Lac Thuy district supports enterprises to implement investment projects

7/4/2018 - 3:23:35 PM

(HBO) - With the outstanding advantages of geographical conditions, cultural natural resources, Lac Thuy district is planned as the economic force area of the province. Many investors have been interested in research and implementation of large scale projects. Taking this opportunity, Lac Thuy district has coordinated with functional departments to remove difficulties and obstacles for investors to implement projects and ensure the planned progress.

The whole district has 45 investment projects with the registered capital of approximately VND 13,930 billion. The District People's Committee regularly grasps and removes difficulties to support investors to implement the projects. Large-scale investment projects in the area are in the process of infrastructure construction, procedures for land acquisition, site clearance, basically ensuring the planned progress.

The project of Xuan Thien lime and light industry plant was implemented by Xuan Thien Hoa Binh Limited Company in Yen Bong commune, with an investment of over 8,000 billion VND, the total area of the project is 162 hectares.

Hoa Binh Hi-tech Environment joint Stock Company put the project of waste treatment plant in Dong Tam commune (Lac Thuy) in operation.

Huong Binh cable car project in Phu Lao commune of Thai Binh Duong Group Company has the total investment of 676 billion VND, total length of 2.8 km, and total land area of 21.88 hectares, of which 13.22 hectares belong to the province’s area. In addition, the People's Committee of Lac Thuy concentrated to support enterprises and investors to accelerate the progress of some key projects such as the project of the spiritual resort of Phu Lao commune of Pacific Hoa Binh One –Member Limited Company, with the investment of VND 3,123 billion; the investment project for the construction of a high – level complex of cultural, recreational and entertainment areas in association with aquaculture in Dong Tam commune of TH Tourist joint Stock Company with the investment capital of VND 600 billion; the project of waste treatment plant in Dong Tam Commune has been put into operation, etc.

In the first quarter, the total capital of the credit institutions was estimated at 40,128 billion VND

In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.

Lac Son - attractive destination for investors

Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.

Hoa Binh accelerating disbursement of ODA, foreign concessional loans

In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.

The man who promotes Kim Boi district’s fruit brand

Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.

Q1 disbursement of public investment funds reach 15% of yearly plan

The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.

Hoa Binh works hard to boost farm exports

Hoa Binh province has mobilised all resources to propel local agricultural products to make inroads into foreign markets, towards lifting the export turnover of key agricultural products to 137.8 million USD by 2030, accounting for 3.4% of the locality’s total export value of goods. The locality aims to export farm produce to the US, the European Union, the UK, China, Japan, and the Republic of Korea.