(HBO) – Mr Bui Van Tinh, member of the Party Central Committee and Secretary of the provincial Party Committee, had a working session with a delegation from the Vietnam-Singapore Industrial Park (VSIP) Group, led by Group Chairman for the North Huynh Quang Hai, on March 27.
Mr Bui Van Tinh, member of the Party
Central Committee and Secretary of the provincial Party Committee welcomes the
VSIP Group.
The VSIP is a joint venture between the Vietnam’s Becamex IDC Corporation
and a Singaporean consortium led by Sembcorp. As one of the leading developers
of integrated industrial parks and mixed-use areas in Vietnam, the VSIP
has effectively run seven industrial parks in strategic areas, with 900
operating plants and 23,000 labourers. Over the past years, it has contributed
largely to the State budget and developed local socio-economy. VSIP’s comprehensive and modern industrial infrastructure has
pleased secondary investors.
Seeing that
industrial zones in Hoa Binh province fit VSIP’s investment strategy, Mr Huynh Quang Hai
expressed his hope that the local authority will create favourable conditions
for the VSIP to conduct surveys and carry out investment in the province.
Mr Bùi Van Tinh, for his part, informed the guest of the local socio-economy, industrial
infrastructure development as well as the province’s potential and priority
projects, wishing that VSIP will become a strategic investor, helping the
province accelerate sustainable economic structural shift. He committed to creating favourable conditions for the VSIP to carry out studies
before landing investment in the province.
Both sides agreed to do surveys at Nhuan Trach industrial park in Luong Son
district and Yen Quang industrial park in Ky Son district, which are billed as
key areas in the province’s industrial development plan.
Earlier, the VSIP delegation made a fact-finding tour to Nhuan Trach industrial
park.
With a focus on maintaining a close contact with the people, local authorities at all levels of Hoa Binh have implemented a range of measures to ensure security and order in ethnic minority-inhabited areas, improving their legal awareness, combating crime and social vices, and contributing to maintaining political stability and social order, while promoting socio-economic development in these areas.
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