(HBO) – In the recent past, Luong Son district has obtained a number of major achievements in investment attraction and socio-economic development. The number of investment projects in the district is accounting for more than 20 percent of the total in Hoa Binh province. Notably, foreign direct investment (FDI) projects here make up nearly half of those in the whole province. Many large and potential investors have put their trust in Luong Son.
The
Lvory villas & resort project in Lam Son commune features many high-end and
unique villas and resorts that are in harmony with nature.
Capitalising
on its advantages, including staying adjacent to Hanoi and being traversed by
many arterial roads, Luong Son has proactively considered and proposed special
mechanisms and policies to competent agencies so as to create an open and
transparent environment for investors to seek investment opportunities and
carry out production and business activities. Many urban infrastructure and
housing projects have been carried out, helping give a facelift to the
district.
The
majority of industrial projects operate in construction material, apparel, and
electronic component manufacturing. The Luong Son Industrial Park has been
fully occupied, providing jobs for more than 15,000 people, raising the export
value, and considerably contributing to the State budget. Meanwhile, the Nam
Luong Son and Nhuan Trach industrial parks have been working hard to attract
investors and develop technical infrastructure.
Many industrial
clusters have also been planned in the district such as the one covering 74.5ha
in Rut hamlet of Tan Vinh commune, and the 70ha Hoa Son industrial cluster.
So far,
Luong Son has attracted 198 investment projects, comprising 24 FDI ones with
registered capital totalling 307,018 USD and 174 domestic projects worth almost
23.26 trillion VND (1 billion USD). Numerous large investors have come to pour
trillions of VND into projects here, including the Hoang Long Hoa Binh cement
factory worth 4.98 trillion VND in Cao Duong commune.
Despite
impacts of the COVID-19 pandemic, the district has attracted seven projects
with registered capital of 224.28 billion VND so far this year. The enhancement
of investment attraction has helped many communes with low starting points
become role models in restructuring the economy, improving the material and
spiritual life for people, and upgrading infrastructure.
Chairman of
the district People’s Committee Nguyen Van Danh said Luong Son views boosting
investment attraction as a focal task for the time ahead. It prioritises
businesses with modern technology and those investing in industry, high-tech
farming, infrastructure of industrial parks and clusters, and tourism services.
To attract
more investment, authorities will step up administrative reforms, create the
best possible administrative procedures for investors, and promote site
clearance and resettlement in the areas covered by investment projects. In
addition, they will pay due attention to digital transformation, smart city
building, and supply online public services at Level 3 and 4, thereby obtaining
higher satisfaction from people and enterprises, he added./.
Hoa Binh province scored 43.5493 points in the 2023 Provincial Governance and Public Administration Performance Index (PAPI), ranking 20th out of the 63 provinces and cities nationwide, up 23 places compared to the 2022 list.
Export turnover in March of Hoa Binh province is estimated at 160.596 million USD, up 0.65% compared to the previous month; accumulated in the first quarter of 2024 reached 477,568 million USD, an increase of 36.39% over the same period, reaching 23.88% of the yearly plan.
More than 1.3 trillion VND (52.26 million USD) had been collected to the state budget in January, accounting for 153% of the amount recorded in the same time last year, statistics from the provincial People’s Committee showed.
With a rise in number and improvement in production and business efficiency, companies, cooperatives, and business households in Lac Son commune have made important contributions to the transformation of economic structure and economic growth of the locality, creating jobs, joining hands in dealing with social issues, and helping increase State budget collection of the district.
Kim Boi district of Hoa Binh province has identified the movement to encourage farmers to emulate in production and business, unite to help each other get rich and reduce poverty sustainably as one of the three key emulation movements, according to Chairman of the district Farmers' Association Nguyen Manh Hung.
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