Billion-dollar projects
In August 2024, the Standing Committee of the Hai Duong Provincial Party Committee approved the investment plan and assigned the Party Committee of the Provincial People's Committee to direct the Provincial People's Committee to implement the logistics port project in Minh Hoa commune, Kinh Mon town. This project is invested by Duc Duong Co., Ltd. with a total capital of over 1,400 billion VND, utilizing approximately 34.6 hectares of land in Minh Hoa commune (Kinh Mon).
The project will build a logistics service center, contributing to the development of the province's logistics services with comprehensive, high-quality services. Priority will be given to serving container ports, import and export goods, agricultural products, and bulk materials (coal, ore, construction materials, etc.). The logistics service will handle approximately 280,000 TEU of containerized cargo per year and 1 million tons of bulk cargo per year. The project includes three oil and cargo jetties, a 48,000 m³ oil storage facility, and a 3.3-hectare mixed-use commercial service area.
Last October, the Provincial People's Committee also approved the investment policy and approved the Vietnam Maritime Corporation as the investor to implement the Ninh Giang Inland Waterway Port Project, covering an area of over 27 hectares in Hong Phuc and Kien Quoc communes (now Kien Phuc commune, Ninh Giang district). The total investment is expected to be over 1,496 billion VND, of which over 448.9 billion VND is the investor's own capital and nearly 1,048 billion VND is borrowed capital. The project's operating period is 50 years.
Earlier, at the beginning of January 2024, the Provincial People's Committee approved the investment plan and the investor for the Hai Duong Commercial Center Project. Accordingly, the Hai Duong Commercial Center is invested by Tuan Kiet HD Trading and Service Joint Stock Company with a total capital of 1,220 billion VND. Currently, land clearance is underway, and construction is expected to begin in early 2025 and be completed and put into operation in the fourth quarter of the same year. The investment in building this commercial center will create a place for trade, commerce, various types of services, entertainment, food , etc., serving the lives of people in Hai Duong City and surrounding areas and neighboring provinces, contributing to the development of the city in particular and the province in general.
A new trend in attracting domestic investment in 2024 is that most of the selected projects are quite large-scale and of good quality. Many projects are linked to the development of ecotourism , spiritual tourism, and healthcare, such as the Thanh Long Lake Ecotourism Area Project (Chi Linh), and the Green International Hospital in Lien Hong commune (Hai Duong city)...
Attractive destination
In 2024, Hai Duong's total registered domestic investment capital reached over VND 11,489 billion, a 20% increase compared to 2023. The province approved the investment in 53 new projects with a total registered capital of VND 8,048 billion. These new domestic investment projects are concentrated in the fields of trade, services, industrial park infrastructure, processing and manufacturing of industrial products, agriculture, and eco-tourism. This also marks the second consecutive year of high domestic investment growth in Hai Duong. Investment projects not only make an impression in terms of scale but are also increasingly being carefully selected, screened, and assessed for quality.
To achieve impressive results in attracting domestic investment, Hai Duong province has recently implemented many comprehensive solutions to attract and improve the investment and business environment, ensuring that the province remains a reliable and safe "destination" for investors.
In January 2024, Hai Duong province announced its Provincial Planning for the period 2021-2030, with a vision to 2050, and promoted investment. This is a significant milestone for the province to gradually realize its potential and advantages, while also guiding investment attraction efforts for managers, investors, and the business community. From this, clear directions are established regarding the main pillars of industrial development, key industrial zones; investment attraction portfolios, and investment restrictions. This serves as a "guiding principle" for the province's investment attraction both now and in the long term.
To prevent infrastructure from becoming a bottleneck in attracting investment, Hai Duong has focused on implementing many infrastructure systems, especially transportation and factory infrastructure, to meet the production and business needs of enterprises. In 2024, many new transportation projects were implemented or completed, such as the interchange connecting Provincial Road 392 in Binh Giang district with the Hanoi-Hai Phong expressway, and the interchange connecting National Highway 5 in Kim Xuyen commune (Kim Thanh district)...
In addition, new industrial parks and clusters are being urgently developed to attract investors. Besides the 12 industrial parks currently in operation, the province is determined to clear land and quickly build infrastructure for 5 new industrial parks.
In attracting investment, Hai Duong always prioritizes building a transparent and fair investment environment; actively reforming administrative procedures such as accelerating the processing of administrative documents online and shortening the processing time for administrative procedures related to investment and business. Currently, the time to issue investment registration certificates for projects not requiring investment policy decisions has been reduced from 15 days to 7 days.
The results of attracting domestic investment in 2024 continue to affirm Hai Duong as an attractive destination for investors. This is also the driving force for breakthroughs and the promotion of the province's socio-economic development in the coming time.
HA VYSource: https://baohaiduong.vn/hai-duong-hut-von-noi-401347.html
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