7/21/2022 4:47:44 PM

Investment Vietnam, According to Mr. Han Jae Jin, Vice President of the Korean Trade and Industry Association in Vietnam, with transport infrastructure, human resource structure, and administrative reform efforts, Hau Giang will attract many people. capital investment and achieve outstanding economic growth through combining high-tech agriculture and manufacturing.

 Signing 8 memorandums of understanding of VND 204,000 billion with investors, what special potential does Hau Giang have?

 

Recently, at the Investment Promotion Conference of Hau Giang province in 2022, the People’s Committee of Hau Giang province awarded 12 certificates of investment policy decisions with a total investment of VND 18,959 billion, a total area of ​​​​290 hectares. In particular, Masan Group Joint Stock Company received the investment policy of the Western Food Industry Center 2 project in South Song Hau Industrial Park (Chau Thanh District, Hau Giang Province), with a total investment of about 3,500 billion VND. . 

Some other big projects must come: Vi Thanh Residential and Commercial Project (5,649 billion VND); Project of Vi Dan High Quality Rice Processing Factory (1,134 billion VND); New Urban Area Project Area 4, Ward V, Vi Thanh City (VND 2,700 billion)...

At the same time, the conference also witnessed the signing ceremony of 8 memorandums of understanding between the People’s Committee of Hau Giang province and investors, with a total value of 204,649 billion VND. In which, Him Lam Joint Stock Company invests in transport, urban and tourism infrastructure with a total estimated capital of about 6.2 billion USD (equivalent to about 142,600 billion VND).

SHINEC Group Joint Stock Company invests in construction of projects in the field of industrial and urban infrastructure with an area of ​​243 hectares, the total investment is expected to be about VND 9,000 billion. Kinh Bac Urban Development Corporation invests in construction of projects in the field of industrial infrastructure with an area of ​​​​425ha, total investment of 10,000 billion VND. FPT Joint Stock Company invests in digital transformation and education and urban areas with a total estimated investment of about VND 10,000 billion.

What special potential does Hau Giang have?

Hau Giang is located in the center of the Mekong Delta (the Mekong Delta), is the gateway connecting the southern provinces of the Hau River, including Kien Giang, Ca Mau, Bac Lieu, Soc Trang with the rest of the Mekong Delta and the rest of the Mekong Delta. other economic regions of the country. In addition, the locality is also located in the center of the inland waterway system of the Mekong River, with a total of 2,300 km of rivers and canals, located at the center of many highways, only 30 minutes from the airport and seaport. km from the provincial border. 

Regarding the socio-economic development of Hau Giang, data from the Department of Local Statistics shows that in the 2016-2020 period, Hau Giang’s average economic growth rate is nearly 6%. In particular, Hau Giang is one of the provinces with rapid economic recovery and prosperity in many fields after two years of being affected by the Covid-19 pandemic. 

Specifically, the province’s GRDP in 2021 will increase by 3.08%, ranking second in the Mekong Delta; in which, the agricultural sector has an impressive growth rate, reaching 4.04% - the highest increase since the province’s establishment until now. By 2022, as of June, the province’s GRDP economic growth rate will reach 11%, ranking eighth in the country and first in the Mekong Delta.

What is the potential for the locality where Him Lam, FPT, SHINEC... signed a memorandum of understanding worth 204,000 billion VND?  - Photo 1.

Source: Hau Giang Provincial People’s Committee

Besides, the provincial competitiveness of Hau Giang also has positive changes. The Provincial Competitiveness Index (PCI) of the province in 2021 ranks 38th out of 63 provinces and cities nationwide with 63.80 points, up 12 places in the 2017-2021 period (from 50th position in 2017 to 50th position in 2017). position 38 in 2021). Administrative reform (PAR Index) increased 4 places compared to 2019 (from 31st position in 2019 to 27th position in 2021), creating an important breakthrough to help the province attract investment and develop socio-economic.

 

Commenting on the province’s development potential, at the Investment Promotion Conference of Hau Giang province, Mr. Han Jae Jin, Vice President of the Korea Trade and Industry Association in Vietnam said, with the drastic leadership by the Prime Minister, Vietnam was able to create an open and independent economic structure in this difficult time; ensuring food security for the Mekong Delta region, energy security, maintaining a current account surplus through a trade surplus and investment flows from the development of the manufacturing industry.

In addition, a reasonable fiscal structure with flexible monetary and fiscal policies during the recent pandemic has helped Vietnam have sufficient capacity to deal with economic crises through investment in infrastructure. Social infrastructure relies on government funding for the next few years," he said.

He said that the Mekong Delta is the place that will benefit the most from this infrastructure project. And Hau Giang province, the heart of the Mekong Delta logistics infrastructure, will be able to build the most effective success story. These transport infrastructures are key to logistics and manufacturing. In addition, about 78,000 hectares of rice land occupies half the area of ​​Hau Giang province, playing a key role in national food security.

"With transport infrastructure, human resource structure, and administrative reform efforts, Hau Giang will attract a lot of investment capital and achieve outstanding economic growth through a combination of industrial agriculture and industry. high technology and production", Mr. Han Jae Jin affirmed.

According to Hau Giang Provincial People’s Committee, the province’s development strategy for the period 2021-2025 is to improve the ranking position in terms of economic scale, with the goal of developing faster than the national average, GRDP per capita by 2020. 2025 over 77 million VND, equivalent to 3,319 USD. By the period 2026 - 2030, the locality strives for an average GRDP growth rate of 8-10%, budget revenue reaching VND 13,000 billion, the province will basically be self-sufficient in the budget.

In the period 2031-2050, Hau Giang strives to become the center of industrial production and logistics of the Mekong Delta, a province with a good level of development compared to the whole country; modern economic structure with the contribution of the service sector increasing in GRDP, the share of agriculture falling to less than 10%; maintain a continuous average growth rate of about 7%/year from now to 2050; GRDP per capita is about 13,000 USD/person/year.

Hau Giang calls for investment in 76 projects with a total capital of more than VND 50,000 billion

Information provided at the investment promotion conference in Hau Giang province 2022 with the theme "Enterprises come, Hau Giang is happy" taking place in this locality today, July 16, shows that Hau Giang province sets a target to come to Hau Giang province. by 2030, export turnover will reach a growth rate of 20%/year; GRDP growth rate will reach 8%/year, of which, in the period 2026-2030, it will reach 8.5-10%/year.

In addition, Hau Giang province also sets a target of increasing domestic revenue by 20%/year and total social investment capital by 20%/year.

To achieve the set goals, Hau Giang province is calling for investment in 76 projects in the fields of public, agriculture, urban and tourism with a total investment capital of 50,082 billion VND. In which, the industrial sector calls for investment in 9 industrial park projects and 7 industrial cluster projects with a total investment of 30,546 billion VND.

In the agricultural sector, Hau Giang called for investment in 21 projects with a total investment capital of 5,687 billion VND, in which, there are outstanding projects such as organic rice production areas, systematic investment projects. preservation and processing of high-quality rice in Hau Giang, aquaculture project combined with commercial and service tourism, high-tech aquaculture project...

For the urban sector, Hau Giang called for investment in 31 projects with a total investment of 13,088 billion VND and 8 tourism projects with a total investment of 761 billion VND.

In parallel with calling for investment in the above projects, Hau Giang province also focuses on implementing three strategic breakthrough tasks to support businesses to invest and develop locally.

Accordingly, in addition to improving the quality of human resources, especially key leaders at all levels, the locality has synchronously completed the system of mechanisms and policies, creating a healthy and favorable business environment. for businesses and residents.

In addition, Hau Giang builds a development strategy and provincial planning, in which, focusing on building an infrastructure system for industrial development, synchronous and convenient transportation infrastructure for investors.

To enhance the attraction of investment projects in Hau Giang province, Mr. Pham Tan Cong, Chairman of the Vietnam Confederation of Commerce and Industry (VCCI), suggested that provincial leaders should pay more attention to environmental improvement. business is more and more favorable. “Hau Giang province needs to analyze and evaluate more deeply the competitiveness index at provincial and district levels to have appropriate policies in improving the business investment environment,” said Mr.

At the same time, Mr. Cong also suggested that Hau Giang province needs to improve the quality of human resources, because having good human resources will promote businesses to implement investment projects more effectively. "Hau Giang province, when receiving investment projects, should also focus on green projects and circular economy", Mr. Cong recommended.

Mr. Dong Van Thanh, Chairman of Hau Giang Provincial People’s Committee, said that the locality is committed to accompanying and sharing with investors throughout the project implementation process, creating all favorable conditions for investors to produce and trade. The most effective business in Hau Giang province.

Concluding remarks at the conference, Prime Minister Pham Minh Chinh wished that businesses always balance and harmonize the interests of businesses, people and the State. "Businesses coming to invest must of course make a profit, but that profit must be in harmony and reasonable with the State and the people." In addition, businesses must know how to share risks and implement policies to ensure social security for people.

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