Loc Son, Phu Hoi Industrial parks (IP) and Tan Phu agriculture Industrial parks are identified as the key works of Lam Dong province, so they always receive regular steering of provincial committee, People's Council, People's Committee and the Central ministries and branches.
Among 3 existing IPs in Lam Dong, Loc Son and Phu Hoi IP are going to attract investment; and Tan Phu agriculture IP (328 ha) is in the process of deployment. From 2004, the Management Board of Lam Dong IPs have granted Investment Certificates for 58 projects in IPs (of which there are 16 FDI projects with total registered investment capital of US$ 43.11 million and 42 domestic projects with total registered capital of US$ 63.86 million and VND 2591.17 billion); with registered land of 124,97 ha. Currently there are 30 companies/projects that have been put into operation, contributing to create jobs for 1,030 workers. The remaining projects are in the process of building and installing the plant, which is expected in 2016 to continue to go into production business.
Through attracting FDI projects, the level of production technology in the province of Lam Dong has been raised significantly; as a condition for the transfer of equipment, new technology, advanced management experience and improve the quality of the production and processing of agricultural-forestry products which are the strength of the province, thereby contributing to increasing exports, creating employment restructuring, accelerating economic restructuring towards industrialization and modernization. FDI enterprises have created many high quality products with better designs, better meet the needs of the domestic market as well as exports. To promote the transfer of technology, advanced management level, annually, management board of IPs coordinates with the Department of Trade, Industry Promotion Centre to review the companies, renovate old technology to advanced technology and capital support for enterprises through irrecoverable capital, which excludes interest rates. The Management Board support about 5 to 7 companies in IP annually.
According to Mr Tran Xuan Vuong, Head of Management Board of Lam Dong IP, the central task of IPs throughout the province in the coming period is to promote investment, focus on the occupancy rate and improving the quality of investment projects contributing to create more industrial production value; increase exports to create motivational boost for growth and shift in the structure of local GDP towards modernization, contributing to sustainable economic development in Lam Dong and international integration. The Management Board will accelerate the promotion, investment promotion with various content to soon fill the area of IPs associated with improving the quality of projects; select investors with real financial capacity, who use more advanced technology, and are less labour intensive and more environmentally friendly; giving priority to agricultural - forestry - minerals projects, supporting industries, electronics, and mechanical engineering projects.
The Management Board will focus on calling for capable companies and investors to carry out the investment, construction and trading on IP infrastructure, water treatment plants in Phu Hoi Industrial Park to prepare all the conditions on the ground, infrastructure and public utility services to serve their businesses in the industrial zones.
However Mr Vuong said because the land fund in Lam Dong IPs is still limited, so the selection of capable and experienced investors is being paid due special. For the mandatory criteria, besides meeting the provisions of the Investment Law, in accordance with the planning, environmental protection, financial capacity of investors, selected projects must meet criteria of the progress, use advanced technologies, ensuring the principles of environmentally friendly and in line with Vietnam's conditions; apply advanced management and operation process, energy saving and efficiency in production. Lam Dong IPs are also restricted when attracting investment projects in sectors causing waste, pollution or environmental degradation. Lam Dong IPs also facilitate the development of new green industries, rational land use; contribute to create jobs for local workers, and improve the quality of material life and spirit of the people.
K.Bang - M.Tuan
Vietnamese
