At the "Sustainable Development of Vinh Phuc Industrial Parks" conference last September, Chairman of Vinh Phuc Provincial People's Committee Tran Duy Dong emphasized the need to develop green eco-industrial parks for sustainable competitive advantages. He instructed agencies to address investors' concerns about land issues, including pricing, filling, compensation and site clearance.
Chairman of the Vinh Phuc Provincial People's Committee Tran Duy Dong conducts an inspection of the current situation at Song Lo I Industrial Park
Focused development of eco-industrial parks
According to the Vinh Phuc Provincial Planning for the 2021-2030 period, with a vision to 2050, the province will draw strategic investors and multinational corporations with investment projects using advanced technology and new environment-friendly technology, having positive effects, and connecting global production and supply chains. Following this approach, the province's industrial park (IP) infrastructure developers have always focused on developing green, ecological industrial parks to create sustainable competitive advantages.
Mr. Nguyen Anh De, Deputy General Director of Vinh Phuc Infrastructure Development Joint Stock Company (VPID) - one of the first industrial park infrastructure developers in Vinh Phuc and the developer of Khai Quang Industrial Park, said: VPID always strives to create green, sustainable industrial parks where everyone has the opportunity to develop in a clean, safe and prosperous environment. Currently, the wastewater treatment plant at VPID applies SRB technology to improve treatment efficiency and reduce operating costs. It is also building module 2 with a daily capacity of 14,000 cubic meters to raise the treatment capacity to 25,000 cubic meters a day in Khai Quang Industrial Park.
Remarking on efforts to develop green, sustainable industrial parks, Ms. Dam Bich Ngoc, Director of Amane Joint Stock Company, the developer of Thai Hoa - Lien Son - Lien Hoa Industrial Park, stated that to successfully attract investment fund and developing industries as planned, the province needs to target investors with advanced technologies, high added value, high investment rate, low use of fossil energy, less emission, circular business and clean technology in the coming time.
Mr. Kenta Kawanabe, General Director of Thang Long Vinh Phuc Industrial Park Corporation, said Vinh Phuc province needs to effectively train workers, and continue to have open investor support policies regarding land compensation and site clearance.
Appreciating their remarks, Dong instructed agencies to address investors' concerns about land issues, including pricing and compensation. Vinh Phuc will focus on transforming traditional industrial parks into eco-industrial and high-tech parks, prioritizing R&D, digital transformation, and energy conservation. The province aims to attract projects that effectively use land, promote regional development, ensure environmental sustainability, and enhance the industrial-urban-service ecosystem.
Besides, priority is given to attracting high-tech industrial manufacturers, including computers, telephone and electronic equipment, semiconductors, electric vehicles, pharmaceuticals and high-tech agriculture, as well as projects registered by leading multinational corporations and key suppliers in global supply chains led by multinational corporations.
Close investor support, prompt troubleshooting
At the conference “Sustainable Development of Vinh Phuc Industrial Parks in 2024”, Dong affirmed: Vinh Phuc is enhancing support for businesses and investors by accelerating administrative reforms and digital transformation. The province is improving responsibility, consulting quality, and troubleshooting methods for land, investment, construction, and firefighting procedures. Additionally, it coordinates with local authorities on land compensation and site clearance, while focusing on the maintenance of green spaces and technical infrastructure, and ensuring fair land and factory rental rates in industrial parks.
“With the motto that investors in Vinh Phuc are citizens of Vinh Phuc and businesses are rich, Vinh Phuc develops, the province is committed to creating all favorable conditions for investors to do business effectively,” he stated.
At present, Vinh Phuc province has 17 IPs with a total area of 3,142.96 ha, including nine in operation (Kim Hoa, Khai Quang, Binh Xuyen, Ba Thien, Binh Xuyen II - Phase 1, Ba Thien II, Tam Duong II - Zone A, Thai Hoa - Lien Son - Lien Hoa - Section II - Phase 1, and Thang Long Vinh Phuc), three under construction (Son Loi, Tam Duong I - Zone 2, and Song Lo I) and five blueprint IPs (Binh Xuyen II - Phase 2, Nam Binh Xuyen, Phuc Yen, Song Lo I, and Dong Soc).
The appeal of Vinh Phuc-based industrial parks comes from a favorable geographical location and available land for industrial development in addition to a synchronously invested infrastructure, and open and transparent investment attraction policies. The province adopts close administration of local industrial zones. Provincial agencies and local authorities have actively strengthened the State administration of industrial parks.
The province has 495 valid investment projects in industrial parks as of September 15, 2024, including 119 domestic direct investment (DDI) projects with a total investment capital of VND38,822.71 billion and 376 foreign direct investment (FDI) projects with US$6.73 billion. The occupancy rate of industrial parks is 44.62% (calculated on the allocated land: 70.62%).
FDI investment projects come from 20 countries and territories, largely engaged in electronic equipment manufacturing (accounting for 50.4%), and automobile and motorbike manufacturing (12.8%). Foreign investors have disbursed up to 60-65% of their pledged fund. IPs have created jobs for nearly 142,500 workers. Among the countries and territories investing in the province, South Korea takes the lead with 183 projects and US$1.9 billion, followed by Japan with 48 projects and nearly US$1.1 billion, Taiwan (China) with 44 projects and US$1.1 billion, China with 42 projects and US$387 million, and Thailand with 10 projects and nearly US$750 million.
Indeed, tenants in Vinh Phuc province-based industrial parks not only contribute to socioeconomic development and increase budget revenue, but also help create jobs, improve livelihoods and ensure local social security.
By Nguyet Tham, Vietnam Business Forum
Vietnamese
