Dien Bien promotes investment attraction

Update 26 - 05 - 2023
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As the province has many potential, advantages available such as: forest resources and forest land, minerals, hydropower, tourism... Over the years, Dien Bien province has stepped up its invitation to attract investors and large corporations with many promising projects that have been achieving important results.

The delegation of Dai An Joint Stock Company surveyed and researched investment in Ngoc Linh ginseng plant in Tuan Giao district.

In early March, Dai an Joint Stock Company (Hai Duong Province) came to Dien Bien to survey and research investment. Through the actual survey of some typical projects in the province, the Company has taken care of 3 areas in Dien Bien province such as: Developing new urban areas in Dien Bien Phu city; Developing medicinal plants under the forest canopy in Tuan Giao district and some ecotourism resorts.

Dai An Joint Stock Company is just one of many investors who have visited, surveyed and researched investment projects in the province. To promote investment attraction, in recent years, in addition to promulgating many policies and mechanisms on administrative reform, improving the business investment environment to attract investment. Dien Bien province also focuses on reviewing, researching and prioritizing the selection of strong sectors and fields such as Agro-forestry production; Tourism Services; Energy Resources Development and Urban Development to invite and attract investment. At the same time, strengthen connectivity and reach investors with the potential to register to implement projects in the province; attract selective investment in accordance with the objectives and requirements in the new situation.

Mr. Le Thanh Do, Deputy Secretary of the Provincial Party Committee, Chairman of the People's Committee of Dien Bien Province: "The Provincial People's Committee has created favorable conditions to invite and attract investors, enterprises to research and implement projects in the area. By the end of 2022, 35 projects have been implemented to facilitate investment attraction, 22 projects on investment attraction, Commercial Development, Services, Energy, small hydropower development projects to attract investors.”

The housing and commercial center project implemented by Vingroup group contributes to bringing a new look to Dien Bien Phu city.

With high determination, over the past time, Dien Bien province has attracted and welcomed a large number of enterprises and investors from non-state economic sectors interested in, researching, researching and proposing projects in the province. Since 2022, Dien Bien province has approved the investment policy and  issued investment registration certificates for 21 projects on hydropower, trade in services, agriculture - forestry, residential construction with a total capital of nearly 9,300 billion VND, bringing the total number of investment projects in the region to the current time of 200 projects, with the total registered capital of over 44,200 billion vnd.

“In order to continue attracting investment, the province has been implementing solutions focusing on finalizing Dien Bien province planning through the period to 2030, the vision to 2050 to submit to the Prime Minister for approval; completing the planning projects already implemented; completing the projects under research; continuing to promote administrative reform and improve the business investment environment." - Mr. Le Thanh Do, Deputy Secretary of the Provincial Party Committee, Chairman of the People's Committee of Dien Bien province, said.

From promoting investment attraction has had a positive impact in promoting economic growth, especially for investment capital from from programs and projects that have contributed to agriculture-forestry, construction industry, contributing to GDP growth of the province, gradually bringing Dien Bien to sustainable development./.

Source: Dienbientv.vn