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(Haiphong.gov.vn) – On the morning of February 7, comrade Le Van Thanh, Member of the Party Central Committee, Secretary of the City Party Committee, Chairman of the City People's Council worked with investors […]

(Haiphong.gov.vn) - On the morning of February 7, comrade Le Van Thanh, Member of the Party Central Committee, Secretary of the City Party Committee, Chairman of the City People's Council worked with industrial park infrastructure investors to remove difficulties and promote investment attraction in industrial parks in the city; awarded Investment Certificate to LG Display Vietnam Hai Phong Co., Ltd. Also attending were comrades: Nguyen Van Tung, Deputy Secretary of the City Party Committee, Chairman of the City People's Committee; Le Trung Kien, Member of the Standing Committee of the City Party Committee, Head of the Management Board of Hai Phong Economic Zone; Pham Van Lap, Member of the Standing Committee of the City Party Committee, Secretary of the Thuy Nguyen District Party Committee and leaders of relevant departments, branches and localities.
Hai Phong currently has 12 industrial parks that are investing, constructing, and trading infrastructure (including 8 industrial parks located in Dinh Vu - Cat Hai EZ with an area of 4,175 hectares and 4 industrial parks outside the EZ with an area of 762 hectares).

Comrade Le Trung Kien, Head of Hai Phong Economic Zone Management Board, reported at the meeting
According to a report from the Management Board of Hai Phong Economic Zone, after 30 years, industrial parks and economic zones in the city have attracted 570 domestic and foreign projects (403 FDI projects with a total investment capital of 17.1 billion USD and 167 domestic investment projects with a total investment capital of 145,885 billion VND, equivalent to 6.2 billion USD). Attracting foreign investment (FDI) in the 5 years from 2016 to 2020 reached 8.7 billion USD, an increase of 47% compared to the period 2011-2015 (5.9 billion USD), accounting for 53% of the total accumulated FDI attracted since the establishment of industrial parks (1994).

Chairman of the City People's Committee Nguyen Van Tung spoke at the meeting
By 2020, the industrial park and economic zone area will account for nearly 80% of industrial production value and over 70% of the city's export turnover, contributing to increasing budget revenue, improving the competitiveness and international integration ability of the city's economy. In 5 years, from 2016 - 2020, industrial parks and economic zones in the city contributed to the total state budget revenue (Customs revenue and domestic revenue) of VND 31,769 billion. In 2020, budget contribution reached 8,803 billion VND, equal to 88% compared to the same period last year, reaching 107% of the plan.
In the period 2021-2025, the Hai Phong Economic Zone Management Board will deploy the establishment of 15 new industrial parks with an area of 6,418 hectares.

Awarding the investment registration certificate for LG Display Hai Phong Project
At the Conference, Chairman of the City People's Committee Nguyen Van Tung awarded the Investment Registration Certificate of LG Display Hai Phong Project to LG Display Vietnam Hai Phong Co., Ltd., adding an additional 750 million USD, bringing the total investment capital of the whole project to 3.25 billion USD, becoming the investment project with the highest foreign investment capital in Hai Phong city. The project is expected to begin implementation in March 2021 and will officially be put into production in May 2021. During production, about 5,000 additional workers will be recruited; solving housing needs for about 10,000 workers and experts; will annually contribute about 5 million USD to the State budget (personal income tax). Determining this as a large project, previously, the Hai Economic Zone Management BoardThe city's departments and agencies have focused on resolving investment procedures and issuing Investment Registration Certificates for the project in 5 days, showing great determination in reforming administrative procedures, improving the business investment environment, making Hai Phong an important destination for domestic and foreign investors.

Investors and businesses spoke at the meeting
Investors and businesses expressed their gratitude to city leaders, Hai Phong Economic Zone Management Board and departments, branches and localities in recent times for creating favorable conditions for domestic and foreign corporations and businesses to successfully invest in the city. At the same time, stated a number of difficulties and obstacles related to site clearance, land, investment procedures, and the impact of the COVID-19 epidemic on production and business; Propose to the city some solutions in the near future.

Comrade Le Van Thanh, Secretary of the City Party Committee, Chairman of the City People's Council spoke at the meeting
Speaking at the Conference, Mr. Le Van Thanh, Secretary of the City Party Committee, Chairman of the City People's Council highly appreciated the positive contributions of Industrial Parks and Economic Zones, including the important role of the Hai Phong Economic Zone Management Board and departments, branches, localities, infrastructure investors, and businesses to the overall development of the city; At the same time, he affirmed: Given the potential and advantages of the city that have been identified by the Central Committee and the Resolution of the 16th Congress of the City Party Committee, in the coming period, the city will continue to focus on making industry become the city's largest key industry, this is one of the three main pillars of economic development of the city.
To achieve the set goal, the Secretary of the City Party Committee requested the City People's Committee, Hai Phong Economic Zone Management Board, sectors and localities to continue to promote administrative procedure reform to remove difficulties for industrial parks and economic zones. He affirmed that the city will create favorable conditions for infrastructure investors to attract investment and requested that investors and businesses must comply with the approved planning, develop quickly but sustainably, without affecting the environment.
Comrade City Party Secretary Le Van Thanh also noted that the Management Board of Hai Phong Economic Zone, departments, branches and localities must promote propaganda, management and supervision so that foreign investors understand and seriously comply with the provisions of law, especially issues related to planning, land, construction, ensuring the modern and sustainable development of the city.
Hoang Tung
haiphong.gov.vn