9:54:56 AM | 24/5/2012
In addition to accelerating the development of industrial factories, Tay Ninh province pays particular attention to building industrial zones to attract investment for economic development. Currently, the province has eight centralised industrial parks, including four operational ones, one export processing zone, and two border gate economic zones. These facilities provide space for investors and create a driving force for local economic development and employment generation.
Mr Kieu Cong Minh, Deputy Director of Tay Ninh Economic Zone Management Board, said industrial and economic zones in the province have gradually gone into stable operation, attained impressive achievements, and contributed to the local industrialisation progress. Specifically, four operating industrial parks (Trang Bang, Phuoc Dong - Boi Loi, Bourbon An Hoa, and Cha La) housed 172 projects as of March 2012, including 131 foreign-invested projects capitalised at US$982.93 million and 41 domestic investment projects with a registered capital of VND3,089 billion. So far, 149 operational projects provide some 49,000 jobs, of which 70 percent are local people and the rest are guest workers from other provinces.
The 393-ha Trang Bang Industrial Park is the first to be built and the best performing of its kind in Tay Ninh province. To date, it has attracted 117 foreign-invested projects worth US$431.34 million and 32 domestic -invested projects capitalised at VND2,240.75 billion. It has leased 221.2 ha, or 83.4 percent of rentable area. In recent years, it has served a very important role in Tay Ninh province’s exportation.
The Phuoc Dong - Boi Loi Industrial - Urban - Service Complex is the largest industrial zone in Tay Ninh province, covering more than 2,800 ha in Phuoc Dong and Bau Don communes in Go Dau district and Don Thuan commune in Trang Bang district. Currently, the developer is building infrastructure and has attracted three foreign investment projects worth US$460 million and three domestic investment projects with a total registered capital of VND611 billion, which rented 89 ha of land. Once completed, the complex will become an urban residence and attract 100,000 workers.
The 1,020-ha Bourbon An Hoa Industrial - Service Zone in An Hoa commune, Trang Bang district has completed land compensation. The developer is constructing infrastructure and the zone has drawn nine foreign-invested projects registering to spend US$38.59 million and six domestic projects with VND237.34 billion, which hire 20.7 ha of land.
The Cha La Industrial Park is housing two foreign projects with registered capital of US$53 million, hiring 20.35 ha of land.
Four remaining industrial parks include Bau Hai Nam (covering 200 ha in Gia Loc commune, Trang Bang district), Hiep Thanh (250 ha, Go Dau), Gia Binh (200 ha, Trang Bang) and Ninh Dien (300 ha, Chau Thanh). These industrial parks are finalising procedures for infrastructure construction.
Regarding border gate economic development, the 21,283-ha Moc Bai Economic Zone includes the 1,356-ha Moc Bai Border Gate Urban, Commercial and Industrial Zone. To date, the economic zone has attracted 48 investment projects with registered capital of US$219.1 million and VND6,468.5 billion. Sixteen have gone into operation, which made VND1,050 billion and US$70 million of investment capital.
Together with the Moc Bai Border Gate Economic Zone, the Xa Mat Border Gate Economic Zone is a potential investment destination in Tay Ninh province in the coming time. It covers an area of over 34,000 ha with four border gates - an international border gate and three secondary border gates. By the end of 2011, the Xa Mat Border Gate Economic Zone had 11 domestic investment projects with a combined registered capital of VND328.128 billion. In the near future, it will have as good industrial and commercial zones as in the Moc Bai Border Gate Economic Zone. At present, Tay Ninh province aims to make Moc Bai and Xa Mat economic zones the hearts of border gates which will form a rational synchronous trade space to facilitate trade with Cambodia and beyond.
In addition, small-scale industrial complexes planned in 2004 and supplemented in 2007 are being expanded, including Thanh Dien and Ben Keo. The province is preparing to deploy other ones like Hiep Thanh 1 (550 ha), Hiep Thanh - Rach Son (250 ha), Gia Binh (200 ha), Bau Rong (300 ha) and Tan Hoi (150 ha).
The province plans to bring blueprint industrial zones into operation in five years to come to boost the process of industrialisation and modernisation. With the current fast growth, Tay Ninh province will become a modern and sustainably industrialised province.
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