(HBO) - The urbanisation rate of Hoa Binh province has reached 28.69 percent so far, surpassing the target set at the Party Congress of the 2015-20 tenure. To further realise targets of the resolution at the 17th Congress for the 2020-2025 tenure, with a vision to 2025, the rate is expected to hit 38 percent.
Infrastructure in Hoa Binh city has been upgraded with
a view to turning it into a second-tier city.
The provincial Department of Construction has put
forth some tasks on the realisation of the province’s urbanisation rate by
2025, including a provincial urban development programme for the 2020-25, with
a vision to 2035 based on a planning of Hoa Binh province to 2050.
It also aims to upgrade Hoa Binh city, Luong Son
district, Mai Chau and Man Duc towns, among others.
Accordingly, the province needs to complete planning
for Hoa Binh city and districts to 2050 and the amendment of a joint plan on
the building of expanded urban areas stated in Resolution No.830. In the near
future, Hoa Binh city is due to set up new wards and carry out plans for
existing wards.
Other tasks include reviewing key investment in
technical infrastructure criteria and mobilising resources to upgrade the aforementioned
localities by 2025.
A number of solutions will be launched in a concerted
manner, focusing on urban planning quality, investment promotions, property
development, mechanism and policies, among others.
Local authorities also prioritise investment in urban
investment and arrange auctions on land use rights in a bid to raise fund for
urban development and transform agricultural land.
Relevant agencies have been asked to choose capable
units in devising quality plan for sustainable urban development, thereby
attracting investment to the sphere as well as the property market, and more./.
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.