(HBO) - Yen Thuy district has advantages in terms of location and transportation and it has taken various measures to attract investment and sustainably restructure its economy over the previous years.
The district not only
has transport links with neighbouring emerging provinces, such as Ninh Binh,
but also is known for its dynamic development in large-scale agriculture and
great potential for the development of industry, resort tourism and
eco-tourism.
With support from district authorities, Nam Son
Co., Ltd., which is located in Yen Binh village, Doan Ket commune, has expanded
production with good business performance.
Yen Thuy has effectively enforced investment
incentives, promoted public administrative reform, and facilitated investment
attraction into local industrial parks. It has also focused efforts on site
clearance and human resources development to meet businesses' demand.
Hoang Tien Son, head of the district’s economic
and infrastructure division said being aware of the importance of transport
infrastructure in luring investors, Yen Thuy has renovated and repaired over
91.1 km of roads at total cost of more than 125 billion VND; concreted about
18.86 km of rural roads, with combined investment of nearly 17.8 billion VND,
between 2015 and 2020.
So far, the district has concreted all main
roads leading to communes’ centre, close to 76.19 percent of district roads and
80,2 percent of communal roads.
It has urged faster construction of a road
connecting Ho Chi Minh Road, National Road 12B and National Road 1 to meet
travel demand. The road is expected to pave the way for attracting investment
to disadvantaged communes, such as Bao Hieu, Lac Suong and Lac Sy.
The district is home to the 220-hectare Lac
Thinh Industrial Park, which has been named in the national plan for industrial
park development by 2020 adopted by the Prime Minister. The district now has 22
projects having received in-principle approval of the provincial People’s
Committee. Together they cover a total of 197.4 hectares and have combined
investment of nearly 7.2 trillion VND.
Yen Thuy has been strengthening cooperation with
relevant provincial departments and agencies to expand the Lac Thinh Industrial
Park’s area to over 1,000 hectares. A joint venture of nine company members of
Xuan Thien Group has proposed the district develop infrastructure in the Lac
Thinh Industrial Park and a 500-hectare hi-tech animal farming and food
processing complex worth a total invesmtnet of 28 trillion VND.
The district has been speeding up clearance of
around 705 hectares of land in Hang Tram township and Huu Loi commune for a
project of FLC Group as well as the progress of a quarry project, with designed
capacity of 2.5 million tonnes per year, operated by cement producer Xuan Son,
a member of Xuan Khiem Group.
The district has also been working with the
investor to survey mineral springs in Ngoc Luong commune in order to develop an
eco-resort here. The project is expected to receive in-principle approval of
the provincial People’s Committee by the end of the first quarter of 2021.
Bui Huyen, Vice Chairman of the Yen Thuy
People's Committee said in the coming time, the district plans to continue
adopting land use planning over the next 10 years and land use plan for this
year and removing barriers to investment attraction. It will focus on
high-quality human resources training and create all possible conditions for
the establishment of joint ventures and economic linkages as the district is
striving to become an ideal destination for both domestic and foreign
investors, he added./.
Anyone found to be encroaching upon the forest, even if it is just one bamboo shoot, will face penalties. This commitment has been unanimously added into the covenant of Bua Cau hamlet, Hung Son commune in Kim Boi district, to protect the forest.
The Hoa Binh Power Corporation (PC Hoa Binh) has applied synchronous measures to gear up for the coming summer season when power consumption demand surge may cause a risk of power supply disruption.
Appreciating the abundant potential and strengths of his hometown for tourism development, Ha Cong Hung, Deputy Secretary of the youth union of Mai Chau district’s Mai Hich commune, embarked on producing smoked meat with a desire to introduce his homeland's specialty to domestic and international tourists.
Hoa Binh farmers are investing big in their chilli pepper cultivation areas after the first batch of 7.5 tonnes of pickled chilli peppers was shipped to the Republic of Korea (RoK) by Tien Ngan Trade and Investment Co., Ltd last month.
Recognising the role and importance of developing the collective economy, the northern province of Hoa Binh has promptly issued support policies to propel the development of the economy, making important contributions to local socio-economic development.
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.
