Mai Son Industrial Zone: Driving Force of Local Economy

9:01:26 AM | 10/1/2014

The Mai Son Industrial Zone Project was approved by the Prime Minister in Document 1909/ CP-CN dated 16 December, 2004 and Document 1604/TTg-CN dated 10th Oct, 2006. And on 8th Nov, 2006, Son La People’s Committee issued Decision 2732/ QD-UBND for approval of investment projects on Mai Son Industrial Zone, whose investor is the management board of industrial parks of the province.
The project was implemented with the aim of forming multi-sector industrial parks with clean, environment-friendly technology in order to meet province's needs for socioeconomic development, creating products for construction of Son La hydropower plant, meeting domestic demands and export; transforming production structure and labour structure, arranging workforce appropriate with their abilities, local conditions; creating jobs for people resettled for Son La hydropower plant project and the focused production business models in Mai Son district, thereby, contributing to the transformation of economic structure, achieving objectives of industrialisation and modernisation of the province. The Mai Son Industrial Zone has a total area of 150 hectares with total investment capital of VND296.9 billion, located in Bon village and Bang village, Mai Son district, 18 kilometres from Son La City and 8 kilometres from Hat Lot town, 5.7 kilometres from National Highway 6. In particular, the first phase focused on 63.7 hectares, including levelling, transportation system, power supply, water supply, drainage, collection and treatment of solid waste and fire protection, communication system, architecture and construction. The total investment in the first phase approved by the PPC is VND285.5 billion, in progress from 2006 to 2012. By 31st Dec, 2012, the total capital for the project was VND106 billion and VND307 million which has been disbursed.
To create a solid foundation for provincial industrial development, Party committees, authorities and local people have made the best effort and determination. Over the years, the province has mobilised resources for investment and development in Mai Son Industrial Zone. Shortly after the approval of the Prime Minister, the province has actively directed all necessary work to put the industrial zone into operation. Particularly, the province has specified important tasks, and directly assigned duties to provincial leaders and departments and district agencies involved. Notably, planning, with the involvement of all levels and branches in the province, followed the project closely. Along with planning, Son La has also clarified incentives for investment, finance, taxation, credit, banking, land, import, export, human resources training, creating a favourable environment for investment, trade, services, import and export in the province, stepping up trade promotion, investment promotion in various forms, mobilising investment capital from the private sector, from investors home and abroad for infrastructure investment of the project.
The formation of Mai Son Industrial Zone confirmed the right direction for industrial development strategy as well as investment attraction in the province, creating positive changes in the overall economy of the province in recent years. At the same time, Son La province is currently working to improve the open investment environment to welcome domestic and foreign investors to Mai Son Industrial Zone in the future.
Binh An