The key to Quảng Ninh’s modernization is manufacturing and processing | So Good News

November 26 Vietnam

Quảng Ninh – The processing and manufacturing industry has been identified as a key sector that can drive the modernization of Quảng Ninh, a northeastern province.

The guidance was chosen in the first resolution of the District Party Committee for 2020-25.

Use modern and clean technologies to reduce resource loss; Special priority is given to businesses that create high-value products and participate in global value chains.

Quảng Ninh Province is industrial, Close integration between services and agriculture has been identified; The process and manufacturing development associated with the sustainable development of Industrial Parks (IPs) and Economic Zones (EZs) has become a driving force for growth.

The state has industrial parks, Modern, “3 in 1” model of urban areas and service zones. Emphasis is placed on development through technological and social infrastructure systems and convenient services. It aims to create a civilized and safe working and living environment.

Port system in Quảng Ninh; logistics services; It has the advantages of direct connections to the IPs and the highways running through the province and the Hà Nội – Hải Phong highway and the border crossings with China. It rapidly expands the state’s processing and manufacturing industries. It encourages strong and sustainable development and makes an important contribution to its sustainable growth in the 2020-25 period.

The People’s Committee of Quảng Ninh Province formulated Action Program No 01/CTr-UBND and implemented Resolution 01-NQ/TU simultaneously and methodically. In addition, monitoring A road map has been drawn up to facilitate inspection and supervision.

Land funds in the best and most favorable locations are prioritized for investment projects to build labor and social housing, with modern and synchronized socio-cultural institutions to attract and retain workers working in the state’s process and manufacturing IPs. Local authorities are actively clearing land to create land funds for investors.

Quảng Yên City People’s Committee Chairman Trần Đức Thắng said that local authorities have aggressively implemented land clearing to create conditions for investors for IP’s infrastructure projects. There are currently five IPs spread across hundreds of hectares in the city and ready to welcome secondary investors.

During the COVID-19 pandemic, Quảng Ninh focused on implementing timely solutions to keep the area safe and productive for manufacturing businesses and industries.

In addition, administrative reform in the state; It helped to improve the business investment environment and improve competitiveness.

Licensing time for investment projects continued to set new records. Jinko Solar Vietnam silicon wafer technology project, with a total investment of nearly US$500 million, was granted an investment registration certificate within 24 hours after receiving a complete application. After only four months of construction, the project was launched seven months ahead of schedule.

Initial successes

After two years of implementation of Resolution No. 01-NQ/TU. The proportion of manufacturing and manufacturing industries in building the Gross Regional Domestic Product (GRDP) of Quảng Ninh Province has increased significantly. The manufacturing and manufacturing sector is gradually moving closer to the 2025 goal of equaling 15 percent of GRDP and an increase of 1.04 percent per year.

The sector’s average growth rate over the past two years has been approximately 19 percent; This is higher than the average of 17 percent per year specified in the resolution.

The province has raised capital for 14 new projects and five manufacturing and manufacturing projects over the past two years. Among them, ten new projects to raise capital in 2021 and four others were reformed. In the first nine months of 2022, the state had four new projects, while another project increased its capital.

The total investment capital attracted in production and manufacturing reached over VNĐ 32.9 trillion. Foreign direct investment (FDI) capital reached US$1.1 million, reaching 65.8 percent of the target of VNĐ 50 trillion by 2025, an average of VNĐ 10 trillion per year.

Projects in processing and manufacturing have created jobs for nearly 10,000 new employees, bringing the total number of people employed in the sector to more than 63,000.

Quảng Yên City, along with the coastal economic zone of Quảng Yên, is the nucleus and growth engine of Quảng Ninh on the western route, urban areas, industrial zones, It is being developed under the ‘Smart City’ model with services and smart modern ports.

Chairman U Thang said that there are five IPs that are investing, building and starting operations in the city as a very important contribution to the city’s economic development.

In addition, Quảng Yên Town has attracted international investors in Quảng Ninh’s processing and manufacturing industries.

The structure of Quảng Yên’s industrial-construction sector is changing drastically as the repair and manufacturing sector’s contribution to the economic structure is rapidly increasing.

The value of production and production in the area reached VNĐ 9.5 trillion in the nine-month period, accounting for 88 percent of the total industry in the city and up 73.5 percent from the same period last year.

Initial results confirmed that processing and manufacturing is an important economic sector. It has become the mainstay of the region and a practical step to solidify the policy of industrialization and modernization.

He also said that Resolution No 01-NQ/TU is one of the strategic and thoughtful decisions of Quảng Ninh Province, which creates important points to attract processing and manufacturing projects and create smart developments in the coming times.

In order to achieve the above goals, Nguyễn Xuân Ký, Secretary of the Provincial Party Committee and Chairman of the People’s Council of Quảng Ninh Province, called on organizations to continue to innovate in an active and professional manner in investment promotion and attraction. In addition, criteria will be established for selecting secondary investors in IPs in the state to ensure green and sustainable development.

It encourages infrastructure investors of IPs to accelerate the growth of synchronized infrastructure investment; He urged to attract social infrastructure and essential services for employees.

At the same time, the state government will improve the labor structure to improve competitiveness. Emphasis was placed on policies to train and transform the training workforce. The right drivers and key sectors are identified to prioritize resources for development and investment. – VNS