Hà Nam pledges favourable conditions for foreign investors

 A corner of Phủ Lý City, Hà Nam Province. The northern province will focus on improving infrastructure to create favourable conditions for investors. - File Photo

Chairman of the provincial People’s Committee Nguyễn Xuân Đông said the province was focusing its resources on improving infrastructure and services to make it easier for investors.
In 2017, Đồng Văn 3 and 4 Industrial Zones completed their infrastructure system and were ready to receive investments. Mường Thanh Trade and Services Complex and Fugi Engineering’s housing complex for lease also became operational.
Đông said those were important factors to draw investors to Hà Nam Province.
Regarding the proposal of enterprises, Đông asked the power providers to implement regular maintenance, enhance quality of the power system and speed up the construction of transformer stations at industrial zones to ensure adequate power supply for production.
He also said the focus should be on finding solutions to prevent submergence in Đồng Văn 1 and 2 industrial zones before the end of June 2018.
Hà Nam Province authorities asked investors to hasten the implementation of their projects, use land efficiently and promote savings in production while renovating technologies to enhance productivity and product competitiveness, and lower prices.
Đông also urged investors to pay attention to the legitimate rights of labourers. 
According to the Foreign Investment Agency, Hà Nam Province attracted $244 million FDI in 2017, ranking 20th among 63 provinces and cities in terms of attracting FDI. As of December 20, there were 213 exiting FDI projects in the provinces, worth $2.35 billion.