(HBO) – As a growth driving force of Hoa Binh province, Ky Son district has made breakthroughs in investment attraction. Many projects have been and will be implemented, opening up opportunities to promote local socio-economic development.
The international-standard Hoa Binh – Geleximco 36-hole golf
course is a highlight in investment attraction of Ky Son district.
There are two industrial parks, namely Mong Hoa
and Yen Quang, approved by the Prime Minister in the district at present. That
has helped Ky Son become an attractive destination for domestic and foreign
investors.
More than 100 projects with total registered
capital of 28.67 trillion VND (1.2 billion USD) have been invested in Ky Son so
far. They focus on industry, tourism, trade-services, petrol business, building
material production and business, and aquaculture.
Notably, they include an animal feed factory of
the foreign-invested JAPFA COMFEED Vietnam Co. Ltd and the Bao Tho
International Hoa Binh eco-resort site co-invested by a foreign-invested
business and a Vietnamese company.
The projects scatter across the district but
concentrate along Hoa Lac – Hoa Binh Road and National Highway 6.
In recent years, the number of businesses
investing in Ky Son district has increased considerably with many major
projects such as the Hoa Binh – Geleximco golf course in Dan Ha commune, Ky Son
township and Trung Minh commune of Hoa Binh city; the Hoa Binh Xanh high-end
eco-residential area project in Phuc Tien commune; the Bao Tho International
Hoa Binh eco-resort site in Dan Ha commune; and the An Viet – Hoa Binh golf
course in Phuc Tien and Mong Hoa communes.
Among investors, the Phu Hung Khang Development
Co. Ltd, a subsidiary of the Phu My Hung Development Co. Ltd that is known for
the Phu My Hung residential project in Ho Chi Minh City, has invested in an
eco-residential area project in Phu Minh and Hop Thanh communes. This project
will build the Dam Bai Lake vicinity into a functional area associated with preservation
of natural resources and traditional culture. Later, an entertainment centre
and a residential area for about 20,000 people will be developed./.
Maximizing local potential and advantages, Yen Tri commune in Yen Thuy district is actively promoting the cultivation of medicinal herbs and turning medicinal herbs into One Commune - One Product (OCOP) products.
Situated at the gateway to the Northwest, Hoa Binh province has a population of over 900,000, including about 540,000 of working age. It is home to 6,000 businesses and production facilities, providing employment for over 100,000 workers. The remaining workforce is engaged in informal jobs, works in enterprises outside the province, or contributes to agro-forestry-fisheries. Additionally, around 3,000 workers are employed abroad.
The Hoa Binh provincial People's Committee has issued Decision No. 2767/QD-UBND announcing the rankings of departments, agencies, districts and Hoa Binh city in the Public Administration Reform Index (PAR) and the Satisfaction Index of Public Administration Services (SIPAS) in 2024.
The cultivation of Dam Xanh fish (Bangana lemassoni), a unique fish species, has seen remarkable growth in Mai Chau district, thanks to its high economic value and effectiveness. Initially concentrated in Van Mai commune, farming has now extended to four other communes, namely Mai Hich, Mai Ha, Chieng Chau, and Son Thuy. These areas benefit from pristine underground water flowing from mountain crevices, providing ideal conditions for raising this specialty fish.
In 2024, the total state budget revenue of Hoa Binh Province is estimated at approximately VND 6,930 billion, achieving 183% of the Government’s target, 126% of the target assigned by the Provincial People's Council, and 145% compared to the same period last year.
In 2024, Hoa Binh province has shown signs of improvement in attracting investment and developing enterprises.
