(HBO) – Hoa Binh province's Management Board of Industrial Parks (IPs) recently held a gathering to mark its 15th founding anniversary (June 7, 2007 - 2022). The event was attended by Vice Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Van Khanh, Vice Chairman of the provincial People’s Council Vo Ngoc Kien, Vice Chairman of the provincial People’s Committee Quach Tat Liem, along with representatives of the Ministry of Planning and Investment and businesses based in local IPs.
At the gathering, many collectives, individuals, and enterprises based in local
IPs receive commendations from the Ministry of Planning and Investment and the
provincial People’s Committee.
Bui Van Khanh, Vice
Secretary of the provincial Party Committee and Chairman of the provincial
People’s Committee, presents certificates of merit to enterprises with
outstanding production and business achievements.
Over the 15 years of development, the management
board’s apparatus has been completed and its personnel quality has been
improved, thus better fulfilling political tasks and managing local IPs.
In 2021, industrial production revenue and value
recorded by businesses in the local IPs were 13.9 percent and 11.2 percent
higher than the set targets; export turnover reached 690 million USD, up 7.8
percent from 2020 and 11.2 percent from the target; 250 billion VND (10.8
million USD) was contributed to the State budget, up 25 percent year on year
and meeting target.
At present, the IPs in Hoa Binh are home to 104
projects, including 26 foreign direct investment (FDI) projects worth 514.78
million USD and 78 domestic direct investment ones with total capital of over
13.57 trillion VND.
IP-based businesses are playing an increasing
role in helping the province realise socio-economic targets. Their export
revenue accounts for 56 percent while industrial production value made up 44.36
percent of the province’s total figures.
Officials from the Ministry of Planning and Investment present certificates of
merits and insigniasto collectives and individuals of the Hoa Binh IP
Management Board.
Addressing the gathering, Bui Van Khanh, Vice
Secretary of the provincial Party Committee and Chairman of the provincial
People’s Committee, congratulated the management board on its achievements but
also pointed out that IPs’ contributions to the local growth and budget remain
modest.
He asked the management board to exert stronger
efforts to better advise the provincial administration about IP development and
management, coordinate with departments, sectors, and localities to improve the
business climate, assist investors to complete IP infrastructure, foster
investment, and boost sustainable industrial development, thereby helping
successfully carry out the resolution of the 17th provincial Party Congress./.
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.
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