(HBO) – According to statistics from the Provincial People’s Committee, local industrial zones are home to 102 approved investment projects.

In
recent times, Antona joint-stock Company (Luong Son Industrial Zone) has maintained
stable production, providing employment for many local workers.
Among them, there are 27
foreign direct investment projects with total registered capital at 527.4
million USD and 75 domestic projects with registered investments worth 11,059.5
billion VND. In 2021, the COVID-19 pandemic left a devastating impact on
production. However, the businesses actively made adjustments with flexible
scenarios, maintaining stable production. Accordingly, the turnover from
production and trading activities of the enterprises set to reach 15,800
billion VND, an increase of 0.51% in comparison to last year.
With the aim of intensifying investment promotion, the Provincial
People’s Committee has lately directed the mobilization of all resources,
prioritizing off-budget investment, socializing development investment, and completing infrastructure systems in industrial zones and complexes.
The objective by the year 2050 is to increase the occupancy rate in
well-established industrial zones to over 80% while the total area of
industrial zones and complexes accounts for approximately 1% of the province’s
natural land area.
In Lac Thuy district, communes have been succeeded in promoting their One Commune-One Product (OCOP) products while others are still struggling to position their typical farming products in market. Some communes in the district still fail to have their products met OCOP programme’s requirements, while others have seen their certifications expired.
The inspectorate agency of Hoa Binh province has issued Official Dispatch No. 1090/TTr-PCTN to provincial departments, agencies, localities, business associations, enterprises, and investors regarding measures to improve informal component indexes of the Provincial Competitiveness Index (PCI).
Hoa Binh is taking concrete steps to improve its investment environment, with a strong focus on supporting businesses, settling obstacles for strategic investors, and creating opportunities for robust development in the coming years.
Under the blazing early summer sun, the construction site of Nhuan Trach Industrial Park (IP) in Luong Son district is abuzz with activities from dawn to dusk, a testament to the determination of the investor to meet their construction targets on schedule.