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VietNamNews

Incentives can spur heritage investment

Update: January, 15/2015 - 08:53
President Truong Tan Sang visits Ninh Binh Province yesterday. — VNA/VNS Photo Nguyen Khang

HA NOI (VNS) — Ninh Binh Province should consider policy incentives as a means to attract investment into heritage conservation efforts, President Truong Tan Sang said yesterday.

His advice came after local authorities told him during a working session that they were finding it difficult to raise funds for restoring and preserving the old capital of Hoa Lu, a historical and cultural site of great importance.

The former capital, which stands on a 339ha site, was recognised as a special national relic in 2012. In June 2014, UNESCO listed the Trang An complex in the northern province as a world cultural and natural heritage site, with Hoa Lu as part of the zone under special protection.

Since 2002, Ninh Binh has implemented six projects worth over VND3.4 trillion (US$161 million) for restoring Hoa Lu to its former glory, the President was told.

Sang asked the Viet Nam Association of Historical Science to continue working as an advisor for the projects.

Several officials at the meeting proposed that bonds are issued to raise funds. They also wanted careful investigations done before undertaking any restoration work recommended by UNESCO.

The President also visited a vegetable farm using Japanese technology in the northern province of Ha Nam.

He urged Ha Nam officials to adopt more effective farming policies to improve local livelihoods, cautioning that they had to prepare for increased competition arising from the nation's international integration. — VNS

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