In 2010, notwithstanding numerous challenges, industrial zones in Dong Thap province still operated effectively and attracted many new investment projects, helping to boost provincial economic growth and restructuring.
Currently, the province of Dong Thap has three operational industrial parks, including Sa Dec, established in 1997 with a total area of 134.4 ha where 44 investment projects are located; Tran Quoc Toan, established in 2002 with an overall area of 56.4 ha where four investment projects are licensed; and Song Hau, founded in 2006 with a total area of 66.336 ha where five investment projects are housed. Industrial parks in the province give priority to projects involving industrial zone infrastructure development; high-quality mechanical production for agriculture and supporting industries; export vegetable, fruit and mushroom processing; consumer goods manufacturing; electronics and refrigerating electric production; and environment-friendly industries, among others.
Thus far, the three industrial zones in Dong Thap have completed building basic infrastructure like lighting, traffic, water supply, wastewater treatment, communications systems and green areas for investors to locate their factories. Besides, administrative procedure reforms toward a single-window mechanism are saving investors time and costs. To date, the province has six concentrated industrial parks, including three operational ones (Tran Quoc Toan, Sa Dec and Song Hau) where 117 large-scale investment projects are licensed to operate. Currently, 61 of them have gone into production, 22 projects are under construction, and 34 projects are in the process of preparation. Besides, Dong Thap has 34 small-scale industrial complexes with a combined area of 2,100 ha, of which 19 have been planned in detail, covering an area of 967 ha. These complexes house 44 investment projects worth over VND800 billion, of which eight have been put into operation, 15 are under construction, and 21 are being prepared for investment.
Mr Nguyen Huu Hong, Director of Dong Thap Industrial Zones Authority, said companies in industrial parks account for nearly 50 percent of the province’s total industrial production value and create more than 8,000 jobs for Dong Thap and neighbouring provinces. Furthermore, the effective performance of industrial zones also helps accelerate economic growth and restructuring, and increase the proportion of industrial value in the province’s gross domestic product (GDP). According to Mr Hong, investors in industrial zones are provided with the highest incentives and best conditions.
In the upcoming time, Dong Thap province will establish four new industrial parks, namely Ba Sao (500 ha), Tan Kieu (600 ha), Truong Xuan - Hung Thanh (400 ha) and high-tech park (250 ha). The planning and formation of new industrial parks will be good opportunities for domestic and international investors to invest in industrial production and develop the provincial economy, thus helping improve the material and spiritual life of the people.
Thien Hoang