(HBO) – Vice Secretary of the Hoa Binh provincial Party Committee and Chairman of the provincial People’s Committee Nguyen Van Quang has made a fact-finding tour of the An Thinh Hoa Binh Land joint Stock Company and some businesses investing in the Luong Son Industrial Park.
Visiting the An Thinh Hoa Binh Land JSC on March 2, Chairman Quang
recognised the firm’s achievements in infrastructure investment and business,
attraction of secondary investors, and social welfare activities, which have
contributed to the change of the province’s economic structure.
The Luong Son Industrial Park has been equipped with synchronous
infrastructure, thus attracting 29 investment projects, including 13 FDI
projects worth around 232 million USD and 16 domestic ones with registered
capital of over 2.7 trillion VND (118.8 million USD).

Chairman of the provincial People’s Committee Nguyen Van Quang
visits Esquel Vietnam garment company.
Investment projects in the Luong Son Industrial Park have been
implemented as scheduled and operated effectively, creating new industrial
products in the fields of telecom equipment, garment, mechanics, car spare
parts, aluminum, glass, and building materials, thereby helping with the
sustainable shift of local economic structure.
In 2017, most of the projects in the park fulfilled and surpassed
their production and business plans, resulting in a sharp rise in revenue and
export value compared to the previous year. These projects have provided jobs
for more than 12,000 workers whose average per capita income is 4.7 million VND
each month. Many businesses have had profitable projects such as Esquel
Vietnam, HNT Vina, and Doosung tech.
Some enterprises have also shown their interest in investing in
the Luong Son Industrial Park since the beginning of 2018.
Chairman Quang asked the An Thinh Hoa Binh Land JSC, relevant
agencies and local authorities to step up investment promotion, support
existing projects, provide the most practical assistance for businesses and
investors to carry out their projects in the Luong Son Industrial Park, and
attract more investment in other industrial parks.
He told them to address the shortage of workers’ housing, attract
labourers to investment projects, improve the supply of electricity for
production and business activities, simultaneously develop economy and protect
the environment, and better care for workers.

Chairman of the provincial People’s Committee Nguyen Van Quang visits
Transon Vietnam company, a Republic of Korean manufacturer of electronic
components in the Luong Son Industrial Park.
On this occasion, the provincial leader also visited the executive
board and workers of Esquel Vietnam garment company and Transon Vietnam company
– a Republic of Korean assembler of electronic components which employs 1,200
workers. Meanwhile, Esquel Vietnam is providing jobs for 4,000 people with
average monthly per capita income of 5 million – 6 million VND. It plans to
expand production activities and recruit an additional of 700 workers in
2018./.
The Standing Board of the Hoa Binh provincial Party Committee met on March 18 to review and guide major investment projects aimed at boosting local socio-economic development.
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