Attracting projects to industrial parks

After affected by the Covid-19 epidemic, production activities in industrial parks (IPs) in the province have recovered positively. The province requires the Management Board of Industrial Parks of the province, relevant departments, agencies and local authorities to coordinate in order to expand industrial zones, increase investment attraction, support businesses in industrial zones, and create a strong motivation for the economic development....

After affected by the Covid-19 epidemic, production activities in industrial parks (IPs) in the province have recovered positively. The province requires the Management Board of Industrial Parks of the province, relevant departments, agencies and local authorities to coordinate in order to expand industrial zones, increase investment attraction, support businesses in industrial zones, and create a strong motivation for the economic development....

According to the report of the Management Board of Industrial Parks of the province, up to now, the whole province has 17 industrial zones with a total area of ​​more than 4.3 thousand ha added to the development planning of Vietnam's industrial zones. In which, 8/17 IPs have been put into operation and received investment projects; 3/17 IPs are organizing compensation and site clearance; 6/17 IPs are completing legal procedures for investment and construction. In the first 9 months of 2022, industrial zones in the province have received 26 investment projects, including 9 foreign-invested projects and 17 domestic projects with a total registered capital of 90.5 million USD and 1,950 billion VND. The investment projects focus on such fields as mechanical engineering, manufacturing and assembly of electrical and electronic components; food manufacturing and processing, textiles and ancillary products for the automobile, motorcycle and textile industries, in which a number of projects have large investment capital such as: Jastar exterior products and furniture factory project of Jastar Joint Stock Company, Polystar plastic film and packaging factory project of Polystar Joint Stock Company…

The production at Nestlé Bong Sen Factory (Thang Long Industrial Park II)

In addition, the Management Board of Industrial Parks of the province has issued certificates of adjustment to increase investment capital for 30 times of investment projects, including 22 foreign-invested projects and 8 domestic projects with a total capital increase of 225 million USD and 737 billion VND, thereby bringing the total investment capital of newly and adjusted projects from the beginning of the year to now to 430 million USD. Up to now, in industrial zones of the province, there are 505 valid investment projects, of which 273 projects with foreign-invested capital and 232 projects with domestic capital with a total registered capital of nearly 5.2 billion USD and over 31.8 trillion VND.

Enterprises, investors of industrial park infrastructure together with the Management Board of Industrial Parks of the province, departments, branches and localities continue to coordinate to speed up the site clearance and prepare clean premises to attract investment projects. Currently, the units are focusing on supporting industrial park infrastructure investors to carry out the ground clearance in Minh Duc Industrial Park, Minh Quang Industrial Park, Industrial Park No. 03, Industrial Park No. 05... with a total area of ​​compensation at 481ha for site clearance of industrial land for households and about 87ha for the investment in construction of technical infrastructure of the industrial zone. In the first 9 months of 2022, in the industrial zones of the province, 24 new investment projects have been put into production and business operations. Domestic budget revenue of enterprises in industrial zones is estimated to reach at 1,900 billion VND. The total number of employees working at enterprises in industrial zones is about 78,000 workers.

Implementing solutions to attract investment in industrial zones, from the beginning of the year until now, the Management Board of Industrial Parks of the province has coordinated with departments, branches and the People's Committees of districts, town and city to work closely with the owners of industrial park infrastructure and investment promotion consulting organizations, mobilize to attract investment in industrial zones. To improve the quality and efficiency of investment attraction, give priority to attracting projects with large investment capital, high technology level, environmentally friendly, energy-saving, capable of contributing a lot to the budget... To implement the policy of creating favorable conditions for enterprises to invest, trade and develop, branches and localities have developed and implemented programs to support information provision and business connection in order to strengthen cooperation and cohesion between domestic and foreign enterprises in production and business activities. To focus on improving the investment environment in industrial zones in the province by continuing to review and simplify administrative procedures, in which the focus is on shortening the processing process, reducing the number and simplifying the content of documents, cutting down the time to carry out administrative procedures...

A corner of Thang Long Industrial Park II

Besides the achievements, according to the assessment of the functional sector, the difficulties caused by the development of the Covid-19 epidemic in the past 2 years still exist. Many businesses have to stop new investment plans or no longer have enough capacity to expand production. Besides, the clean land fund in the industrial zones is now not much..., which makes the work of attracting investment in the industrial zones of the province not as expected. Comrade Pham Truong Tam, Head of the Management Board of Industrial Parks of the province, said: The Management Board of Industrial Parks of the province and departments, branches and localities continue to identify the key tasks in attracting investment to the province's industrial zones in the coming time as promoting support and creating favorable conditions for investors, accompanying enterprises in production and business activities... Besides, to urge industrial park investors to carry out synchronous construction of technical infrastructure such as: wastewater treatment station, planting trees, traffic infrastructure and construction of service works, especially preparing a clean land fund for investment and calling for investment in housing construction for workers according to the policy of the province. To focus on attracting investment in industries with added value and high technology content, developing clean industries to increase product value and protect the environment; focus on major industries and product groups, suitable to the actual situation of the province. Along with that, making it public, transparent, easy to understand and easy to carry out administrative procedures (from business registration to licensing process); regularly reviewing administrative procedures that are no longer appropriate, proposing and recommending competent authorities to amend and supplement, creating a favorable environment for businesses...

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