Bao Yen commune is stepping up efforts to attract investment in key sectors.

Potential and development direction

The Pho Rang small-scale industrial cluster, located south of the old Pho Rang town, boasts a prime location bordering the Chay River and National Highway 70, making it an ideal site for factories and production facilities.

Overview of the Pho Rang Small-Scale Handicraft Cluster.

In this cluster of small-scale industries, 16 production facilities operate efficiently and bring to market many products that have established their brands, such as Dai Hung Tea Factory and Trieu Duong cinnamon essential oil facility.

These units not only contribute to increasing the value of local products but also promote economic restructuring. The value of industrial and handicraft production in the commune currently reaches 96 billion VND/year, with main products including: tea, veneer, cinnamon essential oil, cassava starch, giang leaves, and household wooden furniture.

Along with this industrial cluster, Bao Yen commune is currently accelerating the planning and investment in completing the technical infrastructure of other industrial clusters to attract businesses.

With its expanded natural area following the merger, Bao Yen commune possesses favorable conditions for the comprehensive development of all economic sectors. Its diverse topography, climate, and soil are suitable for high-value economic crops such as tea, cinnamon, medicinal herbs, and fruit trees, creating a foundation for sustainable agricultural development.

Furthermore, Bao Yen commune possesses abundant forest resources, creating favorable conditions for the development of forestry, wood processing, and forest products. This also serves as a foundation for the commune to attract investors in the agricultural and forestry processing sector, contributing to increasing the value of the local product chain.

Bao Yen has great potential to attract investment in the development of the agricultural and forestry product processing industry.

According to the development plan for the next phase, the commune is planning a high-tech agricultural zone with an area of approximately 250 hectares, focusing on developing key crops such as tea, bananas, and medicinal plants.

Based on this, the commune is calling on businesses to invest in building preliminary processing plants, drying facilities, and packaging plants to enhance value and create a sustainable production-processing-consumption chain.

The commune is also orienting its tourism development towards an ecological, cultural, and spiritual direction, with a focus on the Phuc Khanh temple complex and surrounding area, covering an area of 30 to 40 hectares.

The commune is calling for investment in the construction of resorts, homestay models, and centers for introducing and selling OCOP products. Connecting this area with tours and travel routes of neighboring localities will contribute to the formation of a unique tourism product chain, attracting tourists to Bao Yen commune.

Processed cinnamon products from Bao Yen enterprise.

Regarding industry and handicrafts, the commune prioritizes attracting projects in processing timber from planted forests, producing essential oils, and developing handicrafts associated with preserving ethnic culture. This will gradually lead to the formation of concentrated production areas, creating jobs and increasing income for the people.

Unlocking resources for development

By 2030, Bao Yen aims to achieve an average annual product value growth rate of approximately 10%; per capita income exceeding 68 million VND/year; virtually no more poor households according to the new standards; a trained workforce rate of 78% to meet economic development needs; and attract 5-7 investment projects in high-tech agriculture, processing industries, and ecotourism.

Achieving this goal requires unlocking all resources and effectively utilizing the potential and strengths of the locality.

In response to this need, Bao Yen commune has been focusing on completing its planning work, creating a foundation for the development of key areas. Emphasis is placed on new spatial planning to form concentrated production zones and community tourism destinations, while simultaneously developing synchronized infrastructure to create favorable conditions for investors.

Tea factory in Pho Rang Small-Scale Industrial Cluster.

In the context of increasing competition among localities, they must continuously improve their internal capacity and focus on comparative advantages. Therefore, Bao Yen will accelerate administrative reforms, create a transparent investment environment, and support businesses.

One of the key steps is to establish investment support teams at the commune level, publicly disclosing the list of planning and priority areas for investment attraction through digital maps and local electronic portals.

The commune also recognizes that land consolidation and concentration are essential conditions for developing commercial agriculture. The commune government promotes policy dissemination to foster consensus among the people; and organizes production according to a model of linkage between enterprises, cooperatives, and households. Enterprises invest capital, technology, and guarantee product purchase, while people contribute land, labor, or directly participate in production. Local authorities play a supporting and connecting role, ensuring sustainable linkages.

Infrastructure continues to be a priority area for investment, especially inter-village and inter-commune transportation systems, with the goal of achieving a paved road rate of over 90%. At the same time, the commune focuses on investing in the comprehensive development of school facilities, healthcare, rural markets, and other welfare projects to improve the quality of life for the people. The central urban area of the commune will be planned and upgraded in a comprehensive and modern manner, creating a civilized and sustainable living space.

The production of cinnamon essential oil yields high economic value.

The commune is also actively expanding regional linkages, coordinating with neighboring communes to form concentrated raw material areas to serve large-scale production. Regular meetings and dialogues with businesses and cooperatives to attract investment will be held. Based on this, a cooperative relationship for mutual development will be formed between the government, businesses, and the people, using linkages as the foundation for sustainable socio-economic development.

The commune is developing preferential mechanisms and policies to encourage businesses, cooperatives, and individuals to invest in key sectors. At the same time, the local government is committed to accompanying and supporting investors throughout the project implementation process.
Mr. Duong Manh Thang - Head of the Economic Department of Bao Yen Commune

Leveraging local potential and strengths, coupled with attracting investment in key sectors, not only creates momentum for development in the immediate future but also aims for long-term sustainable development. With the determination of the government and the consensus of the people, Bao Yen commune is concretizing the Resolution of the First Party Congress of the commune into practical actions to achieve the goal of becoming a developed commune of the province by 2030.

Source: https://baolaocai.vn/xa-bao-yen-day-manh-thu-hut-dau-tu-vao-cac-linh-vuc-mui-nhon-post888892.html