The northern province of Bac Giang will carry out drastic measures inthe hope of attracting around 9.5 trillion VND (446.5 million USD) inboth domestic and foreign investments in 2015.
According to ViceChairman of the provincial People’s Committee Lai Thanh Son, thelocality will intensify State management and inspection over investmentprojects in order to address difficulties facing businesses and detectand punish violation cases.
It will speed uplaw popularisation activities to raise public awareness of taking backland for economic development so as to create a consensus between thepolitical system and locals on land clearance and compensation.
In addition to measures to reform administrative procedures andimprove business and investment climate, Bac Giang will focus onadjusting development planning of industrial clusters, including theconsideration of the establishment of several industrial zones in ruralareas.
Attention will be also paid to upgradingtransport infrastructure and coordinating in a project on theconstruction of a highway connecting Hanoi capital and the northernmountainous province of Lang Son via Bac Giang, Son added.
So far this year, Bac Giang has attracted 139 projects, of which 97projects worth 4.98 trillion VND (234.06 million USD) are implemented bydomestic investors, up 106.4 percent in number and 110.5 percent inregistered capital against the previous year. Foreigners pour capitalinto 42 projects with a combined investment of 187 million USD, up 27.7percent in number and 23 percent in capital.-VNA
According to ViceChairman of the provincial People’s Committee Lai Thanh Son, thelocality will intensify State management and inspection over investmentprojects in order to address difficulties facing businesses and detectand punish violation cases.
It will speed uplaw popularisation activities to raise public awareness of taking backland for economic development so as to create a consensus between thepolitical system and locals on land clearance and compensation.
In addition to measures to reform administrative procedures andimprove business and investment climate, Bac Giang will focus onadjusting development planning of industrial clusters, including theconsideration of the establishment of several industrial zones in ruralareas.
Attention will be also paid to upgradingtransport infrastructure and coordinating in a project on theconstruction of a highway connecting Hanoi capital and the northernmountainous province of Lang Son via Bac Giang, Son added.
So far this year, Bac Giang has attracted 139 projects, of which 97projects worth 4.98 trillion VND (234.06 million USD) are implemented bydomestic investors, up 106.4 percent in number and 110.5 percent inregistered capital against the previous year. Foreigners pour capitalinto 42 projects with a combined investment of 187 million USD, up 27.7percent in number and 23 percent in capital.-VNA
