(HBO) – Hoa Binh has seen positive changes in investment attraction and implementation of investment projects, which contributed to provincial socio-economic development. However, many difficulties and obstacles still remain, with many projects delayed. Specifically, as many as 284 investment projects have been behind schedule, of which 211 projects are implementing land procedures (98 projects are being delayed). Most of those projects have encountered problems in the process of compensation and site clearance.

 


The project to upgrade provincial road 435 is one of the key investment projects funded by the state budget that is prioritized for implementation.

In order to speed up the implementation of projects, the provincial People's Committee has directed the promulgation of regulations on procedures related to investment projects funded by non-state capital as a basis for State management agencies to unify the steps of implementation. Regulations on coordination among departments, agencies, People's Committees of districts and cities and investors are also issued for the implementation of projects using land acquired through transferring or leasing land use rights or capital contribution by land use rights in the province. The province continues to review and promptly handle overdue projects.

 

The province also strengthens inspection and supervision of administrative work, especially in simplifying administrative procedures, promoting IT application, providing online public services, to create the best possible conditions for people and businesses. At the same time, Yen Bai strives to well implement preferential policies for businesses to support them in restoring and expanding production and business activities amid the COVID-19 pandemic.

In order to promote infrastructure investment, thus creating a driving force for socio-economic development and developing regional linkages, the provincial People's Committee has instructed giving priority in capital allocation to large projects and completing the assignment of annual capital plans at the beginning of the year so that projects can be promptly implemented. The province also accelerates the disbursement of public investment capital to promote production and business, create jobs for local people, and ensure social security.

In particular, in order to implement effectively and on schedule projects using capital inside and outside the state budget, the standing board of the provincial Party Committee has required administrations at all levels and agencies to focus on planning work, especially land use planning, in the 2021-2025 period, while continuing to selectively attract investment projects, and at the same time terminating projects that are behind schedule or not implemented./.

 

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