(HBO) – Hoa Binh City, Luong Son district and the northern part of Lac Thuy district have been set as urban, industrial and dynamic zone of Hoa Binh province.
Hoa Binh City’s transportation and urban
infrastructure basically meet development demand.
The provincial Party Committee and People’s
Committee directed effectively performing the Party and State’s policies and
guidelines on planning work, improving planning quality and management in line
with the law, and completing the provincial planning for the 2021-2030 period
with a vision to 2050.
Located in the dynamic zone, Hoa Binh City
considered it a favourable condition for development. Over the past years, the
city has attached importance to improving the efficiency of using, managing and
upholding resources of the economy, especially socio-economic infrastructure.
At present, the dynamic zone is home to almost
local industrial parks (IPs) and industrial park clusterswith 7 IPs, or
87.5 percent, and 10 IP clusters, or over 60 percent of the total in the
province. Luong Son IP and IP on the left bank of Da River have basically
completed technical infrastructure. Four IP clusters have been put into
operation. Among 635 valid projects in the province, Hoa Binh City accounted
for the most with 203 projects, followed by Luong Son with 198 projects and Lac
Thuy 64. As many as 92.5 percent of projects by forest investors are based in
the dynamic zone, mostly in the fields of processing, electronic spare parts,
construction materials, electricity and water production and distribution.
There are service and tourism projects like Phuong Hoang and Hilltop Valley
golf courses, Thang Thien waterfall tourism area, resorts and garden houses.
The urbanisation rates of Hoa Binh City, Luong
Son district and Lac Thuy district hit nearly 78 percent, 45 percent and 25.45
percent, respectively.
The province estimated that the dynamic zone
contributed about 70 percent of the local State budget revenue, over 90 percent
of export revenue and 70 percent of economic scale of the province. The zone
also recorded the highest income per capita and the lowest rate of poor
households. In Hoa Binh City alone, average income per capita reached 75
million VND in 2021 while the rate of poor households was reduced to 0.97
percent./.
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.
