Apart from having an exceptional comparative advantage of being the
birth place of the late President Ho Chi Minh, Nghe An also enjoys
favourable transportation since it lies in the centre of the north
central region and the north-south and east-west exchange route; boasts
road, railway, aviation, seaway and inland waterway routes and serves as
a gateway to the East Sea of the central Laos and northeast Thailand
via the Thanh Thuy border gate, he reminded participants.
According to him, Nghe An is also endowed with vast land coverage and
abundant human resources, including more and more intellectuals and
engineers coming home to do business. It has also built eco-friendly
projects and made infrastructure breakthroughs in service of
socio-economic development.
In order to become a well-off locality, he suggested mapping out a
master plan for the sustainable development of industry, agriculture and
infrastructure while boosting connectivity with the south of central
Thanh Hoa province and the north of central Ha Tinh province and
accelerating administrative reform.
At the same time, the province should save and effectively tap natural
resources, pool public involvement in science, education and health care
and attract investment in high added values. Social security and safety
must be ensured, especially in mountainous areas, he directed.
The Vietnamese government is determined to develop the economy which
will not be traded for the living environment, he renewed, adding that
it will also be resolved to build a transparent, constructive,
action-oriented cabinet which will protect people’s rights and their
assets.
The government will endeavour to develop a pro-business environment,
maintain the macro-economy stability and an environment of peace and
friendship, he vowed.
The leader also pledged incentives for investors in the support and
high-tech industries, and tourism, and hoped that Nghe An would take the
lead in such fields and continue changing its mindset for robust
socio-economic development.
Chairman of the provincial People’s Committee Nguyen Xuan Duong
mentioned nine comprehensive measures to make Nghe An an attractive
business destination in the near future, including simplifying
administrative procedures and cutting the time for granting investment
licenses to three days or even one day, and launching online public
services at level 4 for business registration.
On the occasion, the provincial authorities granted investment licenses
to eight projects and signed 15 memorandums of understanding and
cooperation agreements valued at over 22.62 trillion VND (983.8 billion
USD).
It was the ninth time the Bank for Investment and Development of Vietnam
(BIDV) has sponsored the annual event, which lured hundreds of
enterprises and investors at home and abroad and saw the presence of
former National Assembly Chairman Nguyen Sinh Hung and Deputy Prime
Minister Vuong Dinh Hue.
Over the past nine years, Nghe An has wooed 804 projects worth more than
261 trillion VND (11.34 billion USD) , including 758 ones worth in
excess of 101.29 trillion VND (4.4 billion USD) and 46 foreign-invested
ones with a total registered capital of over 160.43 trillion VND (6.97
billion USD).
This year, the locality targets attracting over 100 projects worth 30-35
trillion VND (1.3-1.5 billion USD) and generating jobs for 13,000 –
15,000 workers.
PM asks investors to devise long-term strategies in Nghe An
Businesses to the central province of Nghe An would
devise long-term and effective strategies, Prime Minister Nguyen Xuan
Phuc said at a local meeting with investors on February 19.
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