Efforts to improve the investment environment in the direction of completing infrastructure; enhancing the responsibility of officials and civil servants, creating a public and transparent business environment; at the same time, promoting propaganda, advertising, and introducing the environment, policies, and investment potential of the province through many information channels... are the ways Quang Tri province has focused on implementing in recent times to improve the effectiveness of on-site investment promotion (XTDT).
Wood processing industry is one of the areas prioritized by the province in investment promotion - Photo: ML
In 2023, Quang Tri province issued many documents directing the implementation of solutions and policies to support and develop businesses and improve the investment and business environment. Based on the specific assigned tasks and goals, departments, branches and localities developed action plans and proposed implementation solutions for each unit.
Establish steering committees, support groups, and working groups to accompany and remove difficulties for businesses and speed up the approval of investment projects. In particular, the province has established the Quang Tri Provincial Administrative Reform Steering Committee; established a special working group headed by the Chairman of the Provincial People's Committee to remove difficulties and obstacles, support businesses, investors, and investment projects in the area according to the direction of the Government in Resolution No. 50/NQ-CP dated April 8, 2023.
The reception and working with foreign investors and enterprises must ensure professionalism and efficiency; the propaganda, promotion and introduction of the environment, policies, potentials and investment opportunities must be enhanced through online marketing in the province's investment, trade and tourism promotion activities.
In addition to promoting, advertising, and introducing the province's environment, policies, potentials, and investment opportunities on the media and newspapers, the Provincial Investment, Trade, and Tourism Promotion Center also continuously updates information and images to serve readers on the website ipa.quangtri.gov.vn and social networking sites such as fanpage, facebook, youtube...
Some of the province's promotion programs have spread, connected localities, and supported businesses in the area. Initially, there were investors, including large, prestigious corporations and companies in the country, the region and the world, who came to survey, work and learn about investment opportunities in Quang Tri province such as: Hoa Phat Group Joint Stock Company exchanged, learned to study and propose investment projects in the Southeast Economic Zone of Quang Tri province; Central Group Vietnam Corporation and Indochina Real Estate Investment and Trading Joint Stock Company came to learn about investment in building a commercial center in Dong Ha city; ENI Vietnam Energy Company came to discuss cooperation opportunities with Quang Tri province in developing gas energy projects in the Southeast Economic Zone of Quang Tri province; Infrastructure and Transport Construction Investment Joint Stock Company came to the province to agree on the location to organize the survey, prepare documents to request additional planning for the Intracom - Quang Tri Offshore Wind Power Plant project...
In 2023, Quang Tri province also received many proposals for investment in infrastructure construction projects (warehouses, ports, coal conveyor belts, etc.) from investors to transport coal from Laos to Vietnam through La Lay International Border Gate.
In 2023, the province approved investment policies/granted certificates to 50 registered investment projects with a total capital of VND 3,473.64 billion; 2 foreign direct investment projects were newly granted investment registration certificates with a total investment of 1.3 million USD. In the first 2 months of 2024, 7 projects were granted investment licenses with a total investment of VND 1,799.11 billion.
The orientation of the province's Investment Promotion Program in 2024 basically follows the Project on orientation to attract investment in Quang Tri in the period of 2023-2025, with a vision to 2030, approved by the Provincial People's Committee in Decision No. 447/QD-UBND dated March 16, 2023. The province determines to continue to effectively implement on-site investment promotion work.
In particular, investment promotion activities will focus on implementing three strategic breakthrough goals: institutional innovation, administrative reform; improving the quality and efficiency of human resources and strategic infrastructure, and transport infrastructure. Identifying enterprises as the target of service, the province will do a good job of orienting, supporting, stabilizing policies, and creating a favorable environment for enterprises.
Survey and learn about difficulties, problems and recommendations of enterprises to find solutions through proactively contacting and supporting enterprises in implementing investment procedures. Build and operate zalo groups of enterprises in the area to promptly interact, grasp the difficulties of enterprises, and at the same time propagate legal regulations quickly and effectively.
In addition, the province also focuses on propaganda, promoting local image, product brands and market development. It also focuses on training investment promotion skills for officials in charge of foreign affairs in the process of approaching foreign investors.
Prioritize attracting businesses and investors from traditional markets to invest in Vietnam, markets where investors have researched and surveyed in Quang Tri province. Research and evaluate the potential, trends and investment partners from countries with investment projects in the province such as Thailand, Korea, China...; at the same time, expand research on the potential of investors from the Netherlands, Australia, the US... to collect information to clearly identify the needs and investment trends of each partner, thereby proposing approaches, establishing communication channels and proposing effective forms of investment promotion organization, saving resources from the budget.
Mai Lam
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