In 2023, Ha Nam will be in the top 15 provinces and cities with high investment attraction in the country and is also one of the localities that have improved their rankings in the Provincial Competitiveness Index (PCI) and Provincial Green Index (PGI). For many consecutive years, it has been in the top 10 provinces with high growth in the country; in 2024, Ha Nam is considered the locality with the second highest growth rate in the Red River Delta and the fifth in the country. That is the advantage for Ha Nam to promote investment attraction, especially attracting foreign direct investment (FDI).
Ha Nam: Transport infrastructure goes one step ahead, creating momentum for socio-economic development
In recent years, Ha Nam has clearly identified investment cooperation as a key task to mobilize resources and promote socio-economic development. In addition to the available advantages of geographical location, rich and diverse resources, high-quality labor force and open and transparent investment environment, Ha Nam pays special attention to developing transport infrastructure, especially connecting transport infrastructure. The goal is to create favorable conditions for regional connectivity and development of production and business of enterprises.
With the motto "transport infrastructure must come first", Ha Nam has prioritized resources to build infrastructure and key transport routes with spillover effects to revive "depressed areas" and maximize the strengths of the locality. The total investment capital for transport development in the 2021-2025 period is estimated at about 13.600 billion VND, accounting for 34% of the total construction investment capital of the whole period.
Many key projects have been and are being implemented, including: Phu Thu Intersection and connecting road; Tan Lang Bridge and regional connecting road, connecting from Ring Road 4 to Ring Road 5; parallel road of National Highway (QL) 21; parallel road of Ring Road 5 - Capital Region (phase 1); connecting road from QL1A to Cau Gie - Ninh Binh Expressway via Liem Son Intersection through Binh Luc District to QL21A, QL21B, connecting road of two expressways Hanoi - Hai Phong and Hanoi - Ninh Binh... and many other vital traffic routes.
These efforts to invest in transport infrastructure not only help Ha Nam connect more conveniently with neighboring provinces, but also create an important driving force to attract investment, develop tourism, create jobs and improve people's lives. The development of transport infrastructure will be a solid foundation for Ha Nam to continue to reach new successes in the future.
With 8 national highways (QL1A, QL21A, QL21B, QL38, QL38B, QL70, QL217, QL45) conveniently connecting with neighboring provinces and cities such as Hanoi, Nam Dinh, Ninh Binh, Hung Yen, etc., Ha Nam owns a developed road traffic network. According to the road network planning for the period 2021 - 2030, with a vision to 2050, Ha Nam will have 4 connecting expressways, including: North - South Eastern Expressway (Phap Van - Cau Gie - Ninh Binh route); Phu Ly - Nam Dinh Expressway; Hung Yen - Thai Binh Expressway and Ring Road 5 of the Capital Region. In particular, the North - South high-speed railway project, once completed, will create "plus points" for Ha Nam in terms of connectivity and economic trade.
Mr. Pham Hong Thanh, Director of the Department of Planning and Investment of Ha Nam province, commented: “With an open investment environment; synchronous, modern and convenient investment in transport infrastructure, the province has made a breakthrough in attracting investment over the past years.” Ha Nam has always been listed in the top of the country in attracting investment and is one of the localities attracting the highest foreign direct investment (FDI) in the country, with increasingly high rankings.
According to the report of the Department of Planning and Investment of Ha Nam province, from January 1, 1 to November 2024, 30, the whole province attracted 11 projects, an increase of 2024% over the same period in 89; adjusted the capital increase or decrease for 67,9 projects, with a total adjusted capital increase of 2023 million USD (up 65%) and 370,9 billion VND (down 139%). Up to now, Ha Nam has 2.091,5 valid projects; of which, there are 7,5 FDI projects with a registered capital of 1.259 million USD and 413 domestic projects with a registered capital of 6.667,3 billion VND. Currently, Taiwan (China), Japan and South Korea are the countries with the largest number of investors in Ha Nam's industrial parks (IPs).
“Greening” industrial parks to welcome FDI capital flows
In the trend of shifting supply chains and foreign investment into Vietnam, Ha Nam is considered one of the localities with many attractive potentials to receive and absorb capital flows shifting into Vietnam in the coming time. Therefore, in addition to investment incentive policies and mechanisms as prescribed by law, Ha Nam has been implementing well its commitments to accompany and support businesses to the maximum in order to create the most open, transparent and favorable investment environment. However, in order for technology "eagles" to choose Ha Nam as a stopover, Mr. Tran Xuan Duong, Vice Chairman of the Provincial People's Committee, said: In the coming time, industrial parks must improve quality, increase scale, have more modern and synchronous infrastructure, ensure a greener environment... At the same time, there should be policies and mechanisms to encourage green development and sustainable development, thereby helping investors grasp the orientation and be more confident when investing and greening industrial park projects. In the general global development trend, the need for green transition is increasingly strong. If before it was still an option, now it is a mandatory direction for localities and Ha Nam is not an exception...
In 2025, Ha Nam's goal is to continue to improve the PCI and PGI indexes; successfully implement Resolution 11/NQ/TU dated September 15, 9 of the Provincial Party Committee on promoting industrial development, focusing on high-tech industry, supporting industry, processing, manufacturing and services serving industrial development towards modernity and sustainability in the period of 2021-2021, with a vision to 2025; prioritize attracting FDI investment in the fields of high-tech industry, clean energy, and renewable energy. Therefore, in the coming time, Ha Nam will focus on improving the quality and effectiveness of planning work (industry planning, construction planning, land use planning) in a synchronous, unified, and linked direction, ensuring the promotion and effective use of potential advantages and resources. In addition, the province promotes administrative reform, improves the investment environment, effectively implements public administrative services from the province to the grassroots, creates an open and favorable environment for businesses; builds additional incentive and support mechanisms according to specific criteria, ensuring compliance with the Government's regulations on incentives and investment support and in accordance with the practical conditions of the province, in order to attract large, key projects, high-tech projects; attracts strategic investors, multinational corporations to invest, set up headquarters and establish research and development centers, innovation centers in the province. In particular, the province continues to focus on synchronous investment, modernizing the transport infrastructure system, industrial park infrastructure, improving the quality of human resources; innovates investment promotion methods both domestically and internationally in a more professional, proactive, and focused direction.
In the planning period of 2021-2030, with a vision to 2050, Ha Nam plans to establish 10 new industrial parks with a total area of about 2.111 hectares. With the view of planning and developing industrial parks associated with urban and service areas; prioritizing attracting high-tech and environmentally friendly industries, Ha Nam continues to select reputable industrial real estate investors with economic potential such as: Viglacera, Western Pacific, Hoa Phat... to accelerate the "greening" of industrial parks.
Believing that, with the orientation, vision and innovative thinking along with high political determination, it is expected that in 2025 and the following years, Ha Nam will become an attractive destination for investors - the "eagles" of green technology. "Greening" industrial parks ready to welcome FDI capital not only enhances competitiveness, participates in the value chain of the international market, but also promotes economic and cultural exchanges between Ha Nam and countries and territories in the region and the world.
Source: Ha Nam Electronic Newspaper
