87% of investment projects in Nghe An are implemented after licensing.

Pearl DNUM_ABZADZCABJ 11:16

(Baonghean.vn) - The above figures are statistics of licensed projects in 2018. That demonstrates the efforts of the government, people at all levels and investors in putting works and projects into operation soon.

Hai Chau II Confectionery Factory in Hoang Mai Industrial Park completed procedures and construction within 10 months. Em-Tech Vinh Factory in VSIP Industrial Park completed construction within 6 months and is now operational.

That progress demonstrates the efforts of all levels of the industry, the consensus of the people and investors in all stages from completing related administrative procedures, site clearance, infrastructure construction and project works.

Deputy Prime Minister Vuong Dinh Hue visits the confectionery production line of Hai Chau II Confectionery Factory. Photo: Van Truong.

Previously, at the 2018 Spring Meeting with Investors, Nghe An granted Decisions approving investment policies/Investment Certificates to 9 projects and signed 16 investment agreements.

Up to now, 9/9 projects are being implemented on schedule; 3/16 agreements have been granted investment policy approval decisions after signing; 9/16 agreements are in the process of reviewing investment policy approval; 4/16 agreements, investors are studying to prepare investment project dossiers.

The chart shows the projects implemented after registration in Nghe An. Engineering: Ton Duc

Some major projects newly granted in 2018 are actively being implemented, such as: Masan Beer and Beverage Factory Project in Area B - Nam Cam Industrial Park (1,661 billion VND); Trung Do Construction Materials Production Complex in Nghi Van Commune, Nghi Loc District (1,025 billion VND); Biomass Fuel Vietnam Biomass Pellet Factory in VSIP Industrial Park (20 million USD); Nghe An Pharmaceutical Factory (315 billion VND),...

At the Spring Meeting with Investors in Ky Hoi 2019, which took place in February, Comrade Thai Thanh Quy - Alternate Member of the Party Central Committee, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee affirmed: Nghe An continues to develop and complete the essential infrastructure system in a synchronous and most convenient manner for investors. The province is committed to directing the completion of site clearance urgently, promptly handing over clean land and sites to investors to implement projects. At the same time, resolutely handle and recover investment projects that are slow to progress, ineffective, economically wasteful, causing public outrage.

Pearl