On the afternoon of December 28th, Khanh Hoa Development Investment Fund held a ceremony to summarize the work in 2020 and celebrate the 10th anniversary of private operation (2010 - 2020). Mr. Nguyen Khac Toan - Alternate Member of the Party Central Committee, Permanent Deputy Secretary of the Provincial Party Committee; Le Huu Hoang - Member of the Standing Committee of the Provincial Party Committee, Standing Vice Chairman of the Provincial People's Committee and former leaders of the province, leaders of departments, agencies attended.
In the period 2010 - 2020, Khanh Hoa Investment and Development Fund develops both in capital sources and growth in investment loans. Up to now, the Fund's chartered capital has reached more than 525 billion Dong (an increase of more than 425 billion Dong compared to 2010), its operating capital has reached 1,160 billion Dong (increased 11 times); credit balance reached nearly 400 billion Dong (increased nearly 179%); appraised and disbursed loan projects with a total capital of more than 1,031 billion Dong and the state budget subsidizes 45 projects with the amount of 60 billion Dong. Promoting its role as a source of "bait capital", the Fund has contributed to attracting 1,953 billion Dong of investment capital for socio-economic infrastructure development projects of the province (accounting for 62% of the total investment capital of these projects). In addition, the Fund also performed well the post-lending management and debt collection, ensuring the safety of lending operations with a bad debt ratio of 0%.
Speaking at the ceremony, Mr. Le Huu Hoang praised the achievements of the Provincial Development Investment Fund in recent years. At the same time, the Fund should continue to seek and mobilize medium and long-term capital sources from financial institutions, domestic and foreign organizations and individuals in accordance with the law and other legitimate finance for lending projects in the area of socio-economic infrastructure with priority development in the province; propose solutions to improve management capacity, professional qualifications and skills, effectively apply modern technology to develop the Fund more and more steadily, timely support and meet needs of capital for business. Actively complete processes and regulations related to professional work; regularly organize to summarize, evaluate and draw experience to make the unit's operation better and better...
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Mr. Nguyen Khac Toan - Alternate Member of the Party Central Committee, Standing Deputy Secretary of the Provincial Party Committee (in the middle) awarded certificates of merit to collectives.
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Mr. Le Huu Hoang - Member of Standing Committee of Provincial Party Committee, Standing Vice Chairman of Provincial People's Committee (in the middle) awarded certificates of merit to individuals.
On this occasion, the Provincial People's Committee awarded certificates of merit to 2 collectives and 4 individuals who had achievements in contributing to the development of the Fund in the period 2010 - 2020. The Provincial Development Investment Fund presented certificates of merit to 2 collectives and 7 individuals.
MY HAU