PM urges refining draft law on special administrative – economic zones

Prime Minister Nguyen Xuan Phuc has asked the Ministry of Planning and Investment (MoPI) to acquire feedback on the draft law on special administrative – economic zones,
PM urges refining draft law on special administrative – economic zones ảnh 1Prime Minister Nguyen Xuan Phuc (Source: VNA)
Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc has asked the Ministry ofPlanning and Investment (MoPI) to acquire feedback on the draft law on specialadministrative – economic zones and refine it to submit to the National Assemblyat the October session for consideration. 

Duringa meeting with ministries, sectors in Hanoi on August 2, the PM underscored thedetermination to make the best law on special administrative – economic zones toensure the zones’ sustainable, long-term development.

Hedirected the MoPI to update the latest information about special administrative– economic zones’ comparative advantages, including those regarding strategicinvestors.

Heunderscored the need to establish sound framework mechanisms, preventdiscrimination between domestic and foreign investors, and offer preferentialincentives to investors.

ThePM suggested setting orientations to fields of Vietnam’s demand in specialeconomic zones.

Participantsdiscussed land policies, organisation and activities of local authorities, andpriority investors in special zones.

Theycalled for creating breakthrough mechanisms that forge a new and level playingfield with attractiveness, transparency, stability in line with internationalpractices.

Attendingthe event were head of the Party Central Committee’s Organisation CommissionPham Minh Chinh, leaders of ministries, agencies and provinces of Quang Ninh,Khanh Hoa and Kien Giang, which are working on the projects to build Van Don,Bac Van Phong, and Phu Quoc special zones.-VNA

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