Building Nghi Son Economic Zone become motivation for economic development of Thanh Hoa

Management Board of Nghi Son Economic Zone evaluate the current state of technical infrastructure in Nghi Son Economic Zone and industrial zones in the province in a particular way, which makes the basis of proposals to Committee, People’s Council, People’s Committee to balance additional budget for the Nghi Son Economic Zone.
Building Nghi Son Economic Zone become motivation for economic development of Thanh Hoa

On May 7th, Economics and Budget Committee Provincial Council by Mr. Phung Ba Van, Standing Committee member, Head of Organizing Committee, Director of Economics and Budget Provincial Council head of delegation, made chief monitoring the implementation of some projects in the economic zone (Economic Zone) Nghi Son. Join missions with Provincial Council Permanent Representative, Office of the delegation National Assembly and Provincial Council, the Department of Planning and Investment, Natural Resources and Environment.

Before working with Management Board of Nghi Son Economic Zone, the delegation went to examine the situation invested some key projects such as the Joint Nghi Son oil refinery, Nghi Son Thermal Power Plant, Plant the cylinder cement Cong Thanh Nghi Son port …

After 9 years of construction and development, currently Nghi Son Economic Zone has attracted 134 investment projects, including 124 domestic investment projects with total registered capital of 96,891 billion VND and 10 foreign investment projects with total registered capital of 12 162 million. Currently, there are six international projects, 56 projects in operation in the country and promote investment efficiency and contribute greatly to the economic development – social as well as the provincial budget. Production value of enterprises in Nghi Son Economic Zone in 2011-2015 was estimated at 40,000 billion state budget is estimated at 13.000 billion; export value estimated at $ 500 million; create jobs for 50,000 workers. A number of key projects, with large spillover effects are accelerating, especially projects Nghi Son oil refinery is currently deployed by 44% progress. Cargo handling capacity through Nghi Son port in 2015 is estimated at over 10 million tonnes and is considered the port has the fastest growth rate in the country.

Working with supervisory delegation, Mr. Tran Hoa, Member Provincial Standing Committee, Head of the Nghi Son EZ Management Board has bluntly stated, besides the projects to ensure the progress and promotion of good investment performance , there are still some major projects such as project delays in steel rolling plant Nghi Son thermal Power Plant Cong Thanh Cong Thanh fertilizer plant, Nghi Son Hospital … In it, there are many owners private financial capacity is weak, unable to arrange funds for the project. Some investors have expressed overdue investment registration to occupy the land, look for opportunities to transfer projects.

Recommendations at the meeting, Mr. Tran Hoa, head of Management Board of Nghi Son Economic Zone has asked the provincial Party Committee, People’s Council, People’s Committee reported to the Government to consider increasing budget support funds to invest in technique infrastructure development for Nghi Son Economic Zone and industrial zones, create favorable conditions for investors to implement the project. Besides, the allocation for the Management Board  of Nghi Son Economic Zone shall, in coordination with other departments and agencies and relevant local building coordination mechanisms for the management, investment and construction. Steering relevant local authorities to focus on implementation drastic clearance work, good management plan, not to relapse state building illegally extended …

Conclusions meeting, Comrade Chief Economics and Budget confirmed Provincial Council, appreciated the cooperation of the Management Board of Nghi Son Economic Zone with the departments, agencies and localities in the work clearance by, reform administrative procedures and attracting and creating more favorable conditions for enterprises to build the project. With the project behind schedule, he requested the Management Board of Nghi Son Economic Zone continues to review, assess, resolutely withdraw if they showed to win, keeping the project to occupy the land. At the same time, evaluation capacity building, finding new investors have sufficient financial capacity to project construction.

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