Business

Quang Binh’s industrial production rises 8.5 percent

The index of industrial production (IIP) of the central province of Quang Binh in the first six months of this year increased annually by over 8.5 percent and its production value hit over 4.4 trillion VND (around 202.5 million USD).
The index of industrial production (IIP) of the central province ofQuang Binh in the first six months of this year increased annually byover 8.5 percent and its production value hit over 4.4 trillion VND(around 202.5 million USD).

The rise of the IIP indicates the stability of the locality’s industrial production and its promising growth.

Strong growth from a number of sectors contributed to the high rate.Among these, the garment-textile industry, non-metal minerals and cementsaw the highest growths of 40 percent, 14 percent, and 11 percent,respectively.

To generate the positive results, the localauthorities have promoted administrative procedure reforms to facilitateproduction of local enterprises.

The province plans to increase support for firms, especially those operating in industry in the locality.

It will also enhance investment promotion and assist investors tocomplete their industrial projects, focusing on garment-textiles,construction material and wood processing.-VNA
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