Thang Long II Industrial Park receives nearly 100 FDI projects

According to the Foreign Investment Department (Ministry of Planning and Investment), in the first 9 months of 2023, Hung Yen province ranked 10th in the country in attracting FDI with nearly 700 million USD, up 34% over the same period and nearly equal to attracting FDI. FDI for the whole year 2022 (747 million USD). Thus, since 2014 up to now, this is the first time the province has been in the Top 10 provinces and cities attracting the highest FDI in the country. To date, the province has 533 FDI investment projects with a total registered investment capital of more than 6.7 billion USD. Foreign investors come from many different countries and territories, of which, investors from Japan rank No. 1 in the number of investment projects in the province with 173 projects, total investment capital. Registered investment of more than 4 billion USD, followed by Korea and China..

The province currently has 17 industrial parks in operation with an area of ​​more than 4.4 thousand hectares. In particular, Thang Long II Industrial Park with a scale of 525.7 hectares invested by Sumitomo Group (Japan) is typical for attracting FDI to the province. Currently, this industrial park has received nearly 100 FDI projects with a total registered investment capital of more than 3 billion USD. In addition, the province also has a number of large investment projects in industrial parks, typically: Hoya Project with a total capital of 214 million USD; Nippon Mektron's project with a total capital of 300 million USD, Kyocera's projects with a total capital of 385 million USD, Toto's project with a total investment capital of 403 million USD...

One of the biggest successes in the province's investment promotion work today is that the province is building a friendly business environment, reducing unofficial costs for businesses by improving indicators. about business environment and competitiveness such as PCI, PAPI, PAR Index. At the same time, the assessment of competitiveness of departments, branches and localities at the district level will be carried out in an open manner, listening to the opinions of businesses to gradually improve support activities in a substantive manner and remove difficulties. for each project being implemented by the province. Comrade Trinh Van Dien, Director of the Department of Planning and Investment, said: To attract investors in general and FDI investors in particular, propaganda about the province's investment advantages has been promoted. The Provincial People's Committee established an electronic database system on the investment environment on the Electronic Information Portal of the Provincial People's Committee and the Websites of a number of departments, divisions and branches with main content such as: Investment incentive policies, projects calling for investment capital, contents on master planning, regional planning, industry and field planning; Priority investment areas… Thereby, helping investors easily grasp the advantages in the investment process in the province. Incentive mechanisms are developed and implemented by the province in accordance with the law, specifically and in accordance with the characteristics and nature of investment projects. To facilitate investors, the province publicizes planning, land use plans, and unused land funds to make access to land resources and production premises transparent, ensuring the basis for land allocation. land, land lease, change of land use purpose, site survey support. In addition, every year, provincial leaders directly dialogue with businesses to grasp and promptly resolve difficulties and problems of businesses in the investment, production and business process.

In the current context of increasingly deep and competitive economic integration, the province proactively grasps trends to improve the business investment environment, in order to continue to create an attractive environment for investors. Promotion work calls for innovative investment in a focused, key direction and in accordance with the potential, strengths, and local development planning. The province has unified the project list, assigned specialized departments to prepare documents to request approval of investment policies to announce the province's investment attraction list for the 2021-2025 period. Along with that, the province is focusing on coordinating with ministries and central branches to accelerate the implementation of key national projects, such as: Investment project to build Ring Road 4 - Hanoi Capital region; Project to upgrade and expand the long interprovincial route Hanoi - Hung Yen, passing through Hung Yen province... to create a competitive advantage in attracting investment. Focus on investing in supporting infrastructure projects such as electricity, clean water, telecommunications, and wastewater treatment; building high-quality human resources to meet the development requirements of key economic sectors; focus on digital transformation, perfecting the e-government model towards modernity; public and transparent information and data; Build a team of professional and dynamic civil servants, taking businesses and investors as the objects to serve. In the process of attracting investment and implementing the province's direction, departments, branches and localities have been proactive and active in developing detailed plans and signing site clearance progress commitments with investors. private; At the same time, focus on removing difficulties and obstacles, especially determining the origin of land, resolving land disputes, and supporting people after land recovery to promptly hand over land to real investors. The project is on schedule according to plan...

Manufactured at Nestlé Vietnam Co., Ltd. (My Hao town)

To continue to improve the effectiveness of attracting FDI projects, in the coming time, the province will focus on reviewing, innovating and implementing synchronously and effectively policy mechanisms and practical solutions to improve the investment environment. business investment and improving the province's competitiveness index; Actively remove difficulties for enterprises to develop production and business. Continue to build a list of projects calling for investment attraction, with priority given to attracting investors to build and operate infrastructure in planned industrial zones and clusters; Large projects with high technology content contribute a lot to the budget and are environmentally friendly.