Ha Tien border gate in Mekong Delta of Kien Giang’s Ha Tien City. (Photo: VNA) Kien Giang (VNA) – The Mekong Delta province ofKien Giang will step up promotion to attract investment in industrial zones,border gate economic zones, while improving its business investment environment, and facilitating the development of all economic sectors.
Nguyen Thong Nhat, director of Kien Giang province’s Departmentof Planning and Investment (DPI), said in 2022, the province will prioritiseresources on infrastructure, and continue calling for investment in Thanh Locindustrial park phase 1, Vinh Hoa Hung Nam industrial cluster phase 1, Ha Tienand Giang Thanh border gate economic zones.
Solutions will be deployed to resume production inindustrial production areas, and support packages and policies will beeffectively carried out, thereby helping businesses overcome difficulties andrestore production and business, especially key industry sectors which arevulnerable to the pandemic.
The provincial relevant agencies will assist the connectionbetween businesses and domestic and foreign manufacturers, suppliers to revivethe consumption market. It is striving to restore all production and businessactivities of business establishments, industrial zones and clusters to producegoods and create jobs for workers, stabilising their lives.
This year, the province has approved in principle investmentfor 17 projects with total register capital of more than 2.5 trillion VND (113million USD), a decrease of 32 projects and a reduction of 22.2 trillion VNDcompared to last year.
According to the DPI, the province has 823 valid projectswith total register capital of over 544 trillion VND by the end of this year.Of these, 375 projects have been put into operation with nearly 67 trillion VND,accounting for 12.3 percent of the total capital.
Kien Giang has 10,592 valid enterprises by the year-end. Thenumber of newly-established enterprises tended to decrease while the number ofenterprises leaving the market was on the rise. As many as 1,200 new businesses were set up this year, adecline of 300 against last year’s figure.
It also recorded 1,072 enterprises withdrawn from the market, up723 compared with the previous year.
To remove obstacles in the investment process, the province has adoptedsome measures to assist firms as well as improve the quality of supportingactivities for them.
It has pushed up the implementation of online public service witha view to simplifying administrative procedures for businesses and residen﷽ts alongwith a reduction of electricity price f🐭or them./.
