(HBO) – In order to promote industrial growth, the Party Committee and People’s Committee of Hoa Binh has focused on directing the development of industrial parks (IP) and industrial clusters to provide ground for investors, contributing to improving production capacity and speed up socio-economic expansion of the locality.

Bui Van Khanh, Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee, as well as leaders of some departments and agencies visit the production model of Hai Hien wood and bamboo company in Mong Hoa IP in Hoa Binh city.

Hoa Binh is home to eight IPs that have been approved by the PM and provincial People’s Committee, with a total area of over 1,500 hectares. The province has completed the planning of 20 industrial clusters with total areas of more than 800 hectares.

In the 2016-2020 period, the province completed a number of necessary works in five IPs of Da River’s left bank, Yen Quang, Mong Hoa IPs in Hoa Binh city, and Luong Son and Lac Thinh IPs in Yen Thuy district.

As of the end of 2020, local IPs had lured 99 projects, including 26 foreign-invested projects worth 518 million USD. Of the total, 60 projects have been put in operation, creating jobs for about 20,000 labourers.

According to the provincial Department of Industry and Trade, 15 out of 20 industrial clusters have been approved with total area of about 626 hectares. The province has approved the spending of over 4.1 trillion VND on investment for the construction of the industrial clusters’ technical infrastructure. Quach Tat Liem, Vice Chairman of the provincial People’s Committee asked localities to review IP and industrial cluster’s planning, thus dealing with projects that are lagged behind the schedule.

The Management Board of provincial IPs proposed that departments, sectors and the People’s Committees of districts and city to continue creating favourable conditions for the investment of infrastructure system for industrial development, while coordinating with investors of IP’s infrastructure projects to conduct ground clearance in an effective manner.


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