Provincial Party Secretary: Nghe An commits to accompany and continue to be a reliable partner of investors

Provincial Party Secretary Nguyen Dac Vinh speaks at the conference. Photo by Duc Anh

Nghe Newspaper quoted the speech:

...First of all, on behalf of the Party Committee, government and people of Nghe An province, I would like to sincerely thank the leaders, former leaders of the Party, State, Ministries, Central and Nghe An provinces, other provinces and cities, businesses, investors and distinguished delegates for taking the time to attend the 10th Meeting with Investors - Spring Mau Tuat 2018 co-organized by Nghe An province and the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV).

We would like to seriously and fully accept the Prime Minister's direction and incorporate it into the program and action plan to carry out the tasks of socio-economic development and investment attraction of our province. We hope to continue to receive your attention to Nghe An province in the coming time.

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After an active working session, in an open and friendly atmosphere, our Conference ended successfully with the participation of nearly 900 delegates from central agencies, neighboring provinces, embassies, international organizations, business associations, investors, and press agencies. At this Conference, we heard 4 enthusiastic and frank opinions from delegates representing organizations and businesses that have been, are and will be investing in the province.

We are pleased to see that Nghe An province has granted Investment Registration Certificates and Decisions approving investment policies for 9 projects and signed 16 memorandums of understanding on investment cooperation in Nghe An province with a total registered capital of 13,152 billion VND. On the bank side, as the sponsor and focal point for arranging capital for investment projects, BIDV and SHB have granted 3 Credit Provision Agreements with an estimated amount of arranged loan funding of 800 billion VND. It is certain that when these projects come into operation, they will promote growth and budget revenue for the locality, and will be a driving force to attract many other investment projects.

Also at this Conference, we witnessed the signing ceremony of the comprehensive cooperation agreement on socio-economic development between Nghe An province and Lam Dong province for the period of 2018 - 2020 and the following years, on the basis of promoting potentials and strengths, promoting the industrialization and modernization of each locality and actively contributing to the overall socio-economic development of the whole country.

We would like to sincerely thank the leaders of Binh Duong province, Lam Dong province, Thanh Hoa province, Ha Tinh province as well as Ho Chi Minh city - although you are not able to attend today, you still give your support and cooperation for Nghe An's development.

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The issues raised by you at today's Conference are very relevant and practical. On behalf of the leaders of Nghe An province, I would like to sincerely thank and acknowledge all of your dedicated contributions to continue to direct, analyze and draw lessons, so that investment activities in the province become more and more effective, better meeting the requirements of businesses and investors.

In the past year, despite many difficulties and challenges, Nghe An has achieved positive and encouraging results in socio-economic development in general and investment attraction in particular. These results were achieved thanks to the consensus and efforts to overcome difficulties and challenges of the entire political system and people of Nghe An province, the attention of the leaders of the Party, the State and the central ministries, departments and branches. Especially the extremely important and great contributions of the business community and investors.

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We respectfully accept the Prime Minister's directive on setting the goal of doubling the size of the provincial economy by 2025, becoming a well-off province in terms of income, and together with Thanh Hoa and Ha Tinh provinces, becoming a dynamic and developing region.

We also welcome the Prime Minister's comments and instructions in the spirit that the province needs to promote administrative reform, build a dynamic, active, honest, creative government and accompany investors; continue to develop human resources and improve infrastructure to meet investment needs. And especially, how to turn "Song Lam Aspiration" into "Song Lam Miracle".

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Nghe An province still has a lot of potential for investment and development cooperation, especially after the Politburo issued Resolution No. 26 - NQ/TW on the direction and tasks of developing Nghe An province until 2020. The Resolution has opened up solid directions for the socio-economic development of the province. Therefore, through this Conference, I hope that investors and businesses will continue to pay attention to research and introduce to friends and partners to invest in effective projects in Nghe An.

We are committed to accompanying and continuing to be a reliable, long-term partner of investors, and will create the most favorable conditions for investors to come and invest and do business effectively in Nghe An.

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Building on the results achieved at the annual Meeting with Investors, I believe that with the determination and high consensus of local authorities at all levels, the active support from central ministries and branches, the wholehearted contribution of experts and scientists, and the strong response of investors and businesses, Nghe An province will definitely have a bright spot in socio-economic development in general and investment attraction in particular in the coming time.

* Title by Nghe An Newspaper.