Thai Hoa town is about to welcome the largest project ever with a total investment of more than 1,128 billion VND.

Thanh Duy DNUM_BFZACZCACD 16:12

(Baonghean.vn) - The Viet A Steel Structure and Electric Cable Factory Complex Project with a total investment of 1,128.35 billion VND, is currently being compiled by the Department of Planning and Investment to submit to the Provincial People's Committee to report to the Provincial People's Committee Party Committee and submit to the Provincial Party Standing Committee for comments.

This is the information given by the leaders of Thai Hoa town at a recent working session with the provincial delegation led by Deputy Secretary of the Provincial Party Committee Hoang Nghia Hieu.

Deputy Secretary of Nghe An Provincial Party Committee Hoang Nghia Hieu surveyed Nghia My Industrial Cluster, Thai Hoa town on the morning of February 14. Photo: Thanh Duy

The project is invested by Viet A Investment, Trade and Industry Group Joint Stock Company to produce steel structures and steel poles for high-voltage power and transmission projects; lighting poles; telecommunication poles; mechanical products of all kinds; non-standard components; production of all kinds of electric wires and cables... with an output of 10,000 tons/year for electric cables and 20,000 tons/year for mechanical products and all kinds of steel structures.

If approved by Nghe An province, the project will be implemented at Nghia My Industrial Park, Thai Hoa town on an area of ​​about 8.27 hectares, contributing to increasing and contributing to the export product value of Nghe An province, while providing for the infrastructure investment needs and the electricity industry for the North Central region in particular and the whole country in general.

Floor plan of Nghia My Industrial Cluster, Thai Hoa town. Photo: Thanh Duy

When put into operation, the Viet A Steel Structure and Electric Cable Manufacturing Factory Complex is expected to create stable jobs for about 850 local workers and contribute to the State budget.

The investment project is consistent with the goals and targets of industrial development and construction of Thai Hoa town in the period of 2020 - 2025 in the Resolution of the 3rd Congress of Thai Hoa Town Party Committee.

It is known that this is the largest investment attraction project ever in Thai Hoa town; creating a very important driving force and lever in the socio-economic development of the locality.

On July 2, 2021, the Standing Committee of Nghe An Provincial Party Committee issued Resolution No. 02-NQ/TU "On building and developing Thai Hoa town into a central urban area of ​​the Northwest region of Nghe An", which determined the goal of striving to build Thai Hoa into a type III urban area before 2025, and a city directly under the province before 2030.

2022 witnessed a strong breakthrough in attracting investment to Thai Hoa town with 7 investment projects, with a total amount of 1,828 billion VND; of which 6/7 projects have been approved by the Provincial People's Committee for investment policy (1 project is only waiting for a Construction Permit; 4 projects are implementing site clearance compensation and 1 project is preparing a 1/500 scale construction planning dossier).

To achieve the above results, Thai Hoa Town has effectively directed the innovation of working methods in the content of giving opinions on investment policies for projects in the town to ensure quickness and strictness according to the provisions of law; limit the addition of documents, save time and effort for investors; shorten the time to request investment policies to an average of 1.5 months, some projects only need 1 month to have a decision to approve the investment policy.

The town also directly supports investors in preparing investment policy documents and legal procedures according to regulations; accompanies investors to closely follow work progress, and participates with investors in explaining relevant contents and documents when requested by provincial departments, branches and the Provincial People's Committee.

Thanh Duy