(HBO) – The Standing Board of the Hoa Binh provincial Party Committee on October 23 had a working session with a delegation from Japan-based Meiko Group on the construction of an electronic circuit plant at the Da River Left Bank Industrial Park in Hoa Binh City.
Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee, members of the Standing Board of the provincial Party Committee, and leaders from competent departments and branches have a working session with Meiko Group.
Meiko Group will rent a total 9.2 hectares of land and infrastructure of Da Hop JSC to build the 200-million-USD plant.
The group stands out as one of the world’s top corporations that produce and assemble printed circuit boards (PCB) and provide electronics manufacturing service (EMS), with five factories in Japan, two in China, and many representative offices and subsidiaries worldwide.
In Vietnam, it has landed some 500 million USD in the construction of three electronic circuit manufacturing and PCB factories, creating jobs for more than 7,000 workers and contributing around 30 million USD annually to the state budget.
A Meiko representative recommended the province support the group with investment procedures and adjustment of project planning and investment scale, while securing stable power supply and providing other necessary conditions so that the construction of the plant can begin in March 2024.
At the working session, Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee, and members of the Standing Board of the provincial Party Committee, committed to accompanying the group and creating the best conditions for it and many other firms to invest in the province.
He ordered relevant departments and branches to focus on helping the investor complete procedures to carry out the project in line with schedule.
The management board of the local industrial parks should join hands with departments and sectors to handle the planning issue; ensure stable power, clean water and rational sewage system for Meiko; and remove bottlenecks during the construction process in a timely fashion, striving to kickstart the plant construction in March 2024.
Long also asked Meiko to set up a working group which will work with local authorities to carry out the project.
Maximizing local potential and advantages, Yen Tri commune in Yen Thuy district is actively promoting the cultivation of medicinal herbs and turning medicinal herbs into One Commune - One Product (OCOP) products.
Situated at the gateway to the Northwest, Hoa Binh province has a population of over 900,000, including about 540,000 of working age. It is home to 6,000 businesses and production facilities, providing employment for over 100,000 workers. The remaining workforce is engaged in informal jobs, works in enterprises outside the province, or contributes to agro-forestry-fisheries. Additionally, around 3,000 workers are employed abroad.
The Hoa Binh provincial People's Committee has issued Decision No. 2767/QD-UBND announcing the rankings of departments, agencies, districts and Hoa Binh city in the Public Administration Reform Index (PAR) and the Satisfaction Index of Public Administration Services (SIPAS) in 2024.
The cultivation of Dam Xanh fish (Bangana lemassoni), a unique fish species, has seen remarkable growth in Mai Chau district, thanks to its high economic value and effectiveness. Initially concentrated in Van Mai commune, farming has now extended to four other communes, namely Mai Hich, Mai Ha, Chieng Chau, and Son Thuy. These areas benefit from pristine underground water flowing from mountain crevices, providing ideal conditions for raising this specialty fish.
In 2024, the total state budget revenue of Hoa Binh Province is estimated at approximately VND 6,930 billion, achieving 183% of the Government’s target, 126% of the target assigned by the Provincial People's Council, and 145% compared to the same period last year.
In 2024, Hoa Binh province has shown signs of improvement in attracting investment and developing enterprises.
