Almost filling the industrial park area in Nghe An, Thai investor requests to develop an additional 250 hectares

On the morning of October 15, under the chairmanship of comrades: Le Ngoc Hoa - Vice Chairman of the Provincial People's Committee; Nguyen Ba Hao - Deputy Director of the Department of Information and Communications, the Provincial People's Committee held a press conference on the socio-economic situation in the third quarter of 2019. Photo: Thu Giang

In response to concerns from some journalists about the reality of many projects attracting foreign investment, Vice Chairman of the Provincial People's Committee Le Ngoc Hoa expressed his opinion that in attracting investment, one cannot be hasty, but must look to the future.

"There are trees that can be harvested in just 2 months, and there are trees that take 5-10 years, but once the first harvest is done, the next season will be continuous, making up for the previous 5 years of care," the Vice Chairman of the Provincial People's Committee likened.

Nghe An also does not attract investment at all costs, but determines to attract investment by mobilizing resources to build a synchronous infrastructure system and good industrial park infrastructure.

Overview of Hemaraj project. Photo: Viet Phuong

Reaffirming the above viewpoint, the Vice Chairman of the Provincial People's Committee cited: "Thai and other foreign investors have registered almost all 148 hectares of Hemaraj Industrial Park, they are asking for permission to implement the second phase of phase 1 of 250 hectares. From now until the end of the year, the province will try to direct 3 projects in VSIP Industrial Park to come into operation. I believe they will create a stable source of income for us."

Vice Chairman of the Provincial People's Committee Le Ngoc Hoa delivered a concluding speech at the press conference. Photo: Thu Giang

Previously, the representative of the Department of Planning and Investment summarized the socio-economic situation of Nghe An in the first 9 months of 2019. However, it is forecasted that for the entire 2015-2020 term, Nghe An is currently facing the risk of having 3 difficult-to-achieve targets for the term. These are the GRDP target, the budget revenue for the entire term and the average income per capita.

GRDP from 2016 - 2018 only reached 8%, of which the target for the term is 9-10%. Budget revenue in 2019 is estimated at 15,100 - 15,500 billion VND/target is 25,000 - 30,000 billion VND by 2020. The average income target in 2020 is 70 million VND/person, but in 2018 it only reached 38 million VND/person, estimated to reach only over 40 million VND/person in 2019.

Representatives of press agencies, provincial departments and branches attended the press conference. Photo: Thu Giang

At the press conference, many issues close to real life were also mentioned by press agencies and assigned to departments, branches and sectors to directly explain and clarify, including: prevention and control of African swine fever, control of school revenues, tax debt collection solutions, management of high-rise apartments, etc.

Concluding the press conference, the provincial leaders expressed their hope that news agencies and the press would continue to accompany Nghe An to promptly reflect issues occurring in the area, always being an effective bridge between the government and the people.

Japanese businessmen explore investment in VSIP Nghe An Industrial Park. Photo courtesy of Thanh Le