Capital crafts 2014 development plans
13:14 | 17/08/2013
VGP – The capital city of Ha Noi will strive for a GDP growth of 8.5-9% and 0.8% poverty reduction in 2014.

A corner of Ha Noi - Illustration photo

The local authorities proposed the preset goals later last week at a meeting with Minister of Planning and Investment Bui Quang Vinh.

The capital intends to apply stronger mechanisms to engage the private sector in infrastructure development, agriculture and science-technology development to boost growth. 

Ha Noi targets comprehensive growth in line with a stable economy, improved investment efficiency, better living standards and social welfare as well as ameliorated environmental protection.

Specifically, Ha Noi will continue taking measures to attract foreign direct investment, curb inflation, stabilize the economy, ensure social welfare, simplify administrative procedures and boost the IT application.

The city, said Director of the city's Planning and Investment Department Ngo Van Quy finds it difficult to fund major initiatives including the urban railway project and others related to the environment and waterway transport.

"The city asked the ministry for an allocation of VND8.8 trillion (US$ 417.1 million) next year to speed up the project," Quy said.

Ha Noi also expected the Government and relevant agencies to soon detail plans and road maps for the transfer of central universities, hospitals and production establishments to the city's outskirts to reduce traffic jams and pollution.

Moreover, enterprises in the city raised concerns over fees on leased land for production, which had swelled to 5-10 times higher, which had affected their businesses and hindered competitiveness.

The city also asked the Government to approve a piloted mechanism that would encourage investors to support industry projects./.

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