The Bac Lieu Industrial Zones Authority have so far granted 10 investment certificates for investors in Tra Kha and Lang Tram industrial parks with a total registered capital of nearly VND1,000 billion. Four projects have gone into production and made significant contribution to the local budget revenue and job generation for local workers.
In early 2015, two projects were started, including a seafood processing plant with an annual output of 5,000 tonnes in the first phase invested by Au Vung Export Seafood Processing Joint Stock Company No. 1, and Bac garment factory invested by the Vietnam National Textile and Garment Group (Vinatex), which is expected to generate 2,000 jobs in the first phase. Some other projects are carrying out necessary procedures for the kickoff, including a warehouse invested by Ca Mau Trading Company and a fish medicine production factory.
Mr Vo Sy Toan, Deputy Director of the Bac Lieu Industrial Zones Authority, said, to attract more investors and businesses to Bac Lieu, in addition to alluring investment preferences and policies, the province is actively coordinating with relevant ministries to expedite the formation of a fishing service complex in Ganh Hao Seaport, build Ganh Hao river port, seafood processing zones, shipyards, thermal power centres, trade and service centres, marine ecotourism sites, and high-tech fishery centres. This is considered an important dynamic economic boost for Bac Lieu to sustain and develop industrialisation. The province will also focus on investing and upgrading major roads like Cao Van Lau, Gia Rai - Ganh Hao, coast roads, and inter-commune roads.
Besides, the authority has advised the Provincial People’s Committee to establish, appraise and approve detailed industrial zone construction plans (100-ha Lang Tram and 257-ha Ninh Quoi) which have neighbouring residential zones (e.g. resettlement zones and accommodations for workers) and public utilities in support of sustainable industrial zone development. Besides, to ensure that industrial development will not affect the environment, the province regularly inspects and supervises environmental aspects. Furthermore, the province encourages enterprises to invest in equipment to tackle environmental issues in the course of production. Thus, in the past years, the province in general and IPs in particular have not found any deliberate violations of environmental pollution regulations.
Toan said, to enhance investment efficiency, the province will further strengthen administrative reform, connect domestic and international investors and financial institutions to invite more potential investors into its industrial zones and coordinate with other relevant bodies to strengthen investment promotion.
Thien Hoang
Vietnamese
