Hau Giang prioritizes attracting large-scale projects and highly competitive products.

Hau Giang focuses on attracting projects that use high technology, are environmentally friendly, create products with high added value, contribute greatly to the budget, are less labor-intensive, and use land economically.

On March 1, Vice Chairman of Hau Giang Provincial People's Committee Truong Canh Tuyen signed and issued the Investment Promotion Program for 2024 in Hau Giang province.

Accordingly, Hau Giang province orients activities under the province's Investment Promotion Program in 2024 to closely follow the Hau Giang Provincial Planning for the period 2021 - 2030, with a vision to 2050; the Mekong Delta Regional Planning for the period 2022 - 2030, with a vision to 2050.

Deputy Prime Minister Tran Luu Quang and leaders of Hau Giang province congratulated investors and enterprises receiving investment registration certificates, investment memorandums of understanding... at the Conference to announce the Hau Giang Provincial Planning.

Investment promotion activities need to focus on achieving the three strategic breakthroughs: Institutional innovation, administrative reform; improving the quality and efficiency of human resources and strategic infrastructure, traffic infrastructure...

Specifically, Hau Giang determined to attract investment focusing on 4 pillars according to Resolution No. 04-NQ/TU dated November 26, 2021 of the Provincial Party Executive Committee, which are "Modern industry, ecological agriculture , smart urban areas and quality tourism".

Attract foreign direct investment (FDI) in agricultural and rural development; focus on applying advanced science, technology and techniques in the above production sectors to ensure project efficiency and connect the value chain of the province's strong products.

Focus on attracting projects using high technology, modern technology, clean technology, and environmentally friendly technology to create products with high added value, contribute greatly to the budget, are less labor-intensive, use land economically, have high investment efficiency, have spillover effects, and connect global production and supply chains.

Focus on attracting modern commercial and service center projects; high-quality entertainment complexes; service business center subdivisions, high-end 5-star hotels, themed entertainment areas; large-scale hotel and resort complexes associated with tourist areas, spots and routes to form a diverse tourism service chain with high economic value. Prioritize attracting investment in infrastructure and developing eco-tourism services, tourism products associated with protecting natural ecology and preserving national cultural products.

Promoting key investment, orienting to attract investors in industrial park infrastructure, processing and manufacturing industries, renewable energy and supporting industries; urban construction projects; social housing areas; logistics infrastructure projects.

In attracting investment, Hau Giang province prioritizes the selection of large-scale projects with highly competitive products, participating in the global value chain of transnational corporations, thereby building and developing a system of supporting industries; encouraging industrial projects to shift from processing to manufacturing.

The total budget for implementing investment promotion activities in 2024 of Hau Giang province is about 4.85 billion VND; of which, the provincial budget is 3.25 billion VND and mobilized resources are 1.6 billion VND.

According to the People's Committee of Hau Giang province, in 2023, the province will issue 15 new investment policies outside industrial parks with a registered capital of more than VND 2,365 billion, and 1 FDI project with a registered capital of more than USD 23.6 million. To date, the province has 326 domestic investment projects with a total investment capital of more than VND 186 trillion and 25 FDI projects with a total registered capital of more than USD 631 million.

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