The provincial competitiveness index (PCI) of Binh Dinh province in 2011 was ranked 38th out of 63 provinces and cities, a drop of 18 places over 2010 and 31 places over 2009. The province is doggedly determined to bring up the position in the ranking order in 2012 thanks to the effort for change of the province and the support of business community.
In the past time, leaders of the Provincial Party Committee and the Provincial People's Committee together with local governments have actively implemented various policies to improve investment and business environment and conditions. However, current results of investment attraction remain too modest in quantity and quality, falling short of local potentials and strengths. Besides, a lot of existing drawbacks hindered the province from enhancing its competitiveness. For that reason, to overcome these limitations, prevent the further drop of provincial competitiveness index, and to avoid the risk of lagging behind other provinces in the region and adverse impacts on the investment environment, in 2012 and subsequent years, Binh Dinh will focus on boosting dynamism and innovation of all-level leadership; increasing dialogues with enterprises, and boosting transparency in information access. All-level leaders frequently contact and meet investors and listen to their difficulties and challenges to take prompt resolutions to those matters.
To provide true supports for businesses, in 2012 and subsequent years, provincial leaders will spend a maximum time in their capacity to solve problems for businesses, helping them do business effectively. Their supports are provided at any time possible, even out of working hours or during weekends and holidays.
In addition, the province will minimise unofficial costs and time for enterprises and improve business support services. Accordingly, public agencies will reform administrative procedures, and shorten the time for resolving administrative procedures related to business establishment and operation. Then, the province will be able to boost up the satisfaction of investors with the local investment environment, public services and public authorities.
Mr Le Huu Loc, Chairman of Binh Dinh People’s Committee, said: To attract more investment capital, concerned agencies should advise the Provincial People’s Committee to determine land prices for investment projects more reasonably, aiming to ensure the benefits for the State Budget when budgetary incomes remain modest, match investment attraction priority orientations for different sectors, come up with land price levels, and enhance competitiveness in relation to the region. Competent agencies will soon complete sector planning, construction planning and land-use planning for local investment promotion agencies to be more active in calling investment capital. This will also help investors to start on their works soon after they arrive in the province.
The Department of Construction will be assigned to work with relevant agencies to create criteria for projects of great importance, especially those using lands. In 2012, Binh Dinh will consider allowing BT (build - transfer) investment form for large projects, especially infrastructure development.
The Provincial People's Committee also appoints the Land Fund Development Centre and local governments to prepare enough land and infrastructure for large investment projects. Resettlement process for projects must be completed more quickly than the previous time.
He stressed that the sustainability of Binh Dinh economy depends largely on contributions of the domestic and foreign business communities in the province. Therefore, Binh Dinh province will pay attention to adjusting policies, institutions and administrative procedures for investors to do business easily.
Thanh Thao
Vietnamese
