An Viet Hoa Binh JSC, the infrastructure investor of Yen Quang Industrial Park (IP), has held a ceremony to present investment registration licenses to four enterprises. The event was attended by Vice Chairman of the Hoa Binh provincial People’s Committee Quach Tat Liem, along with leaders from various departments, agencies, and local units.
Leaders of the Industrial Park Authority ofHoa
Binh presents investment registration certificates to four companies investing
in Yen Quang Industrial Park.
An Viet Hoa Binh JSC is developing the Yen Quang
IP infrastructure project, covering 180.62 ha with an investment of over 1.6
trillion VND (63.3 million USD). The IP is expected to become an attractive and
trustworthy destination for secondary investors, thereby contributing to the
local budget, creating over 8,000 jobs, and supporting economic restructuring
in the province.
In 2024, the company invested resources in
developing environmentally sustainable infrastructure, including a concentrated
wastewater treatment facility using advaced technology. To date, four secondary
investors have been granted investment registration certificates, and eight
others have signed memoranda of understanding for land leasing.
Speaking at the ceremony, Vice Chairman Quach
Tat Liem recognised that Yen Quang IP possesses many important advantages to
attract investment, harness high-value logistics supply chains, and develop
into a key industrial park.
The park's competitive edges will continue to
grow as Hoa Lac - Hoa Binh Expressway is further expanded. Along with these
opportunities, there are challenges for both the park investor and secondary
investors in Yen Quang IP, he added.
He urged the infrastructure investor of Yen
Quang IP to continue focusing on human resources, materials, and finances to
accelerate the progress of infrastructure development in the next investment
phase, in line with sustainable development goals.
The Vice Chairman pledged cooperation with
businesses. He also requested relevant agencies, units, and localities to
continue their attention, coordination, and support in addressing any obstacles
to ensure the smooth and effective implementation of the Yen Quang IP
project.
No success is easy, especially for a mountainous province like Hoa Binh, which still faces many difficulties. In the process of economic restructuring, the locality encounters various challenges, ranging from weak infrastructure, ineffective investment attraction, to barriers in awareness. However, it has taken effective solutions to overcome obstacles hindering economic development.
A revolution is unfolding in Hoa Binh province, with broad roads stretching across the terrain, industrial zones humming with machinery, organic vegetable fields rolling out in vibrant green expanses, and tourism destinations emerging, rich with cultural identity.
The Youth Union of Hoa Binh city has launched a series of initiatives to foster entrepreneurship, providing members with opportunities to showcase their potential and contribute to local development.
In recent years, the cooperative economy in Hoa Binh province has made significant progress, particularly in the agricultural sector. This development has contributed not only to local economic growth but also to improving livelihoods, promoting rural development, and protecting the environment.
