Bau Bang – destination of many investment projects as

With synchronous infrastructure, favorable terrain creates regional links to help investors save time, reduce costs and administrative procedures quickly resolved ... Bau Bang has attracted businesses in and abroad to invest. Capital inflows have had a positive impact, boosting the economic development rate of Bau Bang.

With the acceleration of administrative procedure reform and the synchronous implementation of infrastructure, Bau Bang district has become a destination for investors. In the photo: Production and business activities of RK Resources Company

Get good result

With the synchronous implementation of solutions in attracting investment, supporting the development of enterprises, building a favorable investment environment, Bau Bang industry has continued to develop with high growth. In 2019, the total production value reached more than VND 18,000 billion, an increase of more than 23% over the same period. Those figures are thanks in large part to good investment attraction.

Recently, Bau Bang district has been chosen by many investors as a destination to implement projects, including FDI projects up to hundreds of millions of USD. To achieve this success, apart from the provincial policies, Bau Bang district has made great efforts to create the best conditions for investors. Mr. Kazunori Uetsuji, General Director of Atago Vietnam Garment Co., Ltd, said that in the process of studying investment environment in Vietnam, Japan Atago Group surveyed a number of industrial parks nationwide. Finally Bau Bang IP of Binh Duong is a reliable place and meets the necessary requirements of the Atago Group to implement the project.

According to the leader of Bau Bang District People's Committee, in recent years, attracting domestic and foreign investment of the district has increased, more and more foreign investment projects with large capital invested in the district. To achieve this result, thanks to the investment calling policy of the provincial People's Committee, the locality has coordinated with departments and businesses to promote promotion and call for investment attraction. As a result, up to now, the whole district has attracted 912 projects, of which domestic investment is 746 projects with a total registered capital of nearly VND 28,000 billion, foreign investment is 166 projects with a total registered capital. 3.1 million USD. In 2019, the district has attracted 176 new registered projects and 21 projects registered to increase capital, with a total capital of more than 500 million USD and 1,800 billion VND.

Mr. Huang Wei Wen, General Director of Ampacs International Co., Ltd., said with the expansion of production investment, the Ampacs Group chose Bau Bang Industrial Park to build a factory to produce wired and wireless headphones. Mr. Huang Wei Wen highly appreciated the infrastructure in Bau Bang Industrial Park as well as the prompt resolution of investment-related procedures of Bau Bang district leaders. The factory in Bau Bang Industrial Park is the largest factory of Ampacs, with a total investment of more than US $ 50 million in two phases.

Create every favorable condition

One of the successes in attracting investment must include the flexibility in administrative reform, improvement of operating capacity and state management. District leaders pay attention to direct and create a favorable environment for investors, operating businesses and create the most favorable conditions for businesses and people in the process of implementing administrative procedures. according to the law. In 2019, the district was assessed by the Provincial People's Committee on the PAR index of 3/9 districts, towns and cities in the province.

According to the leadership of Bau Bang district, with the goal of striving to soon become an industrial and urban center in the north of the province according to the Resolution of the district Party Congress, Bau Bang has created all favorable conditions, built building a clear investment environment to attract and attract investors. Along with that, in recent years, in order to attract more investors, the district and investors have planned to continue to strengthen and innovate the campaign of investment promotion and promotion of advertising activities. promote, promote investment ... At the same time, the district focuses on implementing preferential policies to businesses in the area, creating a favorable environment for investors to deploy projects on the list of incentives. invest. Along with that, Bau Bang district resolves cases of asking for investment location agreement so that enterprises can soon implement the project.

Mr. Le Khac Tri, Chairman of Bau Bang District People's Committee, said that to continue increasing investment attraction, in addition to implementing the policy of "spreading the red carpet" to attract investment from the province and the district, the district also stepped up the reforms. administrative. At the same time, the district continues to strengthen investment promotion activities in existing industrial parks, which has been resolutely resolving outstanding cases in industrial park - Bau Bang urban area, quickly completing compensation work. clearance to implement the My Phuoc - Bau Bang force road, the Northern Tan Uyen - Phu Giao - Bau Bang force line ... Along with that, to boost investment attraction, the district also completes the transportation system, technical infrastructure development. In particular, focusing on the transport network connecting the district with other localities along the north - south, east - west axis and urban transport system ... to create synchronous development.

By offering consistent, appropriate solutions, believing that Bau Bang's socio-economic situation in 2020 and subsequent years will continue to grow at a high level, people's lives will continue to be highly improved.

Reported by Thoai Phuong – Translated by Vi Bao