(HBO) – Hoa Binh is implementing Project 4 of the national target programme for socio-economic development in ethnic minority-inhabited and mountainous areas, targeting the investment in essential infrastructure for production and livelihoods. In the 2022 – 2023 period, the northern province has allocated 484.155 billion VND (19.69 million USD) for the work, of which the development investment fund amounts to 455.366 billion VND.
The allocated funding has been used to give financial aid to
various infrastructure projects, including 89 cultural houses and community
centres, 218 roads, 12 markets, 150 renovation projects for cultural houses and
community centres, seven irrigation constructions, and five healthcare
facilities.
As of September 30, 149.41 billion VND or 32.5% of the
development investment fund had been disbursed.
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.
