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Thai Binh approved the investment promotion plan for 2017

On 24 April 2017, People’s Committee of the province promulgated document No. 1018/QD-UBND on the approval of the Investment promotion plan for 2017.

Embroidery line of Son Ha Co., Ltd.

Accordingly, the target of investment promotion in 2017 is to increase the number of projects and investment capital by 10% or more compared with 2016, focusing on large projects with high ability of budget remittances; high-tech projects, friendly environmental projects.

The province aims to attract the projects investing in industrial parks, industrial clusters with infrastructure investors such as Song Tra, Cau Nghin, Tien Hai Industrial Parks and Vu Thu, Tam Quang, Minh Lang, Nguyen Xa of Vu Thu District Industrial Clusters, Hong Thai Industrial Cluster of Kien Xuong District, Do Luong Township Industrial Cluster of Dong Hung District, Thong Nhat Industrial Cluster of Hung Ha District.

The province will continue to call on investors to invest in the infrastructure of Industrial Zones, Industrial Clusters in the province. It strives to attract 1 to 2 infrastructure projects for industrial zones and each district should have 1 or 2 additional infrastructure projects for industrial clusters.

The investment promotion plan for 2017 includes the following details:

To implement investment promotion activities in foreign countries such as investment promotion trips in Europe; to organize investment promotion trips in Japan, Korea, focusing on promoting investment with a specific province of Japan, Korea which has advantages in the fields of high-tech agricultural development, high technology development, supporting industrial development, processing of agricultural products, foods, aquatic foods, seafood, trading, education and training and other fields of mutual interest to advance cooperation, comprehensive development, exploitation to maximum potential, advantages, opportunities of each locality.

To participate in and organize domestic investment promotion activities such as: participation in domestic investment promotion conferences organized by ministries and central agencies to introduce the potential and strengths of the province, to attract capital from private investors in Thai Binh on the fields of high-tech agricultural development; to invest in the development of infrastructures of industrial parks and clusters, the manufacturing sectors of electric and electronic equipment, mechanical engineering, agricultural machines and equipment, etc.

To implement consulting activities, to promote investments. To synthesize mechanisms and incentive policies, attracting investments from the State and province; To organize training courses for officials and business owners in order to enhance the capability of production, business investment and business management skills for enterprises in the province, etc.

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