(HBO) - Hoa Binh province will have 21 industrial clusters with a total area of 866,605 hectares under an approved planning scheme. Currently, 16 out of the 21 industrial clusters have been approved by the Provincial People's Committee to set up, covering 683 hectares, with total funding of over 4.86 trillion VND.
Tien Tien Industrial Cluster (Quang Tien commune, Hoa Binh city) is
accelerating construction of technical infrastructure to lure investments.
The combined investment in infrastructure development at the industrial clusters
reached 187 billion VND last year, raising the accumulative amount to date to
about 600 billion VND.
According to the provincial Department of Industry and Trade, there are
currently 34 secondary production and business projects at the industrial clusters
worth some 3.11 trillion VND.
Statistics showed that last year, these clusters generated some 1.7 trillion
VND in industrial production value, and created jobs for 1,300 labourers.
Pham Van Bao, Head of the Industrial Management Division at the provincial
Department of Industry and Trade, pointed to roadblocks in site clearance,
compensation and resettlement.
However, he said, remarkable outcomes have been achieved, as reflected in the
increasing number of secondary projects at the industrial clusters, and
improvements in investment attraction.
To lure more investment projects, especially at the industrial clusters, it is
a must to step up the communications work and review planning schemes of the
industrial clusters in order to make timely adjustments and supplements, the
official continued.
Bao also emphasised the need to better manage the industrial parks to
facilitate investment in infrastructure, production and business, and suggested
mobilising all resources for infrastructure development at the industrial
clusters, with priorities given to environmental pollution handling, and the
communications work./.
Appreciating the abundant potential and strengths of his hometown for tourism development, Ha Cong Hung, Deputy Secretary of the youth union of Mai Chau district’s Mai Hich commune, embarked on producing smoked meat with a desire to introduce his homeland's specialty to domestic and international tourists.
Hoa Binh farmers are investing big in their chilli pepper cultivation areas after the first batch of 7.5 tonnes of pickled chilli peppers was shipped to the Republic of Korea (RoK) by Tien Ngan Trade and Investment Co., Ltd last month.
Recognising the role and importance of developing the collective economy, the northern province of Hoa Binh has promptly issued support policies to propel the development of the economy, making important contributions to local socio-economic development.
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
