Investment News


Creating incentives to invest in industrial clusters

23/10/2021

Industrial clusters (ICs) play an important role in meeting the needs of relocation of handicraft establishments (small industries), promoting industry, and local socio-economic development. Over the past time, from provinces to departments, branches and localities, they have actively approved planning, attracted investment, accelerated construction progress, thereby, creating prosperity in IC's activities.

Leaders of Cam Thinh Industry Joint Stock Company review the progress of investment in Phuong Nam Industrial Park, Uong Bi City.

After many years of "struggling" to attract enterprises to invest in Phuong Nam Industrial Park (Uong Bi City), in early March 2021, the Provincial People's Committee issued a decision to establish Phuong Nam Industrial Park by Cam Thinh Industry Joint Stock Company as the investor to build technical infrastructure. This is a unit with a lot of experience in investment, construction and development of industrial zones with 2 clusters that have been operating effectively: Cam Thinh IC (Cam Pha City) and Ha Khanh IC (Ha Long City).

Phuong Nam Industrial Park has an area of ​​nearly 63 hectares with a total investment capital of over 545 billion VND. With a convenient, synchronous and modern location, Phuong Nam Industrial Park will effectively serve the operation of industrial facilities, handicrafts, and industrial services, contributing to promoting local industry, and attracting investment resources. Currently, Uong Bi City is actively coordinating with Cam Thinh Industry Joint Stock Company to speed up the site clearance, hand over the clean ground to the investor, and ensure the IC to be put into operation in the first quarter of 2022.

In mid-September 2021, the Provincial People's Committee issued Decision No. 3116/QD-UBND on the establishment of Dong Mai IC (Quang Yen Town). This IC has an area of ​​16ha with a total investment of nearly 210 billion VND, invested by Tan Dai Duong International Import-Export Joint Stock Company as the investor to build technical infrastructure. It is expected that in the third quarter of 2022, the investor will complete the investment in the construction of technical infrastructure and in the fourth quarter of 2022, to attract secondary investors. The operation period of Dong Mai IC is 50 years from the date of establishment. Dong Mai IC was established to arrange the following facilities: Processing food; producing shoes; processing the wood; industrial gas production; other processing and manufacturing industries... Currently, the investor is planning, assessing environmental impacts, approving investment projects to build technical infrastructure...

Not only have flourished in attracting investment enterprises, but many industrial clusters in the province have also promoted their efficiency, strongly promoting the local industry, meeting the demand for the relocation of cottage industry.

Despite the positive changes, the attraction of investment, construction and development of industrial zones in the province still faces many difficulties. According to the project on Adjusting and supplementing the provincial industrial cluster development planning to 2020, with a vision to 2030, in the period of 2020, the province will have 9 industrial clusters with an area of ​​470.8 ha. But so far, the province has only 7 industrial parks with an area of ​​391.3ha. The reason is that a number of ICs have not been able to choose a capable, financial and experienced investor, which has made infrastructure investment prolonged, be unable to promptly respond to production activities, and not attract secondary businesses such as: Kim Sen Industrial Park (Dong Trieu Town), Nam Son Industrial Park (Ba Che District)... The industrial clusters mainly invest in construction to attract small and medium enterprises, small-scale establishments, cooperatives... Therefore, this is not a favorable environment for large projects that are driving forces for local industrial development. Large investment capital, slow capital recovery time, many stages of administrative procedures... are also the reasons why businesses are not interested in investing in industrial infrastructure, especially in mountainous, border and island districts.

Investors hope that, in the coming time, the province will have more preferential policies to support investment in industrial zones in the province; along with that is to complete the essential infrastructure, especially the traffic infrastructure to the industrial zones... Thus, it will further improve the efficiency of attracting investment in the industrial zones.

Cao Quynh (Bao Quang Ninh)