Investment News


Continue to score points in the eyes of investors

02/12/2023

Continue to score points in the eyes of investors

 

 

Quang Ninh's goal by 2030 is to become one of the dynamic and comprehensive development centers; is an international tourism center, marine economic center, gateway to the Northern Key Economic Region and the whole country... To realize this goal, Quang Ninh continues to attach importance to mobilizing investment resources. invest outside the budget and implement many solutions to turn this resource into an important development driving force for the province.

Quang Quang Ninh province coordinated with Hokkaido province to organize the Quang Ninh - Japan Investment Promotion Conference in 2023 with the theme "Contributing to the sustainable development of Vietnam - Japan".

 

Accordingly, the province sets a target of total social investment capital by 2025 reaching over 117,000 billion VND, with an average increase of over 10%/year in the period 2021-2025. On this basis, the province prioritizes calling and attracting investment and is ready to create the most favorable conditions for investors in industries and fields where the province has outstanding competitive advantages, unique potential, is tourism and modern integrated services; processing industry, manufacturing, supporting industries, high-tech industries, smart technology; marine economy, logistics, seaports and seaport services; ecological agriculture. Along with that are industry groups promoting green economy such as clean energy, renewable energy, gas power, wind power; developing digital government, digital economy, digital society, innovation center...

In order to convince large and strategic investors from countries around the world, the province also pledges to make every effort to create favorable conditions for investors and businesses to invest and do business. and live closely with Quang Ninh. According to comrade Nguyen Xuan Ky, Secretary of the Provincial Party Committee, Chairman of the Provincial People's Council: With the motto that the success of businesses is also the success of the province, Quang Ninh commits to continue to create favorable and open conditions for investors. Investing, businesses accompany, contribute and share successes.

Mr. Ozawa Kenichi, General Director of Tamagawa Vietnam project, said: We highly appreciate the potential, advantages and business investment environment in Quang Ninh. Therefore, we decided to invest in the project in Amata City Ha Long Industrial Park. Sensor manufacturing project to supply automobile production with a scale of 14.49 million products/year, total investment capital of 832.6 billion VND. Here, we will develop technology and sell technology, create jobs for local workers and promote socio-economic development. In just a short time, with the companionship, support and side by side of departments, branches and localities, we are happy that the project has been awarded an investment certificate. In the future, we commit to continue prioritizing technological innovation, accompanying local development, and long-term cooperation with Quang Ninh province. We hope to continue to receive support from Quang Ninh province and other departments, branches and localities for Tamagawa in particular and Japanese businesses in general. This will also be an important foundation for the implementation of Tamagawa's projects in Quang Ninh and Vietnam.

Officials of Mong Cai Border Gate Customs Branch support businesses in carrying out customs clearance procedures. Photo: Phuong Thanh (Monong Cai Customs Department)

In 2023, the province has developed a proactive, focused and focused investment promotion plan; Attract selective investment, prioritize projects with high technology, environmentally friendly, high investment capital, large contribution to the budget... At the same time, actively promote administrative reform and improve the environment. business investment market, improving provincial competitiveness to create breakthroughs in attracting investment capital. Especially resolutely eliminate unreasonable barriers and unofficial costs; Firmly grasp the situation and proactively solve difficulties for businesses. At the same time, continue to promote digital transformation in the field of land management and use; Urgently complete the land information system and database; Ensuring centralized and unified management, operation, connection and information sharing. The province also performed well the work of site clearance, preparing clean land funds and production grounds ready to attract investment projects to develop processing and manufacturing industries. Regularly review and evaluate the current status of each industrial park and economic zone in the province in terms of planning, management, land use, investment projects, environment, labor, social infrastructure, ensure security and order, socio-economic efficiency... to overcome limitations, remove difficulties, satisfy investors and resolutely withdraw projects that are behind schedule and have violations. , causing waste of land... according to the provisions of law.

To create sustainable trust, Quang Ninh commits to further empower the investor and business community to "measure" and evaluate objectively and independently through feedback channels, surveys, Survey the essence of administrative reform, improve the investment and business environment, and the level of trust in the grassroots administrative apparatus. In particular, all levels and sectors from provinces to localities must seriously listen and absorb feedback from businesses to find satisfactory solutions and thereby improve the efficiency of their industry management...

The clearest evidence is that in the 10 months of 2023, the total investment capital attracted in the province is estimated to reach 5 billion USD, of which foreign direct investment attraction reached the highest record ever with total capital Registered investment of nearly 3.11 billion USD, equal to 311% of the resolution target of the Provincial Party Executive Committee and Provincial People's Council (at least 1 billion USD), equal to 259.2% of the plan of the Provincial People's Committee (reached 1. 2 billion USD); Attracting domestic investment capital outside the budget is estimated at 1.9 billion USD, exceeding 17.3% of the plan of the Provincial People's Committee. With the attraction of foreign direct investment reaching over 3.11 billion USD, Quang Ninh has become the leading locality in the country in attracting FDI capital. These are truly telling numbers and confirm that the business investment environment in Quang Ninh province is extremely favorable. Government levels from the province to the grassroots always create the most favorable conditions for investors and businesses to operate and develop effectively and sustainably. This also clearly shows the province's demand through specific actions with the motto of always accompanying and supporting businesses to overcome all difficulties and promote production development.