Nghe An strives to attract 20,000 billion VND in investment for projects.

Pearl January 18, 2020 14:47

(Baonghean.vn) - In 2020, Nghe An province aims to attract approximately 100 projects with a registered capital of 15,000 - 20,000 billion VND, including FDI of about 3,000 - 5,000 billion VND. This is expected to create 10,000 - 12,000 new jobs. Nghe An has proposed seven solutions to achieve this goal.

According to Nghe An's investment growth plan, in 2020, the province aims to achieve a total social investment capital of approximately 84,000 - 85,000 billion VND.

Regarding investment attraction, the goal for 2020 is to attract approximately 100 projects with registered capital ranging from 15,000 to 20,000 billion VND, of which FDI capital will be around 3,000 to 5,000 billion VND.

Comrade Le Ngoc Hoa - Vice Chairman of the Provincial People's Committee, said: Nghe An has implemented many solutions: Firstly, consolidating and perfecting the investment promotion apparatus and putting it into effective operation. Successfully organizing conferences such as: "Meeting with Investors in the Spring of the Year of the Rat 2020" and specialized investment promotion conferences chaired by Nghe An province, in coordination with commercial banks, domestic and foreign investors and partners, and sponsors.

Secondly, we will cooperate with industrial park infrastructure investors in the area, such as VSIP Nghe An Industrial, Urban and Service Park, WHA Industrial Zone 1, and Hoang Mai 1 Industrial Park, in promoting investment opportunities in these industrial parks...

WHA Industrial Zone 1 in Nghe An is currently undergoing land leveling. Photo: Tran Chau

Thirdly, provide guidance and support, creating favorable conditions for the early operation of the Public Administrative Service Center, ensuring its stable and effective functioning to meet the set requirements. Improve the public service ethics of officials and civil servants; increase the rate of timely processing of applications at agencies and units; strengthen regular inspections of the receipt, processing, and resolution of administrative procedures at state management agencies in the investment sector. Resolutely handle, replace, and transfer officials and civil servants who are sluggish, cause difficulties, or fail to meet requirements.

Fourth, implement the assessment of the competitiveness index of departments, agencies, and localities (DDCI) of Nghe An province from 2020. Review and amend regulations on the procedures for investment in Nghe An province in case the amended Law on Investment and the Law on Enterprises are passed...

Fifth, direct and supervise the implementation and resolution of difficulties and obstacles for investors' projects, especially key projects. Focus on resolving issues in documentation, procedures, and land clearance for key projects.

Many factories in Nghe An's industrial zones are operating efficiently. (Photo: Archival image)

Sixth, continue to prioritize the allocation of investment capital to build infrastructure systems for socio-economic development. Initially, focus resources on selecting and investing in essential infrastructure in the Southeast Economic Zone and concentrated industrial parks, with an investment approach geared towards attracting investment. Maximize the utilization of resources for infrastructure development, especially non-state budget capital; and encourage investors to develop industrial park infrastructure.

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Nghe An strives to attract 20,000 billion VND in investment for projects.
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