Ha Hoa district: Attracting investment and driving development

In recent years, Ha Hoa District has implemented comprehensive measures to significantly enhance its investment environment. Alongside improving infrastructure, streamlining administrative procedures, and leveraging its existing advantages, the district has actively attracted investment from various economic sectors.

Truc Mai Phu Tho Company Limited, based in Am Ha Commune, has invested in industrial plywood processing for export, creating jobs for over 150 local workers.

In 2024, the district will take decisive and flexible actions, implement key initiatives in a coordinated manner, address challenges, and mobilize resources to drive economic growth. Total social investment in the district reached 3.25 trillion VND, surpassing the target by 8%. The district actively mobilized and efficiently utilized budget funds and private investment to accelerate infrastructure development while balancing the interests of the state, investors, and the community. This approach is seen as a key solution to advancing infrastructure modernization and socio-economic growth. The district is currently implementing several high-impact projects, including the inter-regional transport route connecting Ho Chi Minh Road with National Highway 70B and National Highway 32C, linking Phu Tho and Yen Bai provinces....

At the same time, the district is addressing regulatory challenges, advancing administrative reforms, and assisting businesses and residents in accessing new laws and policies. It is also accelerating public investment projects and national target programs. Assess and monitor the situation, provide support for businesses and industries facing difficulties, and facilitate production and business activities. Additionally, enhance communication, promotion, and market expansion to boost product consumption.

The District People’s Committee has instructed specialized agencies to review private investment projects aligned with the district’s investment policies, prioritize them as key projects, and ensure smooth implementation. Efforts are being made to address challenges and create the most favorable conditions for enterprises and investors.

The district’s industrial and handicraft sector currently includes more than 140 enterprises, 10 cooperatives, and over 550 individual households operating in key industries such as wood and forestry product processing, paper production, tea processing, garment manufacturing, and mechanical engineering. These are primarily small and medium-sized enterprises (SMEs) that rely on local labor, creating jobs for approximately 9,700 workers with an average monthly income of 6.5 million VND per worker.

The Dong Phi Industrial Park Infrastructure Construction and Business Project began in late 2024, covering nearly 75 hectares and led by Cosmos Ha Hoa Company Limited. This is the district’s first industrial park, playing a crucial role in Ha Hoa’s socio-economic development and investment attraction, particularly in the industrial sector.

Mr. Nguyen Duy Hung, General Director of Cosmos Ha Hoa Company Limited, stated, “During the project implementation, we received significant support from the province, relevant departments, and Ha Hoa District, particularly in overcoming challenges related to investment procedures and site clearance. Once completed, the industrial park will attract investment in key sectors such as mechanical engineering, supporting industries, electronics, and agricultural and forestry processing, following a green and modern industrial approach. The park is being developed with a comprehensive technical infrastructure system to meet investors' production and business needs, thereby contributing to local socio-economic growth.”

Moving forward, the district will further enhance its investment and business environment, prioritize sectoral planning, mobilize resources for development, and implement coordinated support measures to overcome challenges, stimulate production and business activities, and achieve growth targets. It will also prioritize investment allocation for key projects, accelerate project implementation, and improve efficiency. Additionally, efforts will be focused on mobilizing investment for socio-economic infrastructure, particularly in industrial parks, clusters, urban areas, and regional transportation networks.

Nguyen Hue