The Resolution on a number of policies to encourage businesses to invest in agriculture and rural areas in Hung Yen province has just been approved at the 9th session of the 16th Provincial People's Council held from July 9 to July 10, 2019. Support building infrastructure up to VND 10 million, support interest amount up to VND 350 million....

The Resolution on a number of policies to encourage businesses to invest in agriculture and rural areas in Hung Yen province has just been approved at the 9th session of the 16th Provincial People's Council held from July 9 to July 10, 2019. Support building infrastructure up to VND 10 million, support interest amount up to VND 350 million....

Hung Yen is a province located in the heart of the Red River Delta, with the tradition and advantages in agricultural production. The province has made remarkable achievements in developing high-quality commodity agriculture, being one of the agricultural product distribution centers in Hanoi as well as the whole country.

In order to further promote the value of agricultural production and rural development in the new period, Hung Yen province has a policy to encourage enterprises to invest in key agricultural projects and agricultural products. The resolution that has just been approved by the Provincial People's Council is the step that details that policy.

Vietgap is one of key products to call for investment in Hung Yen province

According to the resolution, Hung Yen province decided to spend at least 5% of the provincial budget on agriculture to annually support enterprises to invest in production and business development projects.

Among the supporting mechanisms and policies, the most direct and specific support is for businesses on land concentration. Enterprises making agricultural projects are encouraged to invest in the form of capital contribution through land use rights of households and individuals to create material areas supported with infrastructure construction at the level of VND 50 million per ha.

Enterprises also do not have to rent the land use right deemed as capital contribution. During the land lease cycle of enterprises investing in agriculture and rural areas, the province did not adjust the land use planning and plans that can affect the projects.

In addition, businesses will be supported a part of commercial loan interest after the project is completed with a rate of no more than 1% per year for 5 years. The limit does not exceed VND 350 million per project.

In addition, businesses are supported with human resource training, market development, research, transfer of hi-tech agricultural applications, investment in storage and processing facilities, and price support to rural clean water supply works.

The province will give priority to support agricultural processing projects using raw material areas in Hung Yen province that employ over 100 employees; give priority to projects of mechanical engineering, equipment and agricultural auxiliary products; environmentally friendly projects with low energy consumption; joint production projects to create value chains; organic agricultural production, high technology.

Issue key products and projects calling for investment

Along with the promulgation of a range of supporting mechanisms and policies as above, Hung Yen province also issued a list of 5 key agricultural products and a list of 35 projects calling for investment.

The list of 5 key agricultural products in Hung Yen includes: 1. Hung Yen fragrant sticky rice; 2. VietGAP vegetables and fruits; 3. Flowers, ornamental plants, medicinal plants; 4. VietGAPH beef, poultry, poultry eggs; 5. Aquatic products.

Deputy Chairman of Hung Yen People's Committee Nguyen Minh Quang presented a report on some policies to encourage enterprises to invest in agriculture and rural areas at the 9th session of the 16th Provincial People's Council

In the list of 35 projects calling for investment, there are 5 projects of building concentrated cattle and poultry slaughtering establishments with a capacity of 300 cattle per day, 2,500 poultry per day and over. The total expected investment is VND 15 billion and the maximum support is up to VND 9 billion.

5 projects of industrial cow farms with a scale of 500 cows and over with an estimated total investment of VND 35 billion and the maximum support of VND 11 billion.

4 projects of growing lychee, hybrid litchi, orange, organic grapefruit of 5 hectares and over are expected to have a total investment of VND 20 billion and  the maximum support is up to VND 2.5 billion.

11 projects of processing and preserving agricultural products factory have the total investment of VND 73 billion and the maximum support is up to nearly 24 billion dong.

10 projects of flower growing of 5 hectares and over are expected to have total investment of VND 25 billion and the maximum support is up to VND 2.2 billion.

The total estimated investment of these 35 projects is VND 168 billion and the maximum support is VND 48.5 billion.

This Resolution is also a supplement to the scheme to encourage accumulation and concentration of land for large-scale agricultural and commodity production in the period of 2017-2020 adopted by the Provincial People's Council in Resolution No. 127 / NQ- HDND on Dec. 08, 2017.

Nguồn trích dẫn: hungyentv.vn