Ho Chi Minh City: 127 projects are waiting for investment

Ho Chi Minh City: 127 projects are waiting for investment

Ho Chi Minh City has 127 projects with a total investment of over VND 500 billion waiting for enterprises to invest in.

Ho Chi Minh City has 127 projects with a total investment of over VND 500 billion waiting for enterprises to invest in.

On March 17, HCM City People's Committee held a meeting between leaders of the city and businesses with the theme "Breakthrough mechanism, together with the development of Ho Chi Minh City fast and sustainable."

At the conference, Party Secretary Nguyen Thien Nhan affirmed the role of the business community for the city's development to achieve impressive growth figures such as 2017, attracting investment of VND365,710 billion with revenues of more than 348 trillion dong, foreign investment in 2016-2017 reached $ 10.06 billion, nearly equal to $ 10.36 billion in 2011-2015.

City Party Committee Secretary also stressed that the implementation of the Resolution No 54 of the National Assembly on specific mechanisms and policies for the city development need the cooperation of enterprises.

Many businesses said that the city leaders have listened, tried to solve difficulties and have had many activities to support business. However, enterprises in cities and businesses nationwide are mainly medium and small, so the competitiveness is limited, more specific mechanisms and measures are needed.

Mr. Nguyen Xuan Han, Vice Chairman of Ho Chi Minh City Business Association said that some regulations are not suitable such as requirements of origin of products ... in the field of bidding made Vietnamese enterprises stand outside or only is a subcontractor within the city's public investment projects. This regulation can be concretized into requirements that the business can meet.

When the government has listened to the business and made adjustments, the adjustment must also quickly come to life effectively. In fact, according to Ms. Li Kim Chi, President of the HCMC Food and Foodstuff Association, the central and municipal authorities are now moving rapidly in issuing new policies or adjusting regulations accordingly inline with actual operation of the business; But when it comes down to functional departments and localities, these policies are often congested.

The situation "hot above, cold below" in the implementation of administrative procedures still exist. Therefore, Ms. Chi suggested leaders of departments to take direct responsibility in their field when implementing public administration, from which it can solve administrative procedures for businesses thoroughly, raising high competitiveness of enterprises.

Mr. Nguyen Thanh Phong, Chairman of HCM City People's Committee confirmed that the city always noted the opinions of enterprises to timely support, adjust. The city is committed to creating maximum conditions for businesses, to further improve the investment environment.

Mr. Phong said that the city has 127 projects with a total investment of over 500 billion waiting for businesses to invest in.

Ho Chi Minh City has just approved 6 resolutions to implement specific policies and mechanisms, including the administrative reform program which come from the recommendations of the businesses. The city also considered administrative reform as the driving force to create many breakthroughs to meet the needs of enterprises and promote economic development.

 

According to baodautu.vn

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