A view of the ceremony. VNA/VNS Photo Dương Giang

HÀ NỘI – Prime Minister Phạm Minh Chính attended a ceremony in Hưng Yên on Sunday to announce the northern province's master plan in the 2021-2030 period with a vision to 2050 and promote investment in the locality.

Addressing the event, PM Chính highly valued the master plan, built with a breakthrough mindset and long-term vision, promoting the locality's advantages, and showing the province's desire for growth and optimising the value of the ancient Phố Hiến culture, making a new miracle in the new period.

Pointing to strengths and limitations of the province, the Government leader affirmed that there is plenty of room for Hưng Yên to further thrive.

He asked the locality to focus on mobilising and effectively using resources to promote traditional growth drivers and create new ones, while strengthening the development of the strategic infrastructure system and boosting the growth of industries supporting the manufacturing-processing industry and the supply and production chain.

The PM sketched out eight major tasks and solutions for Hưng Yên, including strongly improving the local business and investment environment, simplifying administrative procedures, and optimising resources for infrastructure development.

Hưng Yên should promote innovation, digital transformation and startups, and speed up the transformation of its economic structure and growth model towards higher productivity and competitiveness, the leader underscored.

He also reminded the province to pay greater attention to the building of the Party and political system as well as the corruption combat.

The PM requested relevant ministries and agencies to support Hưng Yên by responding to its requests and proposals in a timely and effective manner.

Lauding investors to choose Hưng Yên as their destination, PM Chính said he hopes they will operate sustainably in the province and make more contributions to the local growth following the spirit of “hamonised interest, shared risks”.

The master plan was approved by the Prime Minister in June, with a comprehensive objective of turning Hưng Yên into a modern industrial province with fast and sustainable development, entering the group of top localities nationwide in terms of economic scale and growth level.

Specifically, the province's GRDP is expected to expand 9 per cent per year, with a per capita GRDP reaching VNĐ287 million (US$11,291) by 2030.

Total social investment in the 2021-2030 period is hoped to hit about VNĐ700 trillion, while its export revenue is expected to reach US$12-13 billion each year by 2030, with a growth rate of 8.5-9 per cent annually in the 2021-2030 period, according to the master plan.

By 2050, Hưng Yên aims to become a centrally-run city, it said.

At the event, Hưng Yên leaders introduced participants on the traditional culture, history, potential, advantages, development potential and orientations as well as growth expectations of the province, while calling for investment in different areas, including high technology, education and training, health care, renewable energy, and logistics.

On the occasion, Hưng Yên granted investment licences and policy approval decisions for 24 projects with a combined capital of over $1.15 billion to domestic and foreign investors. – VNS