14:56 | 11/07/2019 Local Industry
(VEN) - Thanks to support from industrial promotion programs, many industrial enterprises in rural Ha Tinh province have applied science-technology in production, helping improve market competitiveness.
With the national industrial promotion funding, the province’s Trade and Industry Promotion Center spent VND800 million to finance new equipment for the Hai Ha ship repair cooperative, enabling it to repair 2000-ton ships rather than only 400-500 ton vessels.
According to a representative of Hai Ha cooperative, the application of modern technologies not only helps it improve repair capacity, but also stabilizes production and promotes its access to additional capital.
Hai Ha Service Cooperative is only one of many enterprises and rural industrial establishments in Ha Tinh receiving industrial promotion funding. According to data from Ha Tinh Department of Industry and Trade, from 2014 to 2018, the province’s Trade and Industry Promotion Center implemented eight projects for technical demonstration model construction at a total cost of VND2.265 billion, attracting over VND108 billion in reciprocal capital from rural industrial establishments and creating jobs for 250 people.
The center also assisted 47 establishments to apply modern machinery and equipment to production, and five enterprises to assess cleaner production projects at a total cost of VND7.3 billion.
The director of Ha Tinh Province Trade and Industry Promotion Center Nguyen Manh Tuong said the industrial promotion program has encouraged industrial enterprises to increase investment in the manufacturing of good quality products. In addition, the application of cleaner production measures helped rural industrial enterprises significantly reduce production costs and minimize waste discharge into the environment.
Despite favorable conditions for industrial development, local industrial enterprises are still struggling to capitalize on these advantages, because most of them are small and super small, with limited capital resources and capability for economic development. Most businesses utilize old equipment and machinery and are not eligible for support from industrial promotion programs.
In order to ease access to capital resources, Ha Tinh will prioritize capital support and help local industrial enterprises apply modern technologies in production. In 2019, the center will support 10 enterprises and rural industrial establishments in building technical demonstration models, applying modern advanced technologies in production and implementing cleaner production projects.
Furthermore, the provincial Department of Industry and Trade will mobilize maximum resources to invest in rural industrial production and integrate national target programs with the province’s industry promotion plans.
Nguyen Manh Tuong said, “Hopefully, with these solutions, the province will continue to encourage application of modern machinery and equipment to expand production of local industrial enterprises to boost the development of rural industry.”
In 2019, the Ha Tinh Province People’s Committee ratified over VND2.7 billion for industry promotion programs, with
priority given to 10 projects for application of modern machinery and equipment to production.