HCMC wants more enterprises to access city’s stimulus program

HCM City would continue improving admin procedures, investment environment, creating favorable condition, having preferential policies, helping enterprises develop effective production & business. 

HCMC wants more enterprises to access city’s stimulus program

Chairman of the HCMC People’s Committee Nguyen Thanh Phong asked the departments of Investment & Planning and Industry & Trade in coordination with relevant agencies to re-check the city’s stimulus program; report to the city to make suitable adjustments with aiming at creating favorable condition for more enterprises to access the program.

Chairman Phong concluded it in an announcement of the result of the meeting between the city leaders with HCMC Mechanical-Electrical enterprises.

As per the announcement, the city plans to re-check land fund to increase land for the industry on hi-tech applications, limiting the industries to use many laborers.   

In addition, the city would form some industrial parks for innovative start-ups. Therefore, mechanical-electrical enterprises should propose plan for itself upcoming industrial park.

HCMC will support enterprises in promoting their products to 50 consumption markets cross over the world which the city has signed cooperation agreements. However, enterprises should also seek actively other potential markets.

On the other hand, the city would continue improving admin procedures, investment environment, creating favorable condition, having preferential policies, helping enterprises develop effective production and business.

 Besides, the city suggested mechanical-electrical enterprises to link together for its sustainable development.

KIEU PHONG –Translated by Kim Lien

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