Determining that attracting investment is an important task in the socio-economic development, in recent years, Hoa Binh province has implemented many specific solutions to improve the environment of the business investment and supported in overcoming the difficulties for the businesses and investors, promoting the investment attraction into the province.

In 2023, there were 37 off-budget capital projects approved by the province with a total registered investment capital of about 12,600 billion VND. At the same time, there were 30 projects whose investment policies were adjusted; 10 projects were terminated and 5 projects were temporarily suspended.

Being accumulated by the end of 2023, there were 708 projects in the province, including 37 projects with the foreign direct investment with a total registered capital of about 668 million USD and 671 projects with the domestic investment with a registered capital of about 668 million USD. 250,000 billion VND; There were 5 new projects investing in the industrial parks.

The projects put into operation have not only created jobs for the local employees but they have also contributed to the economic restructure, making important contributions to the province's budget revenue. In 2023, the revenue from production and business activities of the enterprises in the industrial parks was estimated to reach 22,000 billion VND, increasing 6% compared to the same period last year, reaching 100% of the assigned plan; creating new jobs for 1,760 people.


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