Bac Giang moves to lure more investments
According to Director of the provincial Department of Planning and Investment Trinh Huu Thang, a steering board will be set up in order to untie existing knots in the field.
Apart from intensifying investment promotion programmes and speeding up administrative procedure reform, local authorities have been requested to actively support investors in land clearance and basic infrastructure construction.
They are asked to continue proactively consulting the People’s Committee about the application of Party, State and Government policies and mechanisms in line with local conditions so as to win confidence of investors, Thang said, stressing that there’s nothing better than the investors’ good comments on the province’s investment climate.
Bac Giang will also speed up activities to improve its competitiveness and increase its connection with central ministries and sectors and other localities in the region, as well as providing full information for investors through meetings and on the Internet.
Bac Giang has to date attracted over 800 projects, of which 167 projects are located in industrial zones with a total registered capital of more than 2 billion USD. Meanwhile, 668 projects worth nearly 2 billion USD are located outside the industrial zones.
Localities receiving big investments include Bac Giang city, Lang Giang, Yen Dung and Hiep Hoa districts. Large-scale projects can be named as the one to build a golf course and services complex and a garment plant in Tien Dung, or another one to build an electronic components factory in Hiep Hoa.
Pham Hong Minh, manager of the Muong Thanh Bac Giang hotel project, said that since its construction began in September 2013, the project has received much attention from authorities at various levels, making it the leader in terms of construction tempo among projects implemented across the nation by the Muong Thanh group.
