Attracting FDI capital: Efforts to create miracles

From the beginning of 2023 until now, foreign investors have "poured capital" into Quang Ninh over 3.11 billion USD, an increase of 42.3% over the same period in 2022. This result has put Quang Ninh in the lead. the whole country in attracting foreign investment (FDI). This is also a record number of FDI attraction for the province ever. This is the result of a process of continuous efforts with innovation and creativity in improving the business investment environment, creating solid trust for the business community, investors, and creating a serving government. .

Attract foreign capital

Comrade Cao Tuong Huy, Member of the Provincial Party Standing Committee, Acting Chairman of the Provincial People's Committee, awarded the investment registration certificate to the representative of Foxconn Group Photo: Hoang Nga

After the investment project of the first liquid crystal display and television manufacturing factory in Dong Mai Industrial Park (Quang Yen Town) in 2019, in June 2023, Foxconn Group - one of the leading electronics manufacturing enterprises Leading companies in the world continue to invest in two projects manufacturing and assembling electronic components, electric chargers, electric vehicle charging controllers, components of information technology products... in Song Khoai Industrial Park (Quang Yen Town) with a total investment of 250 million USD. These two projects have increased the Group's total investment capital in Quang Ninh to over 350 million USD.

Mr. Chau Nghia Van, Deputy General Director in charge of Foxconn Vietnam Group, said: After 16 years of investing in Vietnam, Quang Ninh is the province the Group chooses to implement important production projects. One of the reasons for the Group's decision to invest in additional projects in Quang Ninh is the effective support of the local government. Both of Foxconn's new projects were granted investment certificates in just 12 working hours, from the time investors submitted online applications through the province's Public Service Portal, shortening the processing time to 14 working days. compared to regulations.

In October 2023, Jinko Solar Group - one of the largest solar panel manufacturing enterprises in the world continued to invest in the Jinko Solar Hai Ha Vietnam photovoltaic cell technology complex project at Texhong Hai Ha Industrial Park. (Hai Ha district) with a total investment of 1.5 billion USD. Along with the photovoltaic cell technology project and 2 silicon sheet industry projects in Song Khoai Industrial Park, the Jinko Solar Hai Ha Vietnam photovoltaic cell technology complex project has increased the total investment capital of this group over province to over 2.5 billion USD.

Mr. Tran Kinh Vi, General Director of global operations of Jinko Solar Group, said: With the Jinko Solar PV Vietnam photovoltaic cell technology project, Quang Ninh has become a locality that plays a very important role in the chain. the group's production lines on a global scale. Factories operating in Quang Ninh currently account for about 50% of the group's total overseas production products. The province's effective, substantive and timely support is the decisive factor for the group to continue choosing Quang Ninh as an investment location in the future.

The fact that investors who already have production investment projects in Quang Ninh continue to learn, research and implement new projects is evidence from practice showing their confidence in the province's commitments to co-operate with customers. operating with businesses, as well as affirming its position as one of the localities with the best economic management quality in the country with an open, transparent, and effective investment environment.

Not stopping there, Quang Ninh also attracts a variety of projects from many investors in different countries, such as Hong Kong, Taiwan, Singapore, Sweden, Japan... Typical projects are Project: S - Vietnam project of Competition Team Technology Co., Ltd., Speaker and headphone factory project of Tonly Vietnam Electronic Engineering Co., Ltd., airbag cushion project for car side curtain airbags Autolive Vietnam Co., Ltd.'s cars...

Affirming the quality of management

Impressive results in attracting FDI are the result of a process of change from thinking, awareness to action in investment innovation. Right from the beginning of the 2020-2025 term, the Provincial Party Committee issued Resolution No. 01-NQ/TU (November 16, 2020) on rapid and sustainable development of the processing and manufacturing industry in the 2020-2025 period. , oriented to 2030, this is an important premise for attracting investment.

To recover the economy after the Covid-19 pandemic, Resolution No. 12-NQ/TU (November 28, 2022) of the Provincial Party Committee "On directions and tasks in 2023" clearly defines the goals The goal is to create a breakthrough in attracting investment capital outside the budget, with FDI investment capital reaching over 1 billion USD.

On that basis, the province has focused on directing the removal of difficulties and obstacles regarding site clearance and land; promote reform of administrative procedures; regularly listen, learn and remove investors' bottlenecks; completing the infrastructure of industrial parks... The province is especially interested in the core solution which is to complete the technical infrastructure to ensure synchronization, connectivity, and connection between regions, intra-regions and neighboring areas. At the same time, a special working group was established to remove difficulties and obstacles and effectively support businesses, cooperatives, business households, and investors.

In February 2023, the Prime Minister signed a decision approving Quang Ninh Provincial Planning for the period 2021-2030, with a vision to 2050 - this is the first provincial-level planning in the Red River Delta region to be approved. On that basis, the Deputy Prime Minister issued Decision 1279/QD-TTg promulgating the planning implementation plan. With the orientation to synchronously complete the planning system, build 6 key projects that are meaningful to create breakthroughs for development, priority is given to implementing infrastructure projects that create great spillover effects. Clearly in the plan, Quang Ninh has been further promoting its advantages in attracting investment, especially FDI capital flows.

Mr. Nguyen Van Nhan, General Director of Amata Ha Long Urban Joint Stock Company, said: Quang Ninh province planning for the period 2021-2030, with a vision to 2050 is the premise for making a general planning to build the Quang Ninh coastal economic zone. Yen. Believe that, with advantages in infrastructure, land and natural conditions, Quang Yen coastal economic zone will further promote its advantages in attracting investment, especially attracting FDI.

Mr. Hoang Trung Kien, Head of the Provincial Economic Zone Management Board, emphasized: The province's success in attracting FDI investment does not just stop at the numbers of total investment capital, but more importantly, it is the fields and products. Attracted products and projects are guaranteed to comply with planning and development orientation, contributing to the formation of high-tech industrial chains, mechanical manufacturing, component assembly, electrical and electronic equipment, automobiles, Solar products... This is the "sweet fruit" of innovative thinking, drastic action, and determination of party committees and authorities from provinces to departments, branches, localities and businesses.

Attracting FDI capital with projects with large investment scale, modern technology, and creating new value not only contributes to the province's economic growth results, but also affirms the correctness in determining the province's economic growth. direction of transforming the development method from "brown" to "green", contributing to making Quang Ninh become a dynamic, comprehensive and modern development center.

Cao Quynh