Ha Nam (VNA) – Investment in Ha Namhas significantly increased in recent years thanks to the northern province’sconcerted efforts in attracting more projects.

The province’s FDI between 2011 and 2015 tripledthat of the 2006-2010 period while the number of FDI projects from 2016 to theend of July 2017 was equal to the 2006-2010 figure.

The province has so far lured 688 investmentprojects, including 197 FDI and 491 domestic investment ones, with totalregistered capital of 6.07 billion USD. Since the beginning of this year, HaNam attracted 12 FDI and 44 domestic investment projects with a combinedcapital of 448.4 million USD.

[Ha Nam attracts 194 million USD of investment]

The province has been considering moreincentives to draw investment in the fields of urban development, water supplyand drainage, urban environment, social and low-cost housing.

It has built houses, schools and otherfacilities for workers at local industrial parks while encouraging enterprisesto provide free bus services to them. 

The province has worked to improveinfrastructure at industrial parks and Nam Cao University as well as enhanceenvironmental treatment, especially around Tay Day area.

It has also adopted policies to invite moreskilled workers from other localities to work in the province and carried outprojects to training workers for local Japanese and Korean enterprises.

It has closely coordinated with foreigninvestment promotion agencies like Japan External Trade Organisation (JETRO) andKorea Trade-Investment Promotion Agency (KOTRA) to get more access to foreigninvestors.-VNA