Investment News


New attraction of investment in the agricultural sector

25/10/2021

In order to create a new attraction for businesses to invest in the agricultural sector, Quang Ninh is continuing to have specific and drastic solutions to remove the remaining bottlenecks, bring into full play its potential and available natural conditions.

High-quality shrimp seed production complex at Viet Uc Seafood Joint Stock Company (Dam Ha district).

Over the years, Quang Ninh has had many mechanisms and policies to attract businesses to invest in the agricultural sector, but in recent years, the number of investment projects in the province's agricultural sector has not been much. According to the report of the Department of Planning and Investment, Quang Ninh currently has 4 key projects of extra-budgetary investment in the agricultural sector that have been approved for investment by the Provincial People's Committee; 5 projects are carrying out procedures for investment policy approval. However, the implementation progress has not reached the set plan.

Farmers in Viet Dan commune, Dong Trieu town harvest custard apples.

For example, the project of seed production, commercial farming and processing of shrimp food using high technology, phase 1 in Cam Pha City, was approved by the Provincial People's Committee in January 2018. Although the committed progress is to put the project into operation by January 2019, in fact, the investor repeatedly requested an extension of implementation. Up to now, the items have not been implemented.

According to the assessment of the authorities, the main reason is due to difficulties in construction sites, some households do not agree with the compensation support plan. Because according to the provisions of the Land Law, investment projects in the agricultural sector are not subject to land recovery by the State, so investors must negotiate with organizations and individuals that are managing and using the land to use the project site. In some cases, the investor's project proposal is slow to add specific data on the current status of land use and forest use, and the area for which the purpose of land use and forest use must be changed has not yet been clearly determined.

To remove the bottlenecks, the province is focusing on implementing a series of drastic solutions to help attract more businesses and investors. In particular, the Department of Agriculture and Rural Development has actively followed the provincial planning and the direction of the industry to build a list of projects to attract investment in the agricultural sector. On June 28, the Provincial People's Committee issued Decision 2055/QD-UBND on promulgating a list of projects calling for and attracting investment in Quang Ninh province in 2021, with a vision to 2025. In which, there are 9 projects in the fields of agriculture, forestry and fishery.

Also since the beginning of 2021, provincial departments and branches have actively worked with many potential investors to conduct field surveys, research and invest in large-scale projects. For instance, there are TH Group, DABACO Joint Stock Company, An Viet Energy Company Limited. The Department of Agriculture and Rural Development is in charge of advising the Provincial People's Committee to complete the proposal to the Ministry of Agriculture and Rural Development on the establishment of hi-tech agricultural zones in Dam Ha district and Dong Trieu town. The Department also closely cooperates with localities to grasp the progress of projects, promptly removes problems for investors; signs a program to coordinate with Business Association, Investment Promotion Agency to have appropriate investment attraction orientation.

Hoang Giang (Bao Quang Ninh)