Investment News


Uong Bi City: Attracting investment from increasing confidence for businesses

08/02/2022

In 2021, Uong Bi City completed and exceeded 15/16 targets and groups of targets. In which, the added value of the agriculture, forestry, fishery, construction industry, and service sectors are all high. In particular, the city's competitiveness index (DDCI) has risen to third place in the ranking of localities in the province. This success comes from the city's strong movements in addressing business recommendations.

 The delegation of Uong Bi city worked with Quang Ninh Cement and Construction Company to remove difficulties and obstacles in investment activities and expand production and business.

In August 2021, Uong Bi City was the first locality in the whole province to establish the Uong Bi Business and Investment Support Group (UBIC), consisting of 10 members, led by Mr. economic leader. Right at the time when the UBIC Team was born, Xuan Lam Group Co., Ltd. began to restart its projects in the city after a long time of shutting down due to the "controversies" related to the owner. old investment. In order for the project to continue to be implemented and complete the unfinished items, Uong Bi City has assigned the UBIC Team to coordinate, support and accompany the Company to overcome arising difficulties.

Mr. Nguyen Bang Phi, Deputy General Director of Xuan Lam Group Co., Ltd., said: "Receiving a project with too many backlogs to solve is a great difficulty for businesses. However, the support and participation of the city from completing the procedures for handing over the project's landmarks to accessing the land source for leveling, site clearance, and guiding the Company to complete relevant legal procedures. … is a great motivation for us to decide to "revive" the project as soon as possible.

 The Uong Bi UBIC team worked with Quang Ninh Thong Joint Stock Company to directly listen and grasp the recommendations of businesses.

Not only Xuan Lam Group, in more than 4 months of establishment, UBIC has organized working with 8 other businesses and production and business establishments, receiving nearly 30 recommendations and proposals from business households. Most of the recommendations and proposals are in the areas of planning, land, site clearance, and product consumption. In order to thoroughly solve the recommendations and increase business confidence, after the working sessions, the UBIC Team issued a written notice of the directives of the city leaders as well as the division leaders. solutions to solve difficulties for enterprises in the process of investment, project implementation as well as in the process of production and business activities. Up to now, 14 recommendations have been resolved, which are rated as completely satisfied by enterprises, 2 are rated as very satisfied, 11 are at a basic level of satisfaction...

Substantial and effective support for businesses is a great catalyst to improve the city's investment climate. In 2021, the Covid-19 epidemic has caused many businesses to limit business expansion and invest in new projects to reduce risks. However, accompanying and standing side by side with businesses along with the city's available advantages and potentials in tourism have helped many large corporations and companies to be interested and eager to research projects with a Investment is expected to be over 10,000 billion VND. For example: GreeFeed Vietnam Group Joint Stock Company; Nhan Dat Tien Company Limited; FLC Group Joint Stock Company; T&T Group Joint Stock Company; Japan International School; Musa Pacta One Member Limited Liability Company…

 In 2021, Uong Bi city rose to third place in the ranking of the local sector competitiveness index (DDCI) in Quang Ninh province.

Up to now, a number of projects in the city have been approved for investment, including: Project of manufacturing medical equipment and manufacturing packaging in Phuong Nam ward (VND 120 billion); investment project on concentrated aquaculture area in Trung Vuong ward (94 billion dong); Detailed construction planning of 1/500 scale in the urban residential area in Trung Vuong ward of Xuan Lam Group (197 billion VND); Residential and commercial service area in Trung Vuong ward (138 billion VND).

Mr. Nguyen Duc Tiep, Vice Chairman of Uong Bi City People's Committee, affirmed: From these successes, in 2022, the city will continue to take survey and evaluation results of businesses as a measure of the work of those standing. heads of departments, divisions, communes and wards. We will also innovate and improve the efficiency of dialogue activities, work with each investor, and publicize the process of handling and solving problems for businesses to follow. When trusted by the business community, this will continue to be an important factor contributing to Uong Bi City's comprehensive victory in 2022 to contribute to the growth of the province.

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