Secretary Nguyen Dac Vinh: Must not dampen investors' determination

(Baonghean.vn) - Removing investment bottlenecks and not dampening investors' determination to invest is the direction of Provincial Party Secretary Nguyen Dac Vinh at the meeting to evaluate investment attraction in the first 9 months of the year on the afternoon of September 29.

According to the report of the Provincial People's Committee, since the beginning of the year, Nghe An has granted investment certificates to 113 projects with a total registered capital of VND12,644 billion, and adjusted 14 projects with a total adjusted capital increase of VND303 billion. According to the investment area outside the Industrial Park and Economic Zone, there are 98 projects, of which 9 are real estate investment projects; in the Economic Zone and Industrial Park, there are 15 projects; FDI investment has 4 projects. 78 projects have been granted investment certificates basically on schedule. In particular, the Container manufacturing factory of TKV Group (Korea) is slow to implement.

Provincial Party Secretary Nguyen Dac Vinh, Provincial People's Committee Chairman Nguyen Xuan Duong and Vice Chairmen of the Provincial People's Committee and businesses attended the meeting. Photo: Tran Chau

Of the projects that have signed investment cooperation memorandums, 3 are currently being granted investment policies. The report also shows that 12 projects have signed investment agreements but have not yet taken any steps.

Investment promotion work in the past 9 months has been coordinated by the Investment Promotion and Support Center with the Departments and Branches to urge and handle. Every month, the provincial leaders meet and resolve the problems of the projects.

However, up to now, some projects are still being implemented slowly, mainly due to investors. Some slow projects are under the responsibility of related departments and branches.

At the meeting, some investors such as Masan, VSIP, Hemaraj... also commented on the difficulties and problems of the projects.

Chairman of the Provincial People's Committee Nguyen Xuan Duong requested departments, branches and sectors to clarify the reasons for the delayed projects. Photo: Tran Chau

VSIP investor representatives said that site clearance work has not been resolved promptly due to lack of funding, and support for investors in VSIP Nghe An Industrial Park has not been effective.

Mr. Nguyen Trung Hau, General Director of Song Lam Cement Joint Stock Company, said that the site clearance work in Minh Thanh, Yen Thanh and Bai Son communes, Do Luong has not been completed yet, and requested the Provincial People's Committee to direct relevant sectors to promptly carry out land allocation procedures and issue certificates of remaining land use rights of Nghi Thiet grinding station and hoped that Nghe An province would support the group's promotion.

Assessing the investment attraction situation in the past 9 months, Chairman of the Provincial People's Committee Nguyen Xuan Duong said that this year the province has innovated in investment promotion, approved a methodical investment promotion plan, has a Promotion and Support Center and has implemented about 90% of the investment promotion plan.

Overview of the meeting on investment attraction assessment. Photo: Tran Chau

For completed projects, the implementation of projects that have started is slow, only the Do Luong cement factory project, N5 road, Nghi Thiet cement grinding station have been inaugurated. New projects are still quite quiet.

"Some expected projects such as VSIP, Hemaraj, TKV are also delayed. So what is the reason? Is it the investors or the departments, branches, and districts?", the Chairman of the Provincial People's Committee asked.

Representative of Hoang Phat Vissai Group informed that land acquisition and clearance in Minh Thanh, Yen Thanh and Bai Son communes, Do Luong has not been completed yet. Photo: Tran Chau

At the meeting, Provincial Party Secretary Nguyen Dac Vinh said that investment attraction work needs to attach responsibility to each unit and individual. Although investment attraction has achieved many results in the past, the results have not yet met the requirements. Site clearance work is difficult, projects are still holding land, and project recovery is slow and not resolute.

The Secretary said that the sectors need to simultaneously inspect all slow projects. If they are not implemented after 2 years, we will revoke them. Projects that are already in operation still need continued support to operate well. Many projects have bottlenecks that need to be resolved. We must not let them dampen the will of investors.

Hemaraj Group surveys investment in Nghi Loc. Photo: Thu Huyen

Concluding the meeting, Chairman of the Provincial People's Committee Nguyen Xuan Duong said that the implementation of procedures for investors in the area is still slow, some investors are not actively implementing projects. The recommendations and proposals of investors today will be recorded by the Provincial People's Committee and assigned to the relevant departments to thoroughly resolve and respond to investors.

The Provincial People's Committee will increase the effectiveness of inspection teams to inspect the implementation of investment projects and strictly implement the direction of the Provincial Party Secretary. By October 15, projects that have required investment deposits but have not paid will be revoked.

Pearl