(HBO) – Local residents living along provincial Road 435 (Binh Thanh - Thung Nai - Ngoi Hoa, Tan Lac district) have agreed to facilitate land clearance in service of the road construction.
Bui Thi Hanh’s family in Ne
hamlet, Ngoi Hoa commune hands over land to the authority.
Road 435 has nearly 9 km running through Mu, Ne, Buong, Ngoi and
Liem hamlets in Ngoi Hoa commune. About 200 local households have to relocate their
assets and crops due to the construction. The land clearance work has basically
been completed, even ahead of the schedule set by the Chairman of the
provincial People’s Committee, under which at least half of the site in Tan Lac
district must be cleared by the end of September 2018. Although local residents
have yet to get compensation, they have handed over space to the project’s
investor and constructor.
Ngoi Hoa has well performed the communication work to encourage
officials, Party members and residents to support and abide by policies and
guidelines of the province, and move their assets, crops and houses in order to
create favourable conditions for the constructor to implement the project.
Apart from publicising compensation methods, commune authorities have also
followed measurement regulations in land clearance. Ngoi Hoa decided to ratify
the compensation estimate at about 16 billion VND.
The project on upgrading Road 435 was approved by the provincial
People’s Committee under Decision No. 1644/QD-UBND dated August 30, 2017, with
a total investment capital of 756 billion VND through Government bonds during
the 2016-2020 period. Of the sum, the province’s capital is 56 billion VND.
A total 21.18km of the road have been upgraded under Level-3
standards which are set for mountainous areas with a designed speed of 60km/h.
It starts from the Binh Thanh intersection to Thung Nai in Cao Phong district,
and ends in Liem hamlet, Ngoi Hoa commune, Tan Lac district. The project has
received 630 billion VND, of which 150 billion VND in 2017.
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
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.
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.
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.
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.
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.
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