Important step in development

INVESTMENT PROMOTION CONFERENCE IN BINH DINH PROVINCE IN 2025:

The Binh Dinh Investment Promotion Conference 2025 organized by the Provincial People's Committee at the Provincial Convention Center on the morning of March 28 was a great success. At this Conference, the province granted investment policy decisions and investment registration certificates to 62 projects of domestic and foreign corporations and enterprises with a total registered capital of about 8 billion USD.

The conference was attended by Mr. Nguyen Chi Dung - Member of the Party Central Committee, Deputy Prime Minister; Do Thanh Trung, Deputy Minister of Finance; 400 delegates representing central ministries, branches, economic experts, international organizations, business associations, and domestic and foreign corporations, entrepreneurs and enterprises. Also attending the conference were Mr. Kanat Tumysh, Ambassador Extraordinary and Plenipotentiary of the Republic of Kazakhstan to Vietnam and Mr. Shovgi Mehdizade, Ambassador Extraordinary and Plenipotentiary of the Republic of Azerbaijan to Vietnam.

Deputy Prime Minister Nguyen Chi Dung (front row, fourth from left) with provincial leaders and delegates attending the Conference. Photo: N.DUNG

On the side of Binh Dinh province, there were comrades: Ho Quoc Dung - Member of the Party Central Committee, Secretary of the Provincial Party Committee, Chairman of the Provincial People's Council; Pham Anh Tuan - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee; comrades in the Standing Committee of the Provincial Party Committee, Standing Committee of the Provincial People's Council, People's Committee, Vietnam Fatherland Front Committee of the province, the Provincial National Assembly Delegation; leaders of departments, branches, sectors, provincial unions, districts, towns and cities of the province.

Investors will be given the most favorable conditions.

Speaking at the conference, Chairman of the Provincial People's Committee Pham Anh Tuan emphasized: This investment promotion conference is not only an opportunity for connection and cooperation but also contributes to creating momentum for the province to complete the GRDP growth target of over 8.5% in 2025, while completing and exceeding the socio-economic development targets for the period 2021 - 2025. This will be an important premise for Binh Dinh to aim for double-digit growth in the period 2026 - 2030. At this conference, the province invited investors interested in investing in the following areas: Industry; tourism and services; high-tech agriculture; logistics services; urban economy and social infrastructure; high technology and innovation; socialized fields. The province is committed to creating the most favorable conditions for investors to successfully implement projects and develop sustainably.

In-depth analysis of the potential and distinct advantages of Binh Dinh, Dr. Tran Du Lich - member of the National Financial and Monetary Policy Advisory Council, said that Binh Dinh is like a miniature Vietnam, with mountains, forests, plains, and seas. Binh Dinh has all types of transportation; large clean land fund, attractive price range; abundant labor resources; developed science and technology; open investment attraction policies; healthy investment environment; very good security and order. In particular, Binh Dinh always takes people and enterprises as the center of service and fulfills the commitment to accompany, share, and create favorable conditions for corporations and enterprises to invest in sustainable and long-term development. With the guidance of planning, priority investment in infrastructure, quick grasp of development trends of the times along with the public service of local authorities, Binh Dinh is a good destination for investors.

Provincial leaders present investment approval decisions and investment registration certificates to investors. Photo: N.DUNG

Having visited Binh Dinh many times to promote the implementation of the Hon Trau offshore wind power project, Mr. Thorsten Fastenau, Executive Vice President of PNE Group (Germany), shared: We soon realized the potential and advantages of Binh Dinh, so we decided to promote investment in the Hon Trau offshore wind power project, with a total capacity of about 2,000 MW and a total investment of about 4.6 billion USD for many years. Our investment research has been very favorable, which is a solid foundation for PNE to be determined to implement this project. PNE hopes to soon receive approval for the investment policy and a license for marine surveying, to implement the next steps.

Regarding the decision to promote investment in building an international standard education program model in Quy Nhon City, Mr. Patrick Doherty, Regional Director of China and Southeast Asia of QSI Education, explained: Binh Dinh is an attractive destination for investors, but the important factor that investors often consider when expanding their operations is the ability to access high-quality education for children of international personnel. The absence of a reputable international school will make attracting and retaining global talent much more difficult. This is the reason why Quality Schools International (QSI) came to Binh Dinh to invest.

The government always creates favorable conditions for Binh Dinh to develop.

“Binh Dinh needs to effectively implement the socio-economic development planning to promote sustainable development according to the digital economic model, green economy, develop ecological industrial parks associated with urban areas, housing areas for experts, social housing, housing and cultural institutions for workers; form specialized industrial production clusters to contribute to the development of large-scale economy towards the cause of modernization and sustainable industrialization. Binh Dinh also needs to review, develop and adjust the investment attraction orientation in accordance with the local socio-economic development strategy and plan for the period 2025 - 2030 to make a breakthrough; promote the leading role, driving force, and positive spread of large and key projects”.

Deputy Prime Minister Nguyen Chi Dung

At the Conference, the Provincial People's Committee granted investment policy decisions and investment registration certificates to 62 projects with a total registered capital of 8 billion USD.

“These are very positive signals demonstrating the interest and trust of domestic and foreign investors in the business investment environment of Binh Dinh province. The results of today's conference are a very important step forward in attracting investment, contributing significantly to the implementation of the socio-economic development goals of Binh Dinh in 2025 and in the coming time,” affirmed Secretary of the Provincial Party Committee Ho Quoc Dung.

Speaking at the conference, Deputy Prime Minister Nguyen Chi Dung assessed: The fact that Binh Dinh province organized the investment promotion conference today shows the province's strong determination in socio-economic development, demonstrating the spirit and responsibility to join the whole country in entering the era of national development. The presence of many delegates, development partners, enterprises and investors also shows special interest in the attractiveness and confidence in the development of Binh Dinh.

To promote strengths and promote a healthy, attractive and competitive investment environment, the Deputy Prime Minister requested the Provincial People's Committee to identify the creation of the most favorable investment and business environment as the top priority; promptly resolve difficulties and obstacles for investors; always be friendly and accompany businesses. In addition, continue to mobilize and effectively use State, private and other resources to focus on investing in developing the infrastructure system, ensuring synchronization and modernity. Promote training of high-quality human resources associated with attracting investment in the fields of science and technology, innovation and digital transformation.

The Deputy Prime Minister expressed his support and noted that the Provincial People's Committee should accept the opinions of economic experts and enterprises on the research, construction and formation of a free trade center in Binh Dinh as well as consider expanding and adding a number of industrial parks in the province's planning. For investors, enterprises and businessmen, the Deputy Prime Minister suggested seriously implementing commitments and investment memorandums, following the principle of "promising is doing, committing is doing". Along with that, it is necessary to strengthen the connection between enterprises, especially domestic enterprises and foreign enterprises, together participating deeply in the global supply chain and value chain; promoting social responsibility; ensuring policies for employees, creating a safe, friendly and harmonious working environment to promote sustainable development.

“With the rapid tradition of the hero Quang Trung - Nguyen Hue, along with innovative thinking, new ways of doing, daring to think, daring to do, Binh Dinh will continue to achieve even greater achievements, making worthy contributions to the overall development of the country”, the Deputy Prime Minister believes and wishes Binh Dinh to soon become a new strong growth pole, a new bright spot in attracting investment.

“This conference is an opportunity for us to introduce Kazakhstan’s potential, investment and development policy mechanisms; and at the same time, to gain more information from the government and businesses of Binh Dinh. I see that Binh Dinh in particular, and Vietnam in general, have many new policies on developing information technology and high-tech industry, in line with Kazakhstan’s development strategy. As Ambassador, I will strive to promote cooperation in developing the above fields.”

Mr. Kanat Tumysh, Ambassador Extraordinary and Plenipotentiary of the Republic of Kazakhstan to Vietnam

T.SY

Source: https://baobinhdinh.vn/viewer.aspx?macm=5&macmp=5&mabb=343453