Chairman of the Ha Nam People’s Committee Nguyen Xuan Dong speaks at the meeting. (Photo: hanam.gov.vn)

Ha Nam (VNA) – Authorities of the northern province of Ha Nam met with over 100 foreign direct investment (FDI) businesses on January 12.

Chairman of the provincial People’s Committee Nguyen Xuan Dong recognised contributions made by FDI companies to diversifying economic sectors, restructuring the economy, and generating jobs.

In 2016, Ha Nam granted investment licences to 31 FDI projects with total newly-registered capital of over 610 million USD.

The province currently has 186 foreign-invested projects from 11 countries and territories with total registered and adjusted capital of over 2.1 billion USD.

FDI firms contributed more than 1.53 trillion VND (67.7 million USD) to the State budget, accounting for 32.7 percent of the provincial total budget and creating jobs for about 60,000 workers.

Businesspeople proposed the province address issues like electricity supply, clean water, industrial waste treatment, and environmental hygiene, as well as traffic safety, labour resources and quality, and lighting.

Local authorities took note of these proposals and pledged to handle the shortcomings. 

They asked investors to speed up the implementation of projects which were granted investment licenses, reform technology to increase productivity, reduce production costs, increase competitiveness, and make use of domestic and export markets.

Businesses were also urged to ensure the legitimate rights and interests of workers.-VNA