At the event in Hai Duong (Photo: VNA) Hai Duong (VNA) - The northernprovince of Hai Duong is striving to create optimal conditions for Japaneseinvestors, Secretary of the provincial Party Committee Pham Xuan Thang affirmedon May 30.
He made the pledgeduring a conference highlighting Hai Duong as a destination for foreign directinvestment (FDI).
Green growth anddigital transformation play a major role in the province’s development strategyfor 2021-50, Thang said, underlining that FDI serves as a leverage for HaiDuong to fully tap its potential.
Hai Duong will make efforts to further improve its investment climate, and step up administrative reforms and housing projects to serve foreign experts, he stressed.
He expressed his hope thatJapanese investors will invest in the province and prioritise high tech,support industries, modern IP infrastructure, high quality services and smarturban development.
Japanese Ambassador toVietnam Yamada Takio said Japanese firms highly valued Hai Duong's efforts to improve its investment climate over the past time as well as support from local authorities, especially during COVID-19 outbreaks.
He advised theVietnamese province to ensure quality human resources, and invest in health andeducation infrastructure to meet workers’ demands, as well as guarantee powersupplies for production, update regulations and remove bottlenecks facingenterprises.
Hai Duong recorded averageGRDP growth rate of 8.1 percent from 2016-20, higher than the national average.Its economy is ranked 11th out of 63 provinces and cities in the country.
Despite the adverseimpacts of COVID-19, the province saw an expansion of 8.6 percent, rankingeighth nationwide.
Its investment climatehas improved, with the provincial competitiveness index (PCI) jumping to 13th from47th, while the Public Administration Reform (PAR) index climbed 11places to 19th.
Hai Duong’s economy isprojected to expand 11.6 percent in the first half of this year.
As of the end of 2021,the province was home to 11 industrial parks and 33 industrial clusters withoccupancy rates surpassing 84 percent. Infrastructure in five IPs is beingimproved while another is being expanded to welcome investors.
Hai Duong is planningto develop 25 IPs and 52 industrial clusters for the 2021-30 period, includinga major industrial zone spanning more than 10,000ha linking Hanoi and Hai Phong.
To date, the provincehouses 490 FDI projects from 26 countries and territories, with a combinedregistered capital exceeding 9.2 billion USD. The projects create stable jobs forover 200,000 local workers.
Japanese firms havepoured nearly 1.5 billion USD into 60 projects in Hai Duong, ranking second interms of project number and registered capital./.
