The above projects have strongly changed the infrastructure and urban structure of Bao Loc City, making an important contribution to promoting the process of economic restructuring, improving competitiveness, contributing to regional connectivity, creating driving force for comprehensive development of the key economic region in the South Central region.
Up to now, 112 projects have been granted certificates of non-budget investment projects in the fields of economy - society - culture - education - sports in Bao Loc city. receiving investment or deciding on investment policy, with a total registered capital of 7,793.24 billion VND and 46.42 million USD, land use area of 1,199.83 hectares.
In which, by field, there are: 71 projects in the Industry - Construction sector; 31 projects in the field of Trade and Services; 10 projects in the Agriculture sector. According to progress: 72 projects have been completed and put into operation; 27 projects are being implemented.
Currently, in Bao Loc city, there are 18 projects in the list calling for investment attraction approved by Lam Dong Provincial People's Committee in Decision 759/QD-UBND dated April 8, 2016, focusing on 04 areas. sectors (Industry; Tourism, services and trade; Agriculture; Investment in infrastructure and residential areas). Lam Dong Provincial People's Committee also issued Document 1130/QD-UBND dated May 31, 2016 on investment guidance processes, orders, and procedures that are specifically and transparently regulated to create favorable conditions for investors. when implementing projects in the area.
Along with that, Bao Loc City People's Committee has established an investment attraction working group headed by the Chairman of the City People's Committee, assigned to the Standing Economic Department to directly work and guide investors and heads of departments. Departments and units are members to support investors and assign an officer to be in charge of investment attraction.
With the attention and direction of all levels and sectors, the implementation of projects is gradually improving in terms of implementation progress, as in the past, slow projects accounted for more than 20% of the total number of projects. So far, only 11.6%.
Many reputable, experienced and capable investors have been interested in investing in Bao Loc city such as: VinGroup, Hung Hau Group, Saigon Beer Group, Saigon Co.op Company; Hung Thinh Company; Vietnam Mulberry Silk Corporation; TNG Vietnam Company; Ton Duc Thang University, Nguyen Tat Thanh University,...
Along with that, housing and urban area projects in the city that previously had investment policies approved but were slow to implement, now continue to be launched and have now basically completed the infrastructure such as: Project "Ly Thuong Kiet Street Residential Area" of Licogi 16 Joint Stock Company; Project "Residential area next to Loc Son Industrial Park" of Dong Do 1 Construction Investment and Development Joint Stock Company; Project "Residential Area 6B Loc Son Ward" of Mai Thanh Real Estate Company Limited; Project "Vinacomin Housing Area" of Vinacomin Housing and Infrastructure Investment and Development Company Limited....
Resolution 04-NQ/TW dated September 13, 2016 of the Standing Committee of the Lam Dong Provincial Party Committee (term Bao Loc Street was developed to meet the requirements of a service center, industry, education and training, health, science and technology, culture and sports in the southern region of the province. Promote economic restructuring associated with regional linkages, promote advantages in agricultural product processing industry and service trade, and ensure social security. Synchronous infrastructure development by 2020 basically meets the criteria for grade II urban areas, expanding urban scale in accordance with the planning of the provincial center.
Bao Loc, with its existing potential, determines to continue to increase the attraction of social resources, invest in developing and perfecting socio-economic infrastructure according to the general orientation, towards a living city. ecological, sustainable, environmentally friendly and gradually becoming more beautiful in the eyes of domestic and foreign investors.