Binh Phuoc takes the initiative to build and open the economy and attract investors

Friday - 17/06/2022 08:05
(BP Portal) - Attracting foreign and domestic investment has always been a particularly important target for growth and international economic integration of the province; Thus contribute to capital replenishment, enhancing management capacity, business capacity, and diversity of commodities into the global supply chain. In the past decade, provincial leaders have actively formulated and implemented economic opening policies in order to attract investors to learn and implement projects in the province.
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Chairman of the Provincial People's Committee Tran Tue Hien listens to recommendations from HCM Vina Co., Ltd. and a representative of Hankuk Carbon Group (Korea)
Developing quality human resources, improving competitiveness

For example, at the end of 2022 last year, in Ho Chi Minh City, the leader has made a reception and worked with the Indian Consulate General on a cooperation plan between province Binh Phuoc and the Indian Consulate General in Ho Chi Minh City in 2022.

At work, Binh Phuoc desires to promote the friendship cooperation relationship, trade promotion, research and investment cooperation activities, especially in coordination with the provincial trade industry to understand Binh Phuoc's exports and to drive these products to be exported to India.

In addition to the desire to benefit the two parties, the Consulate-general of India signed a mou to plan to organise the series of events at Binh Phuoc in 2022 to mark the 50th anniversary of the establishment of Vietnamese and Indian diplomatic relations, as well as in connecting, training human resources for Binh Phuoc, especially in areas where It has such strengths as agricultural techniques, or information technology in a variety of ways, including online training or tuition exemption or exemption for direct training.

Create all conditions for their production and business

Over the years, Binh Phuoc has been working to improve the investment climate, attracting business. This is typified by the construction of a 4 good foundation: Good infrastructure, good personnel, good policies, good public services.

On proposals from The Ho Chi Minh Vina Limited Liability Company and the representative of Hankuk Carbon Group on the issue of widening the scale of the plant over areas of land leased at the Becamex – Binh Phuoc industrial Park; Proposing recognition to the production industry in the field of high technology or construction materials; Support for enterprises in labor recruitment and stable supply of palaces in service of production and maintenance of products... Binh Phuoc will soon direct the relevant industries to consider and settle on the basis of compliance with the existing laws and to ensure their support to create all conditions most favorable for the production and business activities of enterprises.

With regard to a proposal of MDF Timber joint stock company VRG Dong Wha on finalling the dossier to the Prime Minister for approval of the policy of investment expansion; Early compensation for land clearance for the company to carry out the construction work; To support the installation of the power grid to ensure production needs.... Mr.Nguyen Manh Cuong - the secretary of the province Committee recommends that provincial departments, departments and branches work closely together to complete the necessary procedures as required by the company, in strict compliance with the regulations.

The wood holding company MDF VRG Dong Wha was established in 2008 as a joint venture between the Vietnam Rubber Group and Dong Wha Group. It has two production lines, totaling 480,000 m3/year. The company is expanding production of line 3 with a capacity of around 30 hectares of Minh Hung III (District C) with a total investment of US $150 million./.

Translator: Ms.Thao

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