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Investment attraction situation in Quang Nam 2022

September 27, 2022 | News

Quang Nam has granted three new foreign direct investment projects with a total investment of nearly 23.5 million USD, bringing the total number of valid FDI projects in the province to 195 projects with total investment capital of more than 6 billion USD.

On July 9, the People's Committee of Quang Nam province said that in the first six months of 2022, it is more practical to attract investment and support business development and start-ups. By June, the area had 674 newly registered enterprises, up 0.4% over the same period, and the registered capital reached 4,455 billion VND.

In Quang Nam, nine important groups of content have been effectively implemented in announcing the Prime Minister's conclusions that have been agreed to by Quang Nam province. Quang Nam considers these critical tasks to promote, attract and mobilize resources of the whole society to focus on building essential infrastructure, strategies, and policies. Support the province's development in the coming period.

“Building and operating a startup ecosystem for scientific innovation, expanding connections, inspiring spread, and encouraging creative startups, such as successfully organizing the Creative Startup - Digital Transformation festival - The third OCOP product in Quang Nam province in 2022, with the participation of more than 600 startup products from 10 regions and cities nationwide, creates a strong connection and exchange wave for the startup ecosystem,” Quang Nam province leader said.

Besides, Quang Nam Provincial People's Committee added that by the end of June, the province had 674 newly registered enterprises, up 0.4% over the same period, and the registered capital reached 4,455 billion VND.

Three new foreign direct investment projects with a total investment of nearly 23.5 million USD, bringing the total number of valid FDI projects in the province to 195 projects with a total investment capital of more than 6 billion USD. Newly granted 29 domestic investment projects with a total registered capital of nearly 5.6 trillion VND, bringing the total number of valid projects in the province to 940 projects with a total registered capital of almost 240 trillion VND.

To do this, Quang Nam continues to accelerate the progress of implementation, solve difficulties and problems, and promptly correct mistakes made by investors in projects.

Provincial Competitiveness Index (PCI) in 2021 Quang Nam ranked 19th out of 63 provinces and cities nationwide in the plasticizing group, up 0.52 points.

In particular, continue to implement the Resolution of the Provincial Party Committee and the Resolution of the Provincial People's Council on socio-economic development in mountainous areas in the period 2017-2020, with orientation to 2025", Quang Nam Provincial People's Committee informed

Particularly for new rural construction, Quang Nam province expects that by the end of 2022, there will be at least five more communes meeting new rural standards, bringing the total number of communes meeting new rural standards to 123 communes meeting new rural standards, reaching the rate of 63.4%. We are mobilizing resources for sustainable poverty reduction, reducing poverty re-poor and new poverty generation, and striving to reduce at least 3,000 poor households according to the proposed plan.

In the last months of 2022 and the coming time, Quang Nam continues to implement the socio-economic recovery and development program according to the conclusions of the Politburo, the National Assembly, the Government, and the Provincial Party Committee. Determining the disbursement of public investment capital is a crucial political task in 2022.

Focus on implementing investment preparation for new construction project2022 – 2025, especially key projects, the 50th-anniversary project of the Liberation Day of Quang Nam Province (1975-2025), The XXIII Congress of the Party Committee of Quang Nam Province, term 2025-2030.

“Improve the effectiveness and efficiency of budget revenue and expenditure management and strictly manage public investment; continue to restructure the budget, increase the proportion of sustainable revenue sources from taxes and fees; strengthen collection management measures, well implement e-invoices, fight against tax loss, transfer pricing, and tax evasion; strictly control the revenue from land money ... ", Quang Nam leader emphasized

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