Quynh Luu creates favorable conditions in the field of investment attraction

Attending the conference were Dr. Le Xuan Sang - Deputy Director of the Vietnam Economic Institute; Mr. Hoang Vinh Truong - Deputy Director of the Nghe An Investment, Trade and Tourism Promotion Center and leaders of Quynh Luu district, along with businesses, investors and children in the district.

Delegates attending the conference met to express gratitude to businesses, investors, and children far from home. Photo: Thu Huong

Quynh Luu is located in the Northeast of Nghe An province with a relatively large area of ​​nearly 435 km2.², with a large population of 312,000 people; diverse terrain, relatively synchronous transportation system. These are favorable conditions for rapid and sustainable development, ensuring social security, constantly improving the material and spiritual life of the people.

Comrade Hoang Van Bo - Deputy Secretary of the District Party Committee, Chairman of the People's Committee of Quynh Luu district spoke at the meeting. Photo: Thu Huong.

Speaking at the conference, Comrade Hoang Van Bo - Deputy Secretary of the District Party Committee, Chairman of the People's Committee of Quynh Luu District said: In recent years, the district has continuously reformed administration, improved the investment environment, increased the application of information technology in the operations of state agencies, maintained the effectiveness of the Public Administration Service Department, improved the quality of administrative procedure reform, and created favorable conditions for enterprises to invest in production and business in the area. Thanks to that, in recent years, many projects have been invested in the district, contributing to promoting local socio-economic development.

Representative of Hoa Loi Group shares the investment process in the field of footwear export. Photo: Thu Huong

Since 2010, the district has attracted 192 projects with a total registered investment capital of VND 14,715 billion; of which the industrial sector has 84 projects with a registered capital of VND 13,594 billion; the commercial sector has 77 projects with a capital of VND 593 billion and the agricultural sector has 31 projects with a registered capital of VND 528 billion.

Many enterprises and investors are effectively implementing many projects in Quynh Luu such as: Tan Thang Cement Joint Stock Company, Duc Tai Company Limited, Vietnam Algae Science and Technology Joint Stock Company, Minh An General Hospital, Viet Uc Company Limited... many large projects using high technology have come into operation, creating jobs for workers, making important contributions to the economic and social development of the locality.

Spirulina production in Quynh Luu area. Photo: TL

Although many results have been achieved, there are still problems that have not met investors' expectations such as: site clearance is still facing many difficulties, investment procedures are still taking a long time to process, access is still limited...

Therefore, in the coming time, Quynh Luu district is determined to innovate to create an open and favorable business environment for businesses and investors operating in the area. In which, resources are focused on the development of economic and social infrastructure, especially a synchronous and conveniently connected transport system. Focus on completing the construction of key routes: North-South Expressway, Nghi Son - Cua Lo coastal road, Road and bridge from National Highway 48B to Quynh Nghia, National Highway 1A bypass route through the communes of Quynh Hau, Quynh Hong, Quynh Giang, Quynh Dien. The district strives to attract about 10-12 projects in 2023; of which 1-2 projects invest in industrial clusters; creating jobs for about 2,000 - 3,000 workers.

Quynh Luu district center. Photo: TL

The conference also received many opinions and contributions from delegates so that Quynh Luu can have good solutions, support and companionship from investors and businesses in the coming time.