Yen Thanh: Creating the most favorable conditions for investors

(Baonghean) - Comrade Nguyen Tien Loi - Provincial Party Committee member, Chairman of Yen Thanh District People's Committee answered an interview with Nghe An Newspaper.

PV:Mr. Chairman, could you please tell us about the potential advantages of the district to promote and attract good investment into the area?

Processing export goods at Dung Thuy Company Limited, Son Thanh Commune, Yen Thanh District.

Comrade Nguyen Tien Loi:Yen Thanh is located in the North of Nghe An province, 60 km south of Vinh City and Vinh Airport; 12 km east of National Highway 1A; 9 km east of Sy Station (railway station), 40 km southeast of Cua Lo Port. Yen Thanh is a land of scholars (typically, there are families with 3 successive generations of feudal scholars; now every year, more than 2,000 students pass the university entrance exam, there are many professors and doctors in various fields). Regarding the advantage of attracting spiritual tourism pilgrimages, the area has 198 historical and cultural relics (including 21 national relics, 26 provincial relics); there is Bao Nham church with unique architecture made of stone slabs from centuries ago; it is the hometown of revolutionary predecessor Phan Dang Luu. In terms of nature, Yen Thanh has an area of ​​54,829 hectares; in which agriculture is mainly developed on 22,817 hectares and forestry on 20,788 hectares. As a district with the highest level of rice cultivation and productivity in Nghe An province, in recent years Yen Thanh has formed a number of fruit growing areas such as oranges, pineapples, and sugarcane.

Yen Thanh also has many minerals such as construction stone, clay mines, in addition to rare minerals such as gold, iron, barites... to develop the mining and processing industry; 252 dams and lakes associated with the closed-canopy forest system are advantages in attracting eco-tourism. Yen Thanh has abundant labor resources; the labor force aged 15 and over is 100,000 people, an average of 5,000 people are added to the labor force each year; the labor force is 10,300 people working abroad, the rest are domestic labor in the regions; the rate of trained labor is 45%; this is the human resource for projects using labor in and outside the district.

The local socio-economic infrastructure is being gradually improved towards industrialization and modernization of agriculture and rural areas; industrial clusters have been gradually formed; transportation is convenient and basically asphalted and concreted; electricity and water are convenient for daily life and production.

PV:Could you tell us about the results of attracting investment to the area in recent times and what mechanisms and policies are in place to really attract investors?

Comrade Nguyen Tien Loi:In recent times, Yen Thanh has attracted 2 100% foreign-invested enterprises. They are Globe Farm Company (Korea) growing bananas for export in Vien Thanh commune on 200 hectares, employing 300 workers, with an investment capital of 3 million USD and MLB TENERGY Co., Ltd. (Japan) manufacturing garments for export, renting 1.5 hectares of land in the town's industrial cluster, employing 500 workers, with an investment capital of 3 million USD. Yen Thanh is signing a memorandum of understanding with 2 Japanese investors to invest in 2 high-end garment and wood processing factories in the town's industrial cluster. Currently, there are 6 large domestic enterprises renting land for investment, including the cassava starch processing factory of the Vietnam Engine & Agricultural Machinery Company in Cong Thanh A Industrial Cluster, with an area of ​​7 hectares, 200 workers, and an investment capital of 4 million USD; TH Milk Group leases forest land to grow medicinal plants in Lang Thanh, Ma Thanh, Tan Thanh, Kim Thanh communes with an area of ​​over 1,000 hectares, with an investment capital of 10 million USD; BMC Company (under the Ministry of Industry and Trade) leases 15 hectares of land to produce construction tunnel bricks in Son Thanh commune, creating jobs for 250 workers, with an investment capital of 7 million USD; Tay Nghe Yen Thanh Joint Stock Company builds a tunnel brick factory in Cua Nuong - Dong Thanh industrial cluster, 10 hectares, employing 150 workers, with an investment capital of 1.5 million USD; Thu Duc Gas Distribution Joint Stock Company processes wood pellets for export and Vietnam - Laos Construction & Service Joint Stock Company leases 500 hectares of forest land. In addition, there are more than 10 companies in the district operating in the fields of bio-fertilizer production and mineral exploitation and small-scale industrial and craft villages in many communes.

Regarding the mechanism and investment attraction policy, in addition to the current general mechanism of Nghe An province which is very open, the leaders of Yen Thanh district committed to ensuring favorable conditions for investors. That is, coordinating with investors to carry out procedures for granting investment certificates, land lease procedures to submit to competent authorities for approval; site clearance, handing over clean land to investors; coordinating with investors to recruit workers, provide initial basic vocational training, then transfer to investors for advanced training; building infrastructure: electricity, traffic, clean water, drainage... to the foot of the project and ensuring security and order for investors to operate.

The district has always identified investment attraction as a breakthrough direction to strongly shift the economic structure towards industrialization, attract investment capital for the homeland, and create jobs for thousands of workers. Yen Thanh has recently focused and paid special attention to promoting its potential advantages, calling for investors from other provinces to invest. The district has soon done well in planning, investing in infrastructure construction, vocational training for workers, building solutions to ensure security and order; promoting investment through conferences to meet and introduce investment opportunities with businesses inside and outside the locality; fulfilling commitments to investors when they decide to invest in Yen Thanh, thus creating trust for investors. With the available potentials, advantages, and determination of the district leaders and departments and branches in the area, Yen Thanh will be the leading reliable address for investors.

PV:It is known that Yen Thanh has recently planned a number of industrial clusters to attract investment and shift the economic structure towards industry and services. Could you please elaborate on this issue?

Comrade Nguyen Tien Loi:The district has planned and invested in infrastructure for a number of industrial clusters to facilitate investors and is calling for investment in these industrial clusters, such as the Town Industrial Cluster (in Yen Thanh Town, area of ​​20 hectares), which is an industrial cluster that enjoys the Government's investment mechanism, attracting clean technology production projects such as garment export, electronic assembly; automobile and motorbike repair...; Cua Nuong Industrial Cluster - Dong Thanh Commune (area of ​​25 hectares) aims to attract projects for the production of construction materials and forest product processing. Currently, there are enterprises exploiting and producing construction materials such as: boulders, 4x6 stones, 1x2 stones, 0.5 stones, brick and tile production; The Industrial Cluster in Son Thanh Commune, area of ​​30 hectares, located next to Provincial Road 534, is planned to arrange factories for the production of tunnel brick construction materials; Trang Ke Industrial Cluster - My Thanh Commune (area 20 hectares) attracts industrial investment projects, agricultural processing; Cong Thanh A and Cong Thanh B Industrial Cluster, location: in Van Tu urban planning area - Cong Thanh Commune, area 45 hectares, attracts industrial production, service and agricultural processing projects.

Yen Thanh is also calling for investment in the Ru Gam Eco-Spiritual Tourism Project in the primeval forest located in Xuan Thanh commune, 1.5 km from Yen Thanh town; scale of 110 hectares, construction of 51 items, including 2 Truc Lam Yen Thanh Zen Monasteries. Currently, the district has established and completed the master plan, detailed plan, established infrastructure investment projects and management regulations for industrial clusters and industrial points in the district for the period 2011-2015, submitted to competent authorities for approval, thereby effectively implementing the state management of directing the development of industrial clusters.

PV:Thank you, comrade!

Chau Lan(perform)