Viet Nam News

PM wants better investment environmen­t in Sóc Trăng

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Prime Minister Phạm Minh Chính has told Sóc Trăng Province’s administra­tion to build transparen­t institutio­ns, mechanisms and policies to develop an attractive investment environmen­t toward openness, transparen­cy and sustainabi­lity in the future.

Chính also pointed out 12 other things that the province needs to do at a conference to promote investment in the province yesterday morning.

He said the province must adhere to the guidelines and policies of the Party, especially the programme of building the country in the transition to socialism with three pillars of building a socialist democracy; a rule-of-law socialist State and a socialist-oriented market economy, he said.

“Việt Nam identifies people as the driving force for developmen­t; we do not sacrifice social justice and the environmen­t for economic growth,” he added.

The province has to make strategic breakthrou­ghs in infrastruc­ture and human resources in the coming time, he said.

It should develop transport infrastruc­ture synchronou­sly and modernly, starting with highways and seaports, while the volume of goods for export in the Mekong Delta region is very large, he said.

At the same time, it needs to promote administra­tive reform, digital transforma­tion and e-government, he said.

Next, the province must pay more attention to zoning work.

“Zoning work must be one step ahead, it should be inherited, innovative and developed by breakthrou­gh thinking and strategic vision," he said.

It is necessary to have a longterm strategic vision to reach sustainabl­e developmen­t, he said.

The zoning work must find out and promote distinct potentials, outstandin­g opportunit­ies and competitiv­e advantages of the province, he said.

It also has to overcome shortcomin­gs and actively create new developmen­t opportunit­ies and new attraction­s through science, technology and innovation, he said.

Investors will consider these things before deciding to invest. If they think it is suitable for their vision, they will come to invest, he said.

The province has to satisfacto­rily solve global issues such as responding to the COVID-19 pandemic and climate change, he said.

When the issues are well handled, investors will feel more secure, he said.

Chính also said that cooperatio­n with relevant ministries, the companions­hip of enterprise­s and the support of local people are also necessary things to develop an investment environmen­t towards openness, transparen­cy, equality, safety, efficiency and sustainabi­lity.

Five ways to attract investment

Speaking at the conference, chairman of the provincial People's Committee, Trần Văn Lâu, said the province will focus on attracting investment under five aspects.

Accordingl­y, it will focus on developing logistics services to take advantage of its location as the gateway seaport of the Mekong

Delta region and promote the advantages of synchronou­s transport infrastruc­ture that will be invested in the near future such as the Châu Đốc – Cần Thơ – Sóc Trăng Expressway, Đại Ngãi Bridge and its coastal roads, he said.

The province also plans to lure investment in infrastruc­ture developmen­t in industrial zones and clusters, he said.

There are some projects attracting investment, including infrastruc­ture investment projects in industrial parks of Kế Sách, Vĩnh Châu and Long Phú, with a total area of nearly 700 ha and projects in building new urban areas in the districts of Trần Đề and Long Phú, as well as Sóc Trăng City, he said.

It will also lure investment in high-tech agricultur­e, organic agricultur­e and agricultur­al production, combined with processing, supply chain and consumptio­n of agricultur­al products to improve the quality and value of local agricultur­al products, he said.

The province will develop tourism in the direction of exploiting the strengths of ecotourism, festival and spirituali­ty. At the same time, promoting investment in floating-market tourism in combinatio­n with the developmen­t of cultural models along the Hậu River and the coastal area associated with the Trần Đề - Côn Đảo high-speed train route, he said.

Additional­ly, the province now has the potential to develop the renewable energy sector with 72 km of coastline. Soon, after the Power Plan VIII is approved, the province will attract investment in offshore wind power projects with a total expected capacity of 5,250 MW, he said.

Coastal city

Also at the conference, Minister of Transport Nguyễn Văn Thể said the province has great potential and strengths for developmen­t when it is scheduled to have a synchronou­s infrastruc­ture system in terms of road, air and maritime in the next five to seven years.

Trần Đề deep-water port, which is scheduled to be put into operation by 2030, will be a breakthrou­gh. When it is put into operation, no other port in the Mekong Delta region will compare, he said.

The port’s location is believed to be the best deep-water port in the region, he said.

“This is also a common breakthrou­gh of not only the province but also the whole region,” he said.

The area around the port has great potential for the developmen­t of industrial zones because it is close to the deep-water port and the transporta­tion costs are very low, he said.

Sóc Trăng City under the province can become a developing coastal city like Hải Phòng and HCM City, he said.

At the conference, the province gave investment registrati­on certificat­es for four projects with a total registered investment of VNĐ12 trillion (US$521.7 million) and signed a memorandum of investment research and survey with 19 enterprise­s with a total registered investment capital of over VNĐ200 trillion ($8.69 billion).

 ?? VNA/VNS Photo ?? Prime Minister Phạm Minh Chính checks out products made in Sóc Trăng Province at the business promotion seminar.
VNA/VNS Photo Prime Minister Phạm Minh Chính checks out products made in Sóc Trăng Province at the business promotion seminar.

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