Ca Mau attracts investment in breakthrough projects

To date, Ca Mau province has 459 investment projects in operation, with a total registered capital of VND 146,700.5 billion. The province aims to continue improving the investment and business environment, creating favorable conditions for enterprises; attracting investment in breakthrough projects...

In 10 months, Ca Mau province has granted 461 business registration certificates with a total registered capital of VND2,897.3 billion. (Source: Cong Luan)

According to information from the Department of Planning and Investment of Ca Mau province, from the beginning of 2024 until now, despite facing many difficulties and challenges, Ca Mau's economy has grown optimistically and has many improvements.

Specifically, the Industrial Production Index in October 2024 increased by 9.7% compared to September, and in the first 10 months it increased by 6.2% compared to the same period in 2023. Total retail sales of goods and consumer service revenue in October reached VND 9,934 billion; in the first 10 months it reached VND 90,063 billion, exceeding the plan by 3.2%, up 20.3% over the same period in 2023.

Export turnover in the first 10 months of 2024 reached over 1.079 billion USD, up 9.9% over the same period; of which, seafood export reached 968.04 million USD (up 12.2%); fertilizer export reached over 101 million USD.

Regarding public investment disbursement in 2024 (including capital carried over from 2023), by October 28, 2024, Ca Mau had disbursed VND 2,554 billion, equal to 48.8% of the capital plan.

In 10 months, the province has issued 461 business registration certificates with a total registered capital of VND 2,897.3 billion. Notably, the rate of submitting business registration dossiers online (via the internet) reached 100% of the arising dossiers.

In addition to newly established enterprises, there were also 107 dissolved enterprises and 311 enterprises temporarily suspended operations. The total number of enterprises in the province is 5,305, with a total registered capital of 64,570.6 billion VND.

Regarding investment attraction, from the beginning of the year to November 20, the province granted certificates to 13 new investment projects, with a total registered capital of VND2,358.5 billion. To date, the province has 459 investment projects in operation, with a total registered capital of VND146,700.5 billion (of which, there are 11 projects with foreign direct investment, with a total registered investment capital of USD163.5 million).

Ca Mau has 5 wind power projects (total capacity of 170 MW) that have been put into commercial operation. In addition, 14 wind power projects have been approved for investment with a total capacity of 800 MW (of which, 170 MW has been put into commercial operation); 2 wind power projects with a total capacity of 200 MW have been proposed by investors, the Provincial People's Committee is seeking opinions from relevant ministries and branches as a basis for approving investment policies according to regulations.

Ca Mau has 5 wind power projects in commercial operation. (Source: Pecc2)

In the remaining time of the year, to promote economic development, Ca Mau will implement effective credit growth solutions, directing credit to production and business sectors, priority sectors and strengths of the province; promote the organization of conferences connecting banks and enterprises in many forms...

The province will continue to improve the investment and business environment, create favorable conditions for enterprises; attract investment in breakthrough projects and key projects in the province; promote the implementation of the Project on improving the investment and business environment, enhancing provincial competitiveness in the period of 2021 - 2025, with a vision to 2030.

At the same time, actively and effectively implement solutions to improve scores and rankings of the Provincial Competitiveness Index (PCI), Provincial Green Index (PGI); increase support for small and medium enterprises in the province.

In addition, the province will monitor the supply and demand of essential goods, ensure adequate goods and stable prices; actively respond to the campaign "Vietnamese people prioritize using Vietnamese goods"; promote the distribution of goods through digital platforms and e-commerce; boost the export of key products with competitive advantages to large and potential markets...; continue to monitor, inspect and supervise the implementation of wind power and solar power projects in the area.

Ca Mau is determined to promote the implementation of the Plan to implement Resolution No. 58/NQ-CP dated April 21, 2023 of the Government on a number of key policies and solutions to support businesses to proactively adapt, recover quickly and develop sustainably by 2025; effectively implement the activities of the Special Working Group to remove difficulties and obstacles, support businesses, investors and investment projects in Ca Mau province.

In addition, the province focuses on overcoming shortcomings and limitations in the fight against illegal, unreported and unregulated fishing in preparation for the 5th inspection by the European Commission (EC).

Source: https://baoquocte.vn/ca-mau-thu-hut-dau-tu-vao-cac-du-an-dot-pha-295146.html