Tran Yen has attracted many businesses investing in the area

Tran Yen is one of the localities with many advantages, such as: geographical location, convenient transportation, large area of ​​natural land, abundant human resources, minerals with large reserves and many specialized cultivation areas, which are convenient for processing industry. Therefore, Tran Yen district issued a special resolution on industrial development and investment attraction, with the aim of striving for the average growth rate of the industry reaching 15.5% per year, the value to 700 billion by 2020; Total capital mobilized outside the state budget for development investment reaches over VND3,300 billion, an average growth rate of 12.4% per year.

Immediately after the Resolution was promulgated, the district focused on leading, directing and determining the contents and tasks to be implemented, in which the district concentrates on solving difficulties and obstacles to the performance of tasks, solutions, capital sources and support policies. One of the things Tran Yen district is concerned about is the effective implementation of administrative reform and improvement of the investment environment. Accordingly, the district has directed the branches to accelerate the administrative reform and improve PAR index in the district, apply and implement the one-stop shop mechanism at the department of receiving and returning results, do well clearance to speed up the implementation of projects in the area; To build and develop industrial clusters, small scale industry, tourist services, improve the investment environment in order to create favorable conditions for enterprises to invest in production and business, paying attention to linking , joint ventures to sell products in the district, contributing to creating jobs, increase income for laborers.

With the efforts of the entire political system, the value of industrial production in Tran Yen district has continuously increased over the years. In 2016, the current production value of 310 establishments reached nearly VND530 billion, of which the local industry increased by 19%, foreign-invested enterprises increased by 140.93% compared to 2015. Industrial products with big proportion included wood processing; tea production and processing; mining, mineral processing, garment ... These establishments provide stable employment for 2,100 rural workers.

Laborers are working in International Vina KNF Co. Ltd. in Tran Yen district

However, according to experts, the industrial sector in the district is not commensurate with the potentials and strengths of the district, for four reasons. These are: propaganda and dissemination of the contents of the Resolution of the District Party Committee is not sufficient to the population community, production and business establishments; Some businesses are not active in exchanging with state management agencies. Surveying, investigating and synthesizing opinions, proposals, difficulties and problems from production and business establishments are not timely. The Infrastructure of the district was not synchronized to meet the requirements of development; the Investment capital for ground clearance and infrastructure construction is still low, so it is impossible to create land fund to attract investment projects in the area. The growth rate of industry and handicraft in the area is still low and slow compared with the demand for development and production ….

Thanks to determining clear limitations in attracting investment, Tran Yen district has proposed specific solutions to solve these problems. Those are: Accelerating and soon completing the project of construction factory producing and assembling electronic components; porcelain factory; ceramic tiles factory; continue calling for investment capital to develop industrial clusters in Minh Quan, Y Can, Bao Dap and Hung Khanh communes; setting up two industrial clusters at the IC12 junction of Noi Bai - Lao Cai expressway in Bao Hung commune with priority given to the development of agro-forestry-processing, mineral exploiting and processing industries, garment, associated with raw material area and stable output for the products; infrastructure construction; Strengthening the training of human resources, especially in rural areas; ground clearance ; taking initiative in closely coordinating with provincial departments and units, consultancy units to organize investment promotion seminars and promote images of districts and production and business establishments; efficiently using foreign direct investment and other sources of investment; efficiently implementing the administrative reform, improving the investment environment.

With appropriate solutions, it is believed that Tran Yen will successfully implement the Resolution on industrial development and investment attraction. This will be a good foundation for Tran Yen to well implement the industrialization and modernization process and become a new rural district by 2020.