Investment News

Provincial People's Committee works with VCCI on economic development solutions associated with environmental protection


On November 1, Mr. Bui Van Khang, Vice Chairman of the Provincial People's Committee, chaired a meeting with the Vietnam Chamber of Commerce and Industry (VCCI) to discuss policies and solutions for economic development in association with Vietnam. environmental protection in Quang Ninh province.

At the meeting, representatives of provincial departments and agencies exchanged and informed the VCCI delegation about economic development solutions associated with environmental protection of Quang Ninh. Accordingly, the province is focusing on shifting from a "brown" economy that depends on coal mining to a "green" economy that focuses on service industries. In the 2016-2020 period, the province has implemented many activities, programs and projects on environmental protection, such as: Investment in the project to upgrade the dyke system in Quan Lan, Van Don district; project on protection and development of protective and special-use forests along Quang Ninh coast in the period 2015-2020; projects to repair and improve safety of lakes and dams, etc. Implement some pilot models to reduce pollution load in Ha Long Bay, encourage businesses to use renewable energy and save ESCO energy, and promote In the period 2018-2022, the total provincial budget allocated for the cause of environmental protection in the province is over 2,000 billion VND, accounting for 4.59% of the recurrent expenditure of the local budget. .

The members of the VCCI delegation highly appreciated Quang Ninh's sustainable socio-economic development strategy, especially the lack of environmental trade-offs in attracting investment. At the same time, information about VCCI will deploy the PGI green index, integrated in the PCI 2022 provincial competitiveness index survey. This is a tool to evaluate and promote local attention to economic development. economy associated with environmental protection, providing timely information to support provincial and city governments in policy making, promoting the building of an environmentally friendly business ecosystem, contributing to attracting investors. Environmentally conscious investment and quality "green" projects for Vietnam.

Speaking at the meeting, Mr. Bui Van Khang, Vice Chairman of the Provincial People's Committee affirmed that Quang Ninh will continue to pursue an economic development strategy associated with environmental protection, attracting projects applying current technologies. Great, environmentally friendly. In the coming time, the province wishes to continue to receive advice from VCCI to improve the investment environment better, attract more investment projects in the area, especially green projects.