5:16:16 PM | 5/12/2013
Ca Mau has much development potential; yet, it has an inconvenient location. The transportation infrastructure linking it with neighbouring localities is still limited, and the industrial economy remains a relatively small sector. Therefore, over the past time, to create premise to develop economy towards industrialisation and modernisation, Ca Mau has focused on developing plans to build industrial zones (IZs) by 2015 and orientation to 2020 including 4 IZs built in the key economic zones of the province.
Currently, four IZs of Ca Mau province are under construction and calling for investment. They have the total planned area of nearly 1,477 hectares. Nam Can Economic Zone (EZ) covers an area of 11,000 hectares. So far, 22 projects have been licensed with the total registered investment capital of VND18,042 billion. In the first 6 months of 2013, revenue of the projects going into operation reached US$20 million. The results showed that the value of industrial production in the industrial zone is too low, thus it is necessary to accelerate the construction of technical infrastructure of industrial zones to create favourable conditions to attract investment projects, step by step contributing positively to the growth and the restructuring of the socio-economy of the province.
According to the Head of the Management Board of EZs Nguyen Minh Ai, Ca Mau is a province with socio-economy riddled with extreme difficulties. Therefore, in addition to the full implementation of the investment incentives under the provisions of the Investment Law, Ca Mau province offers the most favorable incentive policies, tax and land incentives for investors. In addition, the province also gives priority to implementing policies supporting and enabling investors to implement administrative procedures in investment registration, to associate and support vocational schools, universities, colleges of provinces to develop human resources. Furthermore, it coordinates timely with other industries to settle requirements of investors and businesses in the investment process and manufacturing in the industrial parks.
In terms of raising the occupancy rate of the provincial industrial parks, Mr Ai said that in fact, the work has faced many difficulties during the past time. In addition to internal causes, the above-mentioned objective depends on objective factors such as the construction process and the formation of the transport system connecting regions under the investment of the central government, the recovery of the world’s economy and the country’s economy, etc. However, Ca Mau is located in the key economic region of Mekong Delta. In addition, currently the Government and the Ministry of Transport along with the Ministry of Agriculture and Rural Development are investing in a transportation system connecting areas such as Xuyen A road, Ho Chi Minh Road to Ca Mau, the Southern coastal route, Highway 63. These projects, when completed, will open opportunities to facilitate transport between Ca Mau and other provinces in the region and internationally along with National Highway 1A, Ca Mau - Phung Hiep route, Ca Mau airport, Nam Can port, Hon Khoai deepwater port. It is also an important basis for Ca Mau to have additional conditions to attract domestic and international investment.
To develop IZs and Nam Can EZ in the upcoming time, Ca Mau province has worked closely with ministries and departments as well as investors to create the most favorable conditions for the above-mentioned projects to be completed early. In addition, the province is actively adjusting the IZ planning, mobilizing investment resources for infrastructure development. The province also strengthens investment attraction in the infrastructure of IZs and EZs of the province. Mr Ai stressed: "The synchronous implementation of the above solutions will soon improve the possibility of filling up IZs and EZs of Ca Mau province."