(HBO) – As a growth driving force of Hoa Binh province, Ky Son district has made breakthroughs in investment attraction. Many projects have been and will be implemented, opening up opportunities to promote local socio-economic development.
The international-standard Hoa Binh – Geleximco 36-hole golf
course is a highlight in investment attraction of Ky Son district.
There are two industrial parks, namely Mong Hoa
and Yen Quang, approved by the Prime Minister in the district at present. That
has helped Ky Son become an attractive destination for domestic and foreign
investors.
More than 100 projects with total registered
capital of 28.67 trillion VND (1.2 billion USD) have been invested in Ky Son so
far. They focus on industry, tourism, trade-services, petrol business, building
material production and business, and aquaculture.
Notably, they include an animal feed factory of
the foreign-invested JAPFA COMFEED Vietnam Co. Ltd and the Bao Tho
International Hoa Binh eco-resort site co-invested by a foreign-invested
business and a Vietnamese company.
The projects scatter across the district but
concentrate along Hoa Lac – Hoa Binh Road and National Highway 6.
In recent years, the number of businesses
investing in Ky Son district has increased considerably with many major
projects such as the Hoa Binh – Geleximco golf course in Dan Ha commune, Ky Son
township and Trung Minh commune of Hoa Binh city; the Hoa Binh Xanh high-end
eco-residential area project in Phuc Tien commune; the Bao Tho International
Hoa Binh eco-resort site in Dan Ha commune; and the An Viet – Hoa Binh golf
course in Phuc Tien and Mong Hoa communes.
Among investors, the Phu Hung Khang Development
Co. Ltd, a subsidiary of the Phu My Hung Development Co. Ltd that is known for
the Phu My Hung residential project in Ho Chi Minh City, has invested in an
eco-residential area project in Phu Minh and Hop Thanh communes. This project
will build the Dam Bai Lake vicinity into a functional area associated with preservation
of natural resources and traditional culture. Later, an entertainment centre
and a residential area for about 20,000 people will be developed./.
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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