Recently, Associate Professor, Dr. Nguyen Hong Son - Deputy Head of the Central Economic Commission, had an interview with Nghe An Newspaper about the new points of Resolution No. 39-NQ/TW on the construction and development of Nghe An province issued by the Politburo on July 18, 2023.
Among the many new points analyzed by Associate Professor, Dr. Nguyen Hong Son, there is one point, which is also one of the important solutions that he believes will help Nghe An province develop in the coming period. That is: "The issuance of Resolution No. 39-NQ/TW by the Politburo is an important basis for building a development plan for the province, in accordance with the development plan of the region and the whole country. That will help open up new development space, unify new development space for the development of the province, helping to maximize potentials and advantages, and help attract all resources for development." To clarify this new point, he suggested: "We all know that if we have good planning, we will have good projects. And if we have good projects, we will have good investors...".
Pondering the idea that “if we have good projects, we will have good investors” in the entire suggestive sentence of Associate Professor, Dr. Nguyen Hong Son, we can understand that one of the reasons why Nghe An province has not developed as expected in recent years, despite its efforts, is because there are not many good projects, and not many good investors!
Going back in time, in Nghe An, for a long time after Tet, Spring came, a Conference was held to meet investors. Regarding the organization of this Conference, true to the declaration of "rolling out the red carpet to welcome investors", it was very solemn, very exciting, just like a big festival. Looking back at the whole province, it can be seen that not only in the Southeast Economic Zone, but also in central urban areas such as Vinh city, Cua Lo town, Thai Hoa town, to districts along National Highway 1, National Highway 48, and National Highway 7, everywhere there are projects of all sizes, and of course, everywhere there are investors. But to be honest, there are not many good projects, and of course there are not many good investors!
In the central areas such as Vinh city and Cua Lo town, there are many new urban construction investment projects. If anyone has ever read the descriptions of the investors of these projects, they will find them very emotional, because they open up livable spaces in the future, creating more perfect landscapes for the urban areas where the projects are located. However, most of the urban projects have not been like that. They even leave consequences for customers buying land and houses, for society and for the government and related functional agencies. With evidence, the Minh Khang Hotel Complex, Supermarket, Pharmaceutical and Medical Supplies Business and Housing project in Nghi Phu commune, Vinh city is a "typical example". After many inspections and investigations, the investor was arrested and temporarily detained pending trial on charges of defrauding customers; Meanwhile, that project, once expected to be a highlight in the North of Vinh city, is currently a mixed residential area with poor infrastructure.
Looking back up to the midland and mountainous districts, where there is a huge asset, more than hundreds of thousands of hectares of unforested forestry land. Before 2018, this huge asset had investors implementing projects with the main goal of planting raw material forests. It must be recognized that if hundreds of thousands of hectares of unforested forestry land were implemented according to the commitment to plant raw material forests, after a period of time, there would be a significant contribution to the provincial budget. But in fact, up to now, more than enough time has passed to prove that these projects are not effective. Some projects have been revoked because to be effective, they must be done for real, that is, planting raw material forests, but in reality, there is very little area of unforested forestry land that has been planned and assigned to investors to plant forests!
Regarding the field of tourism economic development, there is a project in the semi-mountainous area of Thanh Chuong district, but since its "birth", it has been famous nationwide. That is the Cau Cau mixed-use tourism and resort project, invested by the Transport Construction Corporation 4 - JSC (Cienco4). The reason why it is "famous nationwide" is because in 2017, the Tea Island area in Thanh An and Thanh Thinh communes, where the project was planned, was likened to a Ha Long Bay on land. In addition, with a total project investment of 1,532 billion VND in 2017 and for a tourism investment project, it is very large. But what about the results? The project was divided into 5 investment phases by Cienco4, ending the final phase in October 2022; yet up to this point, the investor has not invested in any construction items!
Also developing the tourism economy, in the Cua Lo sea area, there is Lan Chau island, once praised as the Pearl Island. Because of the rare beauty of the sea, sky and mountains, King Bao Dai had the Nghinh Phong pavilion built so that when he toured Nghe An, he would stop by to enjoy the scenery. Then, also following the path of "attracting investment", Lan Chau island became a part of the so-called Lan Chau - Song Ngu Eco-tourism Complex Project, resort villas, sports, entertainment, invested by Song Ngu Son Joint Stock Company. And sadly, instead of respecting the natural landscape, the project investor has rudely built a series of works, causing many areas on the island and the rocks around the island to be concreted. Of course, the investor's organization of construction like that is against the planning, and in the end, the authorities "blew the whistle", organized inspections, and clarified...
Returning to the idea of “if we have good projects, we will have good investors…”, it is necessary to see the suggestion of the Deputy Head of the Central Economic Commission – Associate Professor, Dr. Nguyen Hong Son as a reminder. When “there are good projects”, many investors will be attracted to register to implement. Among those many investors, in simple terms, there will be both sticky rice and loin. How to separate the loin and choose the sticky rice is not a simple problem. And this, will need to return to the story of the manager.
The old folk saying “if you want to be a phoenix, you have to dance; if you want to be a dragon, you have to pay homage” seems to be quite relevant to the experience of choosing a good investor. Because a large, talented enterprise in the field of investment in construction of traffic works, may not necessarily be able to carry out a large-scale tourism project. Or a successful investor in the field of pharmaceuticals and medical supplies, may not necessarily be able to successfully organize the investment in a large, livable, perfect urban space…
In short, choosing a good investor to implement a good project is a very important matter. To do so, depends on the heart and vision of the competent managers!
