Business

Ha Nam aims to attract 150 projects in four years

The northern province of Ha Nam aims to lure 130-150 projects to its industrial parks (IP) in 2017-2020, with total investment of up to 50 trillion VND (2.19 billion USD), including 1.5-1.8 billion USD in foreign investment.
Ha Nam aims to attract 150 projects in four years ảnh 1illustrative photo (Source: VNA)
Ha Nam (VNA) – Thenorthern province of Ha Nam aims to lure 130-150 projects to its industrialparks (IP) in 2017-2020, with total investment of up to 50 trillion VND (2.19 billionUSD), including 1.5-1.8 billion USD in foreign investment.

Through the projects, Ha Nam hopesto create jobs for about 25,000 labourers, raising the total workers in localindustrial parks to about 75,000.

The province targets about 60 trillionVND (2.64 billion USD) in industrial production in the parks in 2020,accounting for 75 percent of the province’s total, as well as the full occupancyof Dong Van II, Chau Son, Hoa Mac and Dong Van III support industry park.

In 2020, it is hoped local IPs willpay 3.1 trillion VND (13.6 million USD) to the State budget.

Currently, the province isprioritising projects in support industry and processing-manufacturing industrywith advanced and environmentally-friendly technology.

To fulfill the goals, Ha Nam is mobilisingresources to hasten infrastructure construction in the IPs, offering clearground for investment projects, while speeding up the building and upgrade of transportsystem linking the IPs with national roads, airports and seaports.

The province has also diversifiedmethods of investment promotion, introduced the local investment environment toforeign firms, improved its infrastructure system and human resources quality,and sped up administrative reform.

The locality will also set up adatabase on enterprises in the support industry to foster business connectivity.

According to Tran Xuan Duong,head of the Management Board of Ha Nam IPs, by the end of the first quarter of2017, local IPs hosted 262 valid projects, including 160 foreign-invested ones worthover 2 billion USD, along with 102 domestic ones with total investment of morethan 14.3 trillion VND (62 million USD).-VNA
VNA
#foreign investment #Ha Nam #ndustrial parks #investment #projects #support industry Ha Nam
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