(HBO) - According to the statistics of the Department of Planning and Investment, in the first 6 months of this year, the province has decided to invest in 38 projects, including 37 domestic investment projects with a total registered capital of 4,167.5 billion VND and 1 project direct foreign investment with a total registered capital of 10 million USD, increasing by 9 projects compared to the same period last year but the registered capital decreased by 11.2%.
Up to now, the province has a total of 568 projects, in
which there are 39 direct foreign investment projects with the total registered
capital of 634.52 million USD and 529 domestic projects with the total
registered investment capital of about 69,488.2 billion dongs.
Also in the first 6 months of the year, the whole province
has estimated that there have been 165 newly registered enterprises with a
total registered capital of 3,200 billion VND.
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.
The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.
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