Promoting the Development of Industrial Parks in a Sustainable Way

5:15:29 PM | 7/8/2014

In recent years, the formation and development of industrial parks has contributed significantly to the economic restructuring of Hai Duong province towards industrialisation. The industrial proportion in industrial parks has been increasing and they hold an important position in the economic industrial structure of the province.
 
From five industrial parks’ plans approved in 2002 with an area of 440 hectares, so far, Hai Duong has had 18 industrial parks planned with a total area of 3,710 hectares. Of which, ten industrial parks and one sub-park were approved detailed construction plans with a total land area of 2,017 hectares, attracting 12 investment projects with total registered infrastructure investment of VND4,579.7 billion (US$220 million) plus US$170 million. So far, the land handed over for industrial park construction was 1,349 hectares with infrastructure investment of VND2,659.27 billion (US$130 million), reaching 63 percent. The industrial parks have attracted domestic and foreign investors, contributing greatly to the provincial economy.
 
Located in the key economic triangle of northern Vietnam, having arterial roads such as national highways number 5, 18, 37, 38B and Hanoi - Hai Phong railroad run through, Hai Duong has many advantages for industrial park development. Soon after planning, the industrial parks have drawn many infrastructure investors such as Dai An JSC, Nam Quang Investment and Infrastructure Development. The province has spent a lot upgrading the infrastructure outside the industrial parks synchronously (road system; electricity and water supply, right outside the IPs). Additionally, Hai Duong also has paid more attention to the reform of administrative procedures, creating an open investment environment. The province has built its own mechanism prioritizing attracting private businesses’ investment in industrial parks.
 
In 2013, the provincial Management Board of Industrial Parks had licensed 18 new investment projects (including 2 projects of moving industrial complexes into industrial parks): 15 foreign investment projects, 03 domestic projects and adjusting investment certificates for 58 projects, of which 12 overseas projects were increased US$747.046 million in capital investment, 1 domestic project was increased VND508.8 billion (US$25 million). The 2013 results of attracting investment to industrial park projects went up 38 percent compared with 2012, 50 percent more than projected; the number of projects of which investment capital was raised compared to 2012 and plan went up 62 percent; foreign investment increased by 7.9 times compared to 2012, 7.4 times more than projected; domestic investment reached 95.7 percent compared with 2012, an increase of 5 times compared to the plan.
 
Industrial parks have contributed significantly in attracting investment capital, boosting exports and increasing the state budget, creating jobs, promoting economic restructuring, improving production level and creating competitive products. So far, the province has had 176 projects, 1 representative office (infrastructure projects included) with total registered investment capital of over US$3 billion. Implemented investment capital of 2013 projects in industrial parks reached US$274 million, accumulated implemented investment capital was over US$1.8 billion so far, attracting around 70,000 employees (of which 69,400 workers are Vietnamese, 600 are foreigners).
 

For the time ahead, Hai Duong plans to continue developing the infrastructure system, efficiently implementing the planning of approved industrial parks, encouraging investors to invest in infrastructure on schedule. The province also will further promote investment, at the same time improve investment environment to attract new projects of large-scale and high value technology concentration, focusing on attracting investors in the supporting industry for the production and export of garments, electricity, electronic and telecommunications equipment, and cables, to create the best conditions for investment, production and business activities; also improving the capacity of staff to be more professional and promoting administrative reforms under the mechanism of “one door, in-place” to facilitate production and business in industrial parks. Besides, Hai Duong will strengthen inspection and guidance of the implementation of regulations concerning industrial parks’ enterprises, such as effectively land use, contributing to social investment and economic growth; paying attention to workers’ welfare.

PV