Strengthening policies to attract investment projects in particularly difficult areas

(Baonghean.vn) -After 2 days of monitoring the implementation of the Investment Law in the extremely difficult areas of Que Phong and Quy Hop districts, this morning, March 13, the National Assembly Ethnic Council Delegation led by Comrade Danh Ut - Vice Chairman of the Council worked with the Provincial People's Committee. Comrade Le Xuan Dai - Member of the Provincial Party Committee, Vice Chairman of the Provincial People's Committee and representatives of leaders of a number of relevant departments and branches worked with the Delegation.

The report on the results of attracting investment in localities with particularly difficult socio-economic conditions after the promulgation of the Investment Law 2005 in the province shows that: The promulgation of the Investment Law has created a legal framework for State management agencies as well as enterprises with investment projects to perform the function of managing and implementing projects in the locality, contributing to the economic restructuring, improving the socio-economic life of ethnic minority areas and areas with particularly difficult socio-economic conditions. In addition to the regulations of the Government and ministries, Nghe An also issued decisions on a number of preferential policies and investment support in the locality.

Comrade Danh Ut - Vice Chairman of the National Assembly's Ethnic Council spoke

Since the Investment Law was enacted, businesses investing in extremely disadvantaged areas have registered and invested 55 projects with a total capital of more than VND 12,935 billion. Businesses invited for funding, in addition to accelerating production and business progress, also participate in investing in infrastructure serving the community such as schools, medical stations, radio stations, housing for poor households, etc., contributing to improving people's lives.

However, after the Investment Law was issued, the situation of attracting investment in difficult areas is still inadequate: Most projects have slow progress, the ratio of implemented capital compared to registered capital is still low, the structure of investment fields of projects is still unreasonable, the use of labor is not much, the investment efficiency of projects is not high...

Comrade Le Xuan Dai spoke at the meeting.

At the working session, on behalf of the working delegation, comrade Danh Ut - Vice Chairman of the Council highly appreciated the spirit of receiving, propagating and disseminating the Investment Law of the province; the Party committees and authorities at all levels have paid attention, issued decisions and directives to enhance the effectiveness and efficiency of the Investment Law, paid attention to directing investment attraction in especially difficult areas... Districts in difficult areas have integrated effective programs... However, in the process of implementing the Investment Law, the number of projects, structure in investment fields, project scale... are still inadequate. The province needs to pay more attention to removing difficulties for enterprises, have many preferential policies and mechanisms to attract investment projects in especially difficult areas, thereby contributing to improving the socio-economic life of this area, contributing to effectively bringing the Investment Law into life./.

News and photos: Huu Nghia