encouraging investment in new technologies and
techniques for key traditional industries of the city such as garment,
mechanics, agro-food processing, etc. At the same time, all the industrial
zones and industrial clusters will be encouraged to develop clean and
high-value-added and high-tech industries.
Hoa Binh Province currently has over 870 hectares of tea plantations, with six districts having concentrated tea production areas that boast advantages in soil, climate, history, and distinctive tea varieties: Yen Thuy, Lac Thuy, Da Bac, Mai Chau, Tan Lac, and Luong Son.
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