Hoa Binh province houses 595 valid investment projects

4/6/2021 - 10:04:14 AM

(HBO) - Hoa Binh has taken drastic measures to accelerate public administrative reforms, improve its business climate and withdraw licences of delayed projects in order to lure more investment to the province.

JAENEUNG Trade and Service Co., Ltd. in Thong Nhat ward, Hoa Binh city, maintains stable production and provide jobs for a large number of local workers.

The province is now home to 595 investment projects, including 41 FDI projects, worth a total of 587.6 million USD and 554 domestic projects, worth 87.5 trillion VND. Among them, there are more than 350 industrial production projects, of them 138 were put into operation.

In February, the province granted license to a domestic project with an investment of 14.5 billion VND and authorized two others to add investment.

By the end of February, 49 businesses had been licensed to establish or set up new branches in Hoa Binh, with combined registered capital of 807.5 billion VND. Twenty-two firms suspended operations while 12 others dissolved./.

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