Develop an overall strategy to attract FDI investment

Continuing the working program, on April 24, the Provincial Party Standing Committee met to listen and give opinions on the situation, results and solutions to improve the effectiveness of FDI investment promotion and investment support in the area. province in the near future with many important contents. Comrade Nguyen Xuan Ky, Member of the Party Central Committee, Secretary of the Provincial Party Committee, Chairman of the Provincial People’s Council, chaired the meeting.

Thanks to focused leadership, direction, and methodical strategies and plans; Improve competitiveness, support and remove difficulties and obstacles for businesses to attract multinational corporations and large enterprises with modern technology to invest in the province. Recently, promotion activities Investment in the province is happening vibrantly with many events. Quang Ninh has become an attractive destination for domestic and foreign investors thanks to administrative reform, building a healthy and transparent investment environment, creating solid trust for the business community, investors, Accordingly, the number of investors and businesses interested in the province is increasing.

According to the report of the Party Committee of the Provincial People’s Committee, the total capital attracted foreign direct investment (FDI) in the province in 2023 will reach over 3.24 billion USD, ranking 3rd in the country in attracting FDI capital flows. the most in the country. In the first 3 months of 2024, the total capital attracted FDI in the province reached 851 million USD, reaching 28.3% of the year plan.

To complete the goal of attracting FDI in 2024 of 3 billion USD, promotion and investment attraction work is currently being continued to be promoted. In particular, the preparation of conditions to attract investment into industrial parks. Currently, among the four industrial parks that still have room for development, they include: Texhong Hai Ha Industrial Park; Bac Tien Phong Industrial Park; Nam Tien Phong Industrial Park; Song Khoai Industrial Park, the area that can attract investors in 2024 is about 336 hectares. After a period of active implementation, up to now the source of backfilling materials has been initially resolved with the deployment of 39 mine sites with a total reserve of about 200 million m3. In addition, electricity, water supply and social infrastructure systems are also being focused on implementation.

Giving guidance on this content, the Provincial Party Standing Committee emphasized that to truly create breakthroughs in attracting FDI, it is necessary to build an overall strategy to attract FDI investment into the province in the period 2024- 2030, vision to 2050. Assign the Party Committee of the Provincial People’s Committee to develop a draft strategy and submit it to the Standing Committee of the Provincial Party Committee for consideration and decision. In particular, the content must closely follow the orientations determined in the Quang Ninh Provincial Planning for the period 2021-2030, vision to 2050, Resolution 01-NQ/TU of the Provincial Party Committee and other directions and decisions. Central and provincial direction. Principles and policies to attract FDI investment are: selective attraction filter investors, get Quality, efficiency, technology and environmental protection are the main evaluation criteria. Prioritize projects with advanced technology, new technology, high technology, clean technology, environmentally friendly, Modern management, high added value, great contribution to growth and State budget. Attracting FDI projects associated with sustainable development of industrial parks and economic zones truly becomes growth engines. Create a civilized and safe working and living environment; create jobs, increase income for workers and employees associated with improvement people’s quality of life.

The overall goal of the FDI attraction strategy until 2030 To be build and develop Quang Ninh into a modern service and industrial province; become the national tourism engine and international tourism center; marine economic center, logistics center, multimodal transport gateway connecting to China, Northeast Asia and ASEAN; Northern fisheries center, national energy center.

Directing a number of specific issues, the Provincial Party Standing Committee requires the overall strategy to attract FDI to clearly analyze the current situation as well as opportunities and challenges of Quang Ninh province. At the same time, propose strategic solutions to realize the goal of attracting 10 billion USD in the period 2020-2025. In particular, it is necessary to focus on analyzing the advantages when Quang Ninh is one of the first localities in the country to complete and have the Provincial Planning approved by the Prime Minister. The infrastructure system is invested synchronously, modernly, and overall. The local advantage is the quality of economic management and the best investment and business environment in the country. The room for development is still very large, especially in industrial parks and economic zones. With GRDP per capita in 2024 expected to reach over 10,000 USD, Quang Ninh has entered a new stage of development. All of these factors have created an overall picture of a modern, civilized locality, capable of accessing new world achievements.

Along with that, the FDI attraction strategy must also deeply analyze and clarify the truly fundamental issues and challenges for Quang Ninh. Especially issues of investment costs, opportunity costs, domestic and international competitiveness.

Regarding implementation solutions, the Provincial Party Standing Committee noted a number of main solution groups. In particular, investment criteria must be developed to select and prioritize investment attraction in accordance with planning and development orientation of industries, fields and areas. Review, supplement and adjust preferential mechanisms and policies for the development of the processing and manufacturing industry in accordance with development requirements in the new period. Innovate forms of investment promotion and business support, including the need to issue a list of projects to encourage foreign direct investment in all fields and in localities in Quang Ninh province. from now until 2030, with a vision to 2050 in many languages ​​to attract investment. Develop mechanisms and policies to develop industry clusters and supporting industrial value chains, and encourage businesses to invest in new technological equipment in the direction of advanced, modern, high-tech and development. green.

Take advantage of the trend of moving human resources in the region as well as nationwide. Especially the trend of shifting human resources when transport infrastructure projects connecting Quang Ninh with neighboring localities are completed. Continue to review the ability of the infrastructure system within industrial parks, economic zones, and social infrastructure to meet investment projects to have appropriate solutions and investment roadmaps. Maintaining the local brand as a leader in administrative reform and improving the investment and business environment. Innovate forms of investment promotion, business support, and mechanisms for assigning tasks to departments and branches to solve specific problems related to investment attraction. Establishment of the Provincial Investment Promotion Working Group to direct the approach and promotion of large, driving projects in the processing and manufacturing industry researched by domestic and foreign strategic investors. Research and propose solutions to take advantage of opportunities from international trade agreements that Vietnam has participated in. Promote regional linkages and international cooperation to attract investment.

Along with attracting FDI, the Provincial Party Standing Committee also assigned the Party Committee of the Provincial People’s Committee to develop a private economic development strategy. From there, create a foundation for the province’s sustainable and strategic development in the coming period.

On the same day, the Provincial Party Standing Committee listened and commented on the results of supervision of a number of Party committees and organizations in the work of building and rectifying the Party in the 2020-2023 period and a number of important contents. other.