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PM: Breakthrough institutions needed for special economic units

PM: Breakthrough institutions needed for special administrative-economic units

Institutions and legal regulations for special administrative-economic zones in Quang Ninh, Khanh Hoa and Kien Giang provinces must be different from other cities and provinces to attract investments, Prime Minister Nguyen Xuan Phuc has said.
PM: Breakthrough institutions needed for special administrative-economic units ảnh 1Prime Minister Nguyen Xuan Phuc speaks at the conference to review the progress of building the draft Law on Special Administrative-Economic Units and projects on the establishment of the units (Photo: VNA)
Hanoi (VNA) – Institutions and legalregulations for special administrative-economic zones in Quang Ninh, Khanh Hoaand Kien Giang provinces must be different from other cities and provinces to attractinvestments, Prime Minister Nguyen Xuan Phuc has said.

PM Phuc made the request at a conference inHanoi on April 18 to review the progress of building the draft Law on SpecialAdministrative-Economic Units and projects on the establishment of the units,which will be submitted to the National Assembly for consideration at theupcoming fifth session.

The PM stated that the law must be built in linewith the regulations of the Constitution but it should have outstandingfeatures to increase competitiveness and attract investments.

The establishment of the administration apparatusat these units must be streamlined and effective, ensuring the balance ofinterests between the State, people and enterprises, he said.

Issues relating to the apparatus and policiesmust be globally competitive and guarantee national defense and security, headded.

The PM urged the Ministry of Planning andInvestment to speed up the building of the draft law and relevant projects forsubmission to the fifth session of the National Assembly.

He held that it is necessary to push ahead withreforms in building institutions and policies for socio-economic development tocreate better conditions for enterprises and people.

The special administrative-economic units arenot only of the three provinces but also of the whole nation, PM Phuc said,adding that it is important to build a unique institution to boost theirdevelopment and contribute to the country’s rapid and sustainable growth. Thebuilding of the draft law and projects must receive high public consensus, henoted.

The government leader emphasised thedecentralisation of management and clear definition of functions, tasks andpower of relevant agencies, including the army, public security, court,procuracy, foreign affairs, taxation and customs, in building the units’apparatus.

Regarding mechanisms and policies for theseunits, PM Phuc stressed the need to build outstanding and favourable mechanismsto draw strategic investors.

The PM asked the three provinces of Quang Ninh,Khanh Hoa and Kien Giang to improve the management of land, forests andenvironment and ensure social order and safety.

He also requested to develop human resourcesinvolving management personnel and workers for priority industries in thespecial units.-VNA
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