One of the activities to improve the investment environment, promptly remove difficulties, and accompany enterprises is that the province has focused on organizing regular meetings with enterprises to discuss, evaluate and evaluate the quality of socio-economic management of the province, departments, branches and localities; listen to the voice of the business community; proactively support enterprises in resolving investment procedures. Especially with the establishment of the Investment, Trade and Tourism Promotion Center (referred to as the Center) implementing a new model with the combination of 3 functions of investment, trade and tourism promotion, acting as a focal point to quickly resolve investment and business procedures, remove difficulties for enterprises; at the same time, coordinate activities with provincial departments, branches and branches; carry out investment promotion program activities, advise on the successful organization of conferences to connect, promote investment, sign cooperation agreements with provinces...
In recent times, the province has also focused on developing synchronous transport infrastructure connecting with Ca Na general port, routes connecting with the North-South expressway, regional connecting routes, corridors, and inner-city roads to promote economic growth and attract investment. Up to now, the road and waterway traffic network in the province is quite convenient for trade within the province and the region, especially when the Cam Lam - Vinh Hai expressway is about to be put into operation, shortening the travel time of vehicles from Ho Chi Minh City, the southern provinces to the province and vice versa. Along with that, the province also focuses on investing in infrastructure of industrial zones and clusters, ensuring conditions to attract secondary investors, proactively anticipating the investment flow shifting to localities.
Production of stuffed animals by Innoflow NT Co., Ltd. in Du Long Industrial Park (Thuan Bac). Photo: Van Ny
In 2023, in the context of many difficulties in production, business and investment of enterprises, the province has focused on drastically and synchronously implementing solutions to improve the investment and business environment, promptly supporting investors to remove difficulties in implementing projects, such as investment procedures, land, compensation, site clearance, etc., especially in breakthrough and pillar areas of renewable energy, high-quality tourism, real estate business, high-tech agriculture. By the end of 2023, the province had decided on investment policies and adjusted investment policies for 58 projects/VND3,033.4 billion, of which the investment policy decision and investor approval were simultaneously made for 14 projects/VND780.23 billion; the decision to approve investment policies (to serve as a basis for selecting investors) for 2 projects/VND170 billion; Adjusted investment policy decisions for 42 projects with a total additional capital of VND 2,083.2 billion. Since the beginning of 2024, the province has granted investment policy adjustments for 4 projects with a total additional capital of VND 349 billion. Despite many difficulties, since the beginning of the year, the province has had 13 newly established enterprises and 32 enterprises returning to operation, bringing the total number of operating enterprises to 4,361 as of February 20, 2024, with a total registered capital of VND 90,776 billion.
In order to support and remove difficulties and obstacles for enterprises; speed up the implementation of investment projects, the province has a Plan to implement Resolution No. 02/NQ-CP dated January 5, 2024 of the Government on key tasks and solutions to improve the business environment and enhance national competitiveness in 2024; Immediately after the Tet holiday, the provincial leaders organized delegations to visit and encourage production establishments and enterprises. Currently, the province is urgently directing the implementation of preparations for organizing the Conference to announce the provincial planning associated with investment promotion (expected in March 2024), as a basis for attracting investment in socio-economic development projects according to the Ninh Thuan Provincial Planning for the period 2021-2030, with a vision to 2050 approved by the Prime Minister.
Workers of Canh Dong Viet Food Joint Stock Company on production shift. Photo: U.Thu
In 2024, the province identified removing difficulties and bottlenecks in policies and mechanisms, and unblocking resources to create favorable conditions for enterprises to conduct production, business and investment activities as one of the three important breakthroughs; taking enterprises as the center, the driving force and the goal for development, strongly improving the investment and business environment, supporting and promoting private economic development; perfecting mechanisms and policies to attract investment in the province; more substantially reducing administrative procedures and business conditions. Continuing to review and remove limitations and shortcomings in mechanisms and policies related to investment procedures, planning, land, construction, site clearance, fire prevention and fighting, and environment; having solutions to facilitate access to credit capital and labor force to serve production and business for enterprises. Along with that, promoting administrative reform, administrative procedures, improving the investment and business environment; Research and propose to reduce the list of conditional investment and business sectors and continue to propose to reduce and simplify business conditions; optimize inter-sectoral administrative processes and procedures. Maintain regular and thematic business dialogues to promptly grasp and resolve difficulties and problems for businesses.
Continue to promote and introduce the investment environment, the list of projects calling for investment and invite enterprises to invest in the province; connect domestic and foreign enterprises and investors, especially large investors, corporations and general companies with financial potential and capacity, operating in multiple sectors and fields to call for investment in the province. Coordinate with provinces and cities in the Central Coast and Central Highlands regions, Ho Chi Minh City, Hanoi and other potential cities that have signed cooperation programs with the province to implement cooperation programs, create regional, sectoral and sectoral linkages; at the same time, continue to participate in major events, investment and trade promotion activities, and connect enterprises abroad (India, Japan, Korea, Singapore, the US, etc.) organized by central ministries and branches to promote and attract foreign investors to the province.
Mr. Tuan
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