Nghe An attracts nearly 22,000 billion VND in investment in the first 9 months of the year

Thanh Duy• DNUM_CHZAJZCACB 09:59

(Baonghean.vn) - Despite the impact of the Covid-19 pandemic, Nghe An's investment attraction results in the first 9 months of the year had many bright spots. Compared to the same period in 2020, the number of investment projects in Nghe An increased by 30.5%, the total investment increased by 4.97 times.

The above information was announced by the Party Committee of Nghe An Provincial People's Committee on the morning of September 27 at the regular September 2021 meeting of the Provincial Party Standing Committee.

Comrade Thai Thanh Quy - Member of the Party Central Committee, Secretary of the Provincial Party Committee, Head of the National Assembly Delegation, Chairman of the Provincial People's Council chaired the meeting. Also attending were comrades: Nguyen Van Thong - Standing Deputy Secretary of the Provincial Party Committee; Nguyen Duc Trung - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee; representatives of the Central Organizing Committee, members of the Provincial Party Committee Standing Committee and a number of relevant departments and branches.

Overview of the regular September meeting of the Standing Committee of Nghe An Provincial Party Committee. Photo: Thanh Duy

As of September 20, 2021, Nghe An has newly granted 77 projects and adjusted 102 projects; the total newly granted and increased investment capital is more than 21,950 billion VND; compared to the same period in 2020, the number of projects increased by 30.5%, the total investment increased by 4.97 times.

Some large-scale projects were newly licensed such as Everwin Electronic Components Factory in VSIP Nghe An Industrial Park (200 million USD), Hoang Mai Industrial Park 1 (750 billion VND), Project of manufacturing factory for electronic products, network equipment and multimedia audio products - Goertek 2 (35 million USD equivalent to 805 billion VND), adjusting the expansion of phase 2 of WHA Industrial Park by 354.5 hectares...

In the coming time, Nghe An will continue to direct and focus on supporting investors to speed up the progress of key projects such as VSIP, WHA, Hoang Mai I; support businesses in carrying out procedures to approve investment policies for Tho Loc Industrial Park, Hoang Mai 2 Industrial Park projects...; closely direct the implementation of procedures for land allocation, land lease, compensation support, and site clearance.

As of September 5, 2021, site clearance for projects in the Economic Zone and Industrial Parks has achieved good results. Of which, the VSIP Nghe An Urban and Service Industrial Park project has completed compensation for site clearance of 549.11 hectares (87.18%); WHA Industrial Park Project Phase 1: the area of land cleared and leased to the Company for project implementation is 142.12 hectares/143.49 hectares, reaching 99.4%.

For the WHA Industrial Park project phase two of 354.5 hectares, the project cadastral map extraction has been basically completed. The Hoang Mai I Industrial Park project has also completed site clearance of 2,368,786.5 m2; issued a decision to lease land in 3 phases with a leased area of 2,308,789.3 m2.

In the first 9 months of 2021, Nghe An province had 1,321 newly established enterprises, equal to 99.16% over the same period, with a total registered capital of more than 13,523 billion VND; 597 enterprises registered to resume operations, an increase of 138 enterprises over the same period in 2020. All levels and sectors proactively grasp the difficulties and problems of enterprises in the area to promptly consider and satisfactorily resolve them for enterprises.

Overview of VSIP Nghe An Industrial Park. Photo: Thanh Cuong

To achieve the above positive investment attraction results, in the first 9 months of the year, despite being affected by the Covid-19 epidemic, Nghe An has proactively carried out foreign affairs and investment promotion activities in accordance with the situation and developments of the epidemic.

The province has focused on directing the development and completion of mechanisms and policies to improve the investment environment such as: submitting to the Provincial People's Council for approval the Resolution on preferential policies and investment support in Nghe An province (Resolution No. 05/2021/NQ-HDND dated May 13, 2021); developing projects and policies on investment attraction; adjusting and supplementing land price lists in industrial parks in Hoang Mai town, Dien Chau, Hung Nguyen, Nghi Loc districts; successfully organizing an online conference to promote investment with Taiwanese enterprises in Nghe An province in May 2021;...