(HBO) – Recently, Luong Son district of Hoa Binh province has continued to improve the investment environment, attracting investors to conduct surveys and make investment proposals.
The district has so far attracted 23 foreign direct investment (FDI) projects with total registered capital of over 307 million USD, accounting for 58.9% of the total projects and 49.8% of the registered capital of the province.
In addition, there have been 183 domestic investment projects worth over 31 trillion VND (1.2 billion USD), accounting for 29.2% of the province's projects and 28.8% of its registered capital.
In the first nine months of this year, local authorities gave in-principle approval to two projects with total capital of over 6 trillion VND.
In the reviewed period, the estimated value of industrial and handicraft products of the district reached 73.09% of the 2023 plan, which are valued at about 19.4 trillion VND, up 19.67% over the same period last year.
The district's total export value was estimated to hit 457 million USD, which is equivalent to 62.6% of the year's plan, a year-on-year increase of 15.4%.
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.
