Dong Phu Industrial Complex invested by Dong Phu Industrial Zone Investment Joint Stock Company is the first project in Hau Giang province to successfully attract companies to invest, build and develop infrastructure in industrial zones, helping reduce pressure on the State budget and strengthen its appeal to investors. To promote the projects’ effectiveness, the Provincial People's Committee advocated upgrading Dong Phu technology to Dong Phu Industrial Zone, thus demonstrating the capacity and long-term commitment of the investor to local support efforts and sustainable development.
Attractive destination in Hau Giang
Dong Phu Industrial Zone Investment Joint Stock Company is a member of Cuu Long Real Estate Investment Joint Stock Company, a property and finance group established in 2009 by experienced specialists in real estate investment and construction. As a result, the company has been ultimately supported with experience, distribution channels, relationships, customers and suppliers.
Strategic location of Dong Phu Industrial Zone
In Hau Giang province, the company has carried out many important projects such as Dong Phu Industrial Complex, Dong Phu Resettlement Area (17.9 ha) for Dong Phu Industrial zone, and a new rural residential area in Dong Phu commune while continuing to research and invest in projects in the province in the coming time.
The first and most important impression is infrastructure investment in Dong Phu Industrial Complex, Dong Phu commune (Chau Thanh district). Started in December 2009 on an area of 120ha at a total investment budget of more than VND1,070 billion (including VND180 billion for internal road 3B), the complex became one of key investment attractions of Hau Giang province.
In addition to being close to urban centers in the province such as Mai Dam town (Chau Thanh district) and Nga Sau town (Chau Thanh district), Dong Phu Industrial Complex is also located in a key industrial manufacturing hub which is conveniently linked to major economic centers in the region such as Can Tho City (15 km), Song Hau Industrial Park (1km) and Phu Huu A Industrial Complex (6 km).
In particular, Dong Phu Industrial Complex is strategically located at a bustling trade gateway of Hau Giang in particular the Mekong Delta. From here, it is conveniently connected to Nam Song Hau National Highway to reach National Highway 1A or to Tran De Port (Soc Trang province). Furthermore, this place is only 1 km from VIMC Hau Giang Port, 2 km from Cai Cui Port (Can Tho), 8 km from Can Tho Bridge and 15 km from Can Tho International Airport. Therefore, freight distribution is very convenient.
Besides, the appeal of Dong Phu Industrial Complex comes from its preferential policies on corporate income tax (15 years) and import tax; guaranteed land use term of 50 years; and available and abundant local labor resources.
In particular, Hau Giang province advocated transforming Dong Phu Industrial Complex to an industrial zone which will have new scale and position to draw large investors and develop the province’s priority areas such as food, beverage, garment, mineral and non-metallic manufacturing, electronics, computers and optical products.
In the coming time, Dong Phu Industrial Zone Investment Joint Stock Company will accelerate site clearance of the whole project and complete infrastructure construction to meet the needs of businesses and investors. The goal is to make the project a model for investment attraction and industrial development under four economic pillars of Hau Giang in the 2021 - 2025 period, hence making an important contribution to socioeconomic development and employment for local workers.
Towards a green, sustainable industrial zone
In the past years, Hau Giang province, with its important geographical and economic position, open policies and a magnetic investment environment, has caught the fancy of many domestic and foreign investors. The province has focused on planning and developing industrial zones to concretize industrial development goals for four economic pillars in the 2021 - 2025 period, and to meet the needs of investors to the fullest. In particular, the proposal of upgrading Dong Phu Industrial Complex to Dong Phu Industrial Zone was already submitted to the Ministry of Planning and Investment for consideration and to the Prime Minister for approval and addition to the Vietnam Industrial Zones Development Planning.
Mr. Tran Quoc Du, Chairman of the Board of Directors cum General Director of Dong Phu Industrial Zone Investment Joint Stock Company, said Hau Giang is aiming for sustainable economic growth coupled with protecting the green and clean environment, creating a harmonious landscape and improving people's life quality. The establishment of Dong Phu Industrial Zone is an advantage to woo large corporations and large-scale projects. Furthermore, it will also help promote service development for industrial production and economic restructuring, and provide jobs for local and neighboring workers.
Currently, Dong Phu Industrial Zone has cleared about 50 ha of the total 60 ha of land in the first phase. More than 40 investors expressed their interest in the project, expecting to hire nearly 200 ha.
Going towards this orientation, Dong Phu Industrial Zone will be a model industrial destination, designed in harmony with the natural environment landscape, and truly an ecological industrial zone. Tenants will be high-quality investors who must meet environmental criteria. Dong Phu Industrial Zone will increase investment in technology for sustainable environmental protection for the future of local people.
At the same time, it will focus on investing in synchronous traffic, cold storage, logistics systems and ports to enable the investor to create, trade and develop services to increase benefits for customers. Besides, it will be invested with health and education infrastructure, living utilities and entertainment facilities for local people.
“We define education and health investment as an investment for the future in a bid to grow business with environmental protection (green - clean - environmentally friendly) to form many symbiotic ecosystems that bring joy and happiness to all," he affirmed.
Remarking on the investment environment of Hau Giang province, General Director Du said, the province and local agencies have always supported and facilitated the investor. Provincial leaders always care about and promptly remove difficulties arising from project implementation.
In the coming time, the company hopes to be further supported to keep the project on schedule and soon welcome tenants into Dong Phu Industrial Zone which will be a helping hand for local sustainable development.
DONG PHU INDUSTRIAL ZONE
Source: Vietnam Business Forum