(HBO) – The standing board of the Hoa Binh Party Committee, including Secretary Ngo Van Tuan and Vice Secretaries Bui Duc Hinh and Bui Van Khanh, on March 31 had a working session a joint venture of three groups, namely Deo Ca, Phu My, and Van Phu.
Ngo Van Tuan, member of the Party Central
Committee and Secretary of the Hoa Binh Party Committee, speaks at the event.
At the function, the companies introduced their capacities. Deo Ca operates in
construction and transport infrastructure investment, while Van Phu and Phu My
both run businesses in real estate and industrial and transport infrastructure.
In Hoa Binh, Phu My is the investor of the 213.68ha Nhuan Trach industrial park
in Luong Son district and the 235.86ha Mong Hoa industrial park in Hoa Binh
city.
The three groups tabled a series of options to implement local transport
infrastructure projects as well as the public–private partnership (PPP) model,
and conditions to apply in Hoa Binh.
They suggested the province support them in their research and investment in a
number of local transport projects, and allow them to access and make
consultations to the provincial general planning project.
Provincial leaders stated that Hoa Binh seeks investment in infrastructure
development of routes connecting its key areas in Luong Son district and Hoa
Binh city, in order to capitalise on the land available on both sides of the
road and to form urban and residential areas, creating space for socio-economic
development.
Concluding the session, Ngo Van Tuan, member of the Party Central Committee and
Secretary of the Hoa Binh Party Committee, agreed with the contents discussed.
He called for the establishment of a local working group to study investment
mechanisms and build plans in line with regulations and other transport and
land use planning.
Investors and competent agencies in Hoa Binh should work together in surveying
and implementing related projects for higher speed and effectiveness, he
recommended.
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.
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.
