Ha Nam pledges favourable conditions for foreign investors

Wednesday, Jan 17, 2018 19:36

A corner of Phu Ly City, Ha Nam Province. The northern province will focus on improving infrastructure to create favourable conditions for investors. — File Photo

Ha Nam pledged to create favourable conditions for production and business at a meeting on Wednesday with more than 200 foreign investors investing in the northern province.

Chairman of the provincial People’s Committee Nguyen Xuan Dong said the province was focusing its resources on improving infrastructure and services to make it easier for investors.

In 2017, Dong Van 3 and 4 Industrial Zones completed their infrastructure system and were ready to receive investments. Muong Thanh Trade and Services Complex and Fugi Engineering’s housing complex for lease also became operational.

Dong said those were important factors to draw investors to Ha Nam Province.

Regarding the proposal of enterprises, Dong 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 Dong Van 1 and 2 industrial zones before the end of June 2018.

Ha 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.

Dong also urged investors to pay attention to the legitimate rights of labourers.

According to the Foreign Investment Agency, Ha 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. — VNS

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