Solutions for Mobilizing Investment Capital for Planning by the People's Council of Thanh Hoa Province up to 2020

Solutions for capital mobilization for the investment planning of Thanh Hoa Provincial People's Council until 2020 (Illustrative photo)

Resolution 106/2008/NQ-HDND stipulates the solutions for capital mobilization for the investment planning of Thanh Hoa Province until 2020 as follows:

- The investment capital demand for the period 2011 – 2020 is about VND 452 trillion, including:

- Investment capital for the industrial – construction sector is about VND 262 trillion;- Investment capital for the service sector is about VND 161 trillion;- Investment capital for the agriculture, forestry, and fisheries sector is about VND 29 trillion.

- To mobilize investment capital sources, it is necessary to intensify cooperation with ministries from the stage of planning and ensuring that key projects of the province, especially large projects on transportation, irrigation, national defense, and security, are fully represented in the plans of those ministries to ensure sufficient capital for development investment.

- Continue to accelerate administrative reforms, create an attractive investment environment; develop attractive mechanisms and policies to encourage all economic sectors to invest in production and business development in the area.

- Encourage investment in the form of BT, BOT, BTO, and other forms to attract capital from enterprises for infrastructure development.

- Strengthen investment promotion activities in key markets through multiple channels and forms; take advantage of investment capital sources from international organizations; diversify forms of investment capital mobilization.

Details can be found at Resolution 106/2008/NQ-HDND, effective December 29, 2008.

Ngoc Tai

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