Attracting FDI

This year, Quang Ninh aims for high economic growth exceeding 13%. Therefore, the province is providing close, flexible, and creative leadership and direction to promote socio-economic development in all sectors. In particular, Quang Ninh identifies attracting foreign direct investment (FDI) as a crucial factor in the local economic growth. Simultaneously, it is actively supporting and accelerating project progress, attracting high-tech and environmentally friendly FDI projects.

Recently, Winner Medical (Vietnam) Co., Ltd. commenced construction of the Winner Medical Vietnam Medical Supplies Manufacturing Plant Investment Project in Texhong Industrial Park - Hai Ha (Quang Ha commune). The project is invested by Nature Health Development International Co., Ltd. (headquartered in Hong Kong, China), a subsidiary of Winner Medical Group , one of the world's largest corporations specializing in research, development, production, and sales of medical equipment and supplies. The project covers an area of ​​over 9.2 hectares with a total investment of VND 1,583 billion (equivalent to over USD 60.5 million), including a research building, an exhibition building, and specialized production workshops. The plant is expected to be completed and operational in December 2027. Once operational, the plant will supply millions of products to the market annually, including medical bandages, high-quality wound care materials, and surgical supplies.

Construction has commenced on the Winner Medical Vietnam Medical Supplies Manufacturing Plant Investment Project at Texhong Industrial Park - Hai Ha (Quang Ha commune).

This is just one of many FDI projects that have been newly launched, expanding investment and production in the area recently. In the first four months of this year, Quang Ninh attracted over $222 million in FDI capital. To ensure the achievement of its growth target, Quang Ninh strives to attract $460 million in FDI capital in the second quarter of this year.

The growth of businesses and FDI investors has made a significant contribution to the province's budget revenue in the first four months, reaching VND 24,370 billion, equivalent to 61% of the six-month target and a 34% increase compared to the same period last year. Domestic revenue increased by 46% – with some items showing high growth such as non-state sector revenue (up 93%) and FDI revenue (up 29%).

To achieve positive results in economic growth, dialogue, meetings, and addressing difficulties and obstacles for businesses have received special attention, creating momentum and promoting business development. In particular, Comrade Bui Van Khang, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee, chaired a meeting with the FDI business community in the province, engaging in dialogue with businesses in the construction, mining, tourism, service, and import-export sectors to listen to and resolve difficulties and obstacles in production and business, promote administrative procedure reform, shorten processing times, and create favorable conditions for businesses to access land and capital; and orient the focus of FDI attraction from quantity to quality, prioritizing high-tech, environmentally friendly projects with high added value.

For example, recently, the Chairman of the Provincial People's Committee worked with the leaders of Amata Group and Marubeni Group on plans to expand investment in the province in the coming time. These are the investors of the Song Khoai Industrial Park infrastructure project. Currently, this industrial park has attracted 25 secondary investment projects, 100% of which are FDI projects, with a total registered investment capital of nearly 3 billion USD; an average investment per hectare of industrial land of approximately 17.5 million USD; creating jobs for about 4,400 workers.

With the motto of creating the best conditions for businesses and investors to develop sustainably, the Chairman of the Provincial People's Committee requested Amata Group and Marubeni Group to closely coordinate with localities in compensation and land clearance; focus resources to accelerate investment progress and complete the technical infrastructure of Song Khoai Industrial Park according to the approved schedule; and continue to promote and attract high-quality secondary investment to operate in Song Khoai Industrial Park in the coming time. The two groups should continue to pay attention to and coordinate research and propose investment opportunities suitable to the province's development orientation, including the Quang Ninh digital and free knowledge economic zone model as well as industrial parks with potential to attract investment in the province according to the Quang Ninh Provincial Planning for the period 2021-2030, with a vision to 2050.

With a strong commitment to reforming administrative procedures, creating the most favorable investment and business environment for enterprises, and continuing to accompany, guide, and provide maximum support to investors in all aspects, Quang Ninh is determined to build an attractive, transparent, competitive, and efficient investment environment. This will enable Quang Ninh to continue making breakthroughs in attracting FDI in 2026 and the following period.

Peace

Source: https://baoquangninh.vn/thu-hut-von-fdi-3408470.html