Mekong Delta’s Long An province is appealing
to investors to embrace its friendly investment climate and simplified
administrative procedures.
Its
People’s Committee chairman Do Huu Lam sheds some light on how Long An has
grown into a bright point in attracting investment in the Mekong Delta.
What are your thoughts after Long An came in
third place in the provincial competitiveness index (PCI) ranking in 2011?
The
provincial management authorities and I personally were very happy as for the
first time Long An was among top three localities with the best PCI rating.
This was a due to our constant efforts in reforming administrative procedures.
Through Vietnam Investment Review, I would like to convey sincere thanks to the
business community for putting trust on us and appreciating our efforts in
economic governance in the past year.
How has the provincial investment climate
improved to reach such a high ranking?
The
province has exerted huge energy into ameliorating the local investment climate
to promote investors’ performance. Particularly, the province has concentrated
efforts into improving infrastructure system outside industrial zones and clusters,
particularly transport networks linking Ho Chi Minh City to better firms’
access to technical and economic infrastructure as well as quality human
resources in the southern hub.
Each
year, the plan outlines explicit plans for PCI improvements including reviewing
to detect its weaknesses in PCI scoring to find suitable remedies, particularly
those pertaining to administrative procedures in investment licensing, tax and
customs. In land area, Long An effectively handles the land usage planning, linking
the land usage planning to socioeconomic development planning to ensure stable
land usage for people and the business community.
Our
administrative procedures are settled conforming to ISO process under the
one-stop-shop model to ensure transparency and timeliness.
The
provincial authorities are always striving to walk in step with the business
community. For instance, every quarter the management partakes in review
meetings with industrial zone developers to listen to their needs. Businesses
in the province have been supported to join investment promotion workshops and
trade fairs at home and abroad.
Our
investment promotion programmes focus on some pivotal markets such as Japan,
South Korea, Taiwan, and Singapore. As a result, foreign direct investment in
the province has increased steadily on-year in both project and capital amount.
What are the province’s major advantages in
attracting foreign investment?
Long An
enjoys a strategic location contiguous to Ho Chi Minh City. It is part of
southern key economic zone, a dynamic economic development area. The province
shares a 133 kilometre border with Cambodia and links to the East Sea through
Xoai Rap estuary with an extensive seaport and river-port system. It is only
one-hour car drive from Tan Son Nhat international airport in Ho Chi Minh City.
These
all factors are complemented with a friendly investment climate and swift
settlement of investment procedures to help turn Long An into an appealing
location to investors.
What are the province’s priority investment areas?
Long An
especially welcomes investors in the fields of information technology,
electronics and microelectronics, and biotechnology with priority given to
source technologies from the US, the EU and Japan.
The
province also encourages investment into supporting industries development to
help sharpen products’ competitiveness parallel to tourism, healthcare,
education, and vocational training and technical infrastructure construction
under suitable investment models such as build-operate-transfer and
build-transfer.
In
agriculture, incentives are given to establishing export agricultural
production areas employing intensive farming methods to hike quality and
productivity.
Hoang
Nghi | vir.com.vn
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