(HBO) - According to the Provincial Industrial Zones Authority, the province's industrial parks have attracted 88 investment projects. In which, there are 24 foreign direct investment projects with registered capital of USD 565.98 million and 64 domestic investment projects with registered capital of over VND 7,044 billion. Currently, 50 projects have gone into production and business activities.
In which, there are 24 foreign direct investment projects with
registered capital of USD 565.98 million and 64 domestic investment projects
with registered capital of over VND 7,044 billion. Currently, 50 projects have
gone into production and business activities.
In April 2019, the production and business results of enterprises in
industrial zones were quite favorable. Revenue is estimated at 45 million USD
(accumulated from the beginning of the year is 181.81 million USD) and 100
billion VND (accumulated from the beginning of the year is 369.55 billion VND).
Export value reached 43 million USD (accumulated from the beginning of the year
is 170.02 million USD.
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.