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Optimistic signals in attracting investment in industrial parks

In the first 9 months of the year, despite being heavily affected by the COVID-19 epidemic, the activity of attracting investment in industrial parks in the province still achieved positive results, exceeding the plan for the whole year.

A project under construction in Dat Do 1 Industrial Park is nearing completion and is expected to be put into operation in 2022.

Exceed the year plan

In 9 months of 2021, Dat Do 1 Industrial Park, Dat Do District has attracted 9 new projects, bringing the total number of projects of the Industrial Park to 41, the occupancy rate reached 64% of the total area of 237 hectares, total registered capital of 648.45 million USD. In order to achieve this result, Tin Nghia - Industrial Park Joint Stock Company - the investor of Dat Do 1 Industrial Park has accelerated the progress of infrastructure improvement, at the same time, strengthened online connection with secondary investors to invite investment. The goal of Dat Do 1 Industrial Park is to reach a 100% occupancy rate by 2022.

A project is nearing completion in Phu My 3 Industrial Park.

Information from Phu My 1 Industrial Park ( Phu My Ward) also said that the industrial park has attracted 7 new projects, raising the occupancy rate to 93%. The projects in this industrial park are in a variety of industries such as heavy industry, wharfing industry, metallurgy and construction materials of domestic investors and from Japan, Korea, Thailand, Singapore. One of the bright spots in the province's investment attraction is Sonadezi Chau Duc Industrial Park with 7 projects. Thus, currently, this industrial park has 60 projects of enterprises from Japan, Korea, Taiwan (China), India ... It is expected that by 2022, there will be about 80,000-120,000 engineers, experts and workers working in the industrial park with an 80% occupancy rate.

The infrastructure of Chau Duc Industrial Park has been completed, ready to welcome secondary investors.

By 2021, the Provincial Industrial Park Management Board aims to attract 30 projects but only after 9 months, 39 projects have been granted new (11 FDI projects and 28 domestic projects). Total capital attracted more than 945 million USD, reaching more than 150% of the annual plan, up 52% over the same period in 2020. Thus far, there are 498 valid investment projects in the province's industrial zones, including 242 domestic projects and 256 FDI projects, of which 322 are in operation. The total leased land area is 3,188ha, the Industrial Park occupancy rate reaches 54.44%.

Maximum facilitability for investors

Mizushima Kozo, chairman of the Japan Southern Business Association, said that due to the impact of the COVID-19 epidemic, the transportation of supplies and equipment was difficult, leading to some investors who had leased land but were unable to implement the project, as well as undecided on when to build the factory to put into operation. The enterprises proposed the highest priority now is to control the epidemic soon, on the basis of accelerating the vaccination progress, while creating favorable conditions to operate back unfinished projects.

According to Mr. Nguyen Anh Triet, Head of The Provincial of BIZA, from the results of attracting investment in 9 months, the impact of COVID-19 is only temporary. Over the past time, the province has made efforts to improve the business investment environment, adjust regulations that are no longer suitable to create conditions for investors and enterprises. Investors of industrial parks in the province are making efforts to improve infrastructure, attract more production projects, support secondary investors to develop production and business.

According to Mr. Triet, with the policy of not attracting investment at all costs, focusing on quality, efficiency and sustainable development, BR-VT prioritizes attracting investment projects in high-tech industries with great spread. On the other hand, the province also pledged to quickly remove obstacles so that projects can be implemented smoothly and soon to come into operation.

 

Source: Ba Ria - Vung Tau Newspapers