(HBO) - Owning a beautiful natural landscape, a rich cultural identity, and a source of mineral water considered "white gold", Kim Boi district has favourable conditions for the development of different types of tourism, services, and other fields The district is coordinating with relevant agencies to remove difficulties for investment projects in the area to fully exploit potential and advantages for development.

 


Bo town (Kim Boi District).

According to a report from Kim Boi District People's Committee, the district has 57 non-State Budget investment projects winning in-principle approval.Of which, 27 projects have been approved by the Provincial People's Committee with a total registered capital of 2.7 trillion VND (118 million USD).

Of 28 projects approved by the district, seven are in operation with a total registered capital of 53.9 billion VND and three involve in infrastructure construction projects with 27.9 billion VND.

The reason for the slow progress of the projects is mainly due to the lack of close coordination between the investors and the local authorities, leading to many difficulties in site clearance.

Some obstacles relating to projects haven’t been solved which lengthen their implementation and upset local residents.

The limited financial capacity of the investor was also an issue leading to the fact that some projects had to be transferred or changed their investors, extended the project implementation, and slowed the processing of documents and procedures of state management agencies.

Bui Van Diep, Chairman of the district People's Committee said the district authorities were strengthening coordination with relevant departments, agencies, and units to promote administrative reform, remove difficulties in site clearance, and provide maximum support for businesses and investors who are capable of implementing projects in the fields of tourism, services and agriculture in line with the set plan.

The district has submitted to the Provincial People's Committee a plan to reclaim land for the cultivation of the fruit tree project in Vinh Tien commune after its investment certificate had been revoked. It has also directed relevant units to withdraw the investment certificate or policy if the projects failed to meet financial requirements or affect the environment as reported by locals./.


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