Investment News

Increase the attractiveness of industrial parks and economic zones


Quang Ninh identifies the area of industrial zones and economic zones as one of the new growth and development engines. In addition to enterprises with good investment efficiency, the province is continuing to create favorable mechanisms to increase its attractiveness to attract more potential and experienced investors to invest in industrial zones and economic zones.


Provincial People's Committee awarded investment certificates for 2 projects of more than 2,700 billion VND in Nha Mac lagoon area (Quang Yen coastal economic zone).

Capital flows continuously into Quang Ninh

In 2022, in the context of the world facing many difficulties due to the Covid-19 pandemic, the Russia-Ukraine conflict, but with the drastic and effective direction and management of the province, the work of attracting investment in the Industrial zones and economic zones still achieved positive results. Total attraction of non-budget investment capital for the whole year is estimated at 89,026 billion VND, equaling 65.2% compared to 2021. Of which, the issuance and adjustment of investment registration certificates (IRCs) are for 9 domestic projects, total capital of 32,850 billion VND, 19 FDI projects, total capital of 622.6 million USD; approved and adjusted investment policy in 39 domestic projects with total capital of 35,841 billion VND.

Notably, at the Provincial Investment Promotion Conference (July 2022) with the theme "Quang Ninh converges and spreads", there were memorandums of understanding, committing to invest nearly 2 billion USD in Quang Ninh. Among them, Stavian Quang Yen Petrochemical Joint Stock Company committed to invest in Bac Tien Phong Industrial Park to implement a project to produce Polypropylene plastic beads, with an investment of 1.5 billion USD; Vietnam Investment Q Limited Company (belonging to Indochina Kajima Development Co., Ltd., a joint venture between Indochina Capital and Kajima Corporation of Japan) signed an agreement with the investor of Bac Tien Phong Industrial Park to hold 7.6ha of land in Lot CN5 for development. develop a system of ready-built factories and warehouses, estimated investment capital of 23.9 million USD.


The signing ceremony of the memorandum of understanding and awarding the investment registration certificate for the project in Bac Tien Phong Industrial Park at the Provincial Investment Promotion Conference in 2022.

Also at the Provincial Investment Promotion Conference in 2022, the Provincial Economic Zone Management Board awarded the Investment Registration Certificate to BW Bac Tien Phong Industrial Development Co., Ltd. to invest in the construction and lease of ready-built offices, factories and warehouses. , warehousing services, logistics, total investment capital of 20.5 million USD.

Mr. Michael Chan, Sales Director of BW Bac Tien Phong Industrial Development Company Limited, shared: "Like other investors, we are very careful when choosing an investment location and Quang Ninh is the destination. meeting all the requirements of foreign investors, specifically, we chose Bac Tien Phong Industrial Park as a synchronous and modern industrial park with long-term development prospects."


The handover ceremony of 7.4ha at Lot CN2 between the infrastructure investor of Bac Tien Phong Industrial Park and BW Bac Tien Phong Industrial Development Company Limited, September 6, 2022.

Most recently, on September 1, 2022, in Nha Mac lagoon area (Quang Yen coastal economic zone), the Provincial People's Committee awarded the Investment Registration Certificate for 2 projects with a total investment capital of over 2,700 billion VND, including: Housing project Quang Yen electronic production machine of Quang Yen Electronics Co., Ltd., area of 33ha, total investment capital of 1,467 billion VND, produces wireless Bluetooth headsets, speakers for mobile phones; Construction project of factory of agricultural machinery engine parts of Quang Yen Manufacturing Industry Co., Ltd., area 27.6 ha, total investment capital of 1,248 billion dong.

Mr. Pham Tan Cong, Chairman of the Vietnam Confederation of Trade and Industry (VCCI), said: In the context of many common difficulties in the world and in the country, Quang Ninh still maintains a strong attraction of the lines. FDI flows into the area. This is not surprising given that Quang Ninh has modern and synchronously invested technical and transport infrastructure; open, friendly people; government integrity, responsibility, market, for the common development purpose of the province and the country.

New development strategy

In the planning on development orientation of industrial zones and economic zones approved by the Prime Minister, Quang Ninh currently has 16 industrial zones and 5 economic zones. In order to ensure that these IZs and EZs are the mainstays of the province's economic growth and development, Quang Ninh is developing and implementing the Project "Building and developing fast and sustainable economic zones and industrial zones", industrial clusters in Quang Ninh province to 2030, with orientation to 2040" and submit it to the Standing Board of the Provincial Party Committee for promulgation.

For Quang Yen coastal economic zone, the goal by 2030 is to build and develop into a modern and smart industrial, service, port logistics and urban center of the province and the Red River Delta region. close development linkages with other economic centers in the province as well as in the system of coastal economic zones; develop industries and fields with high technology content, environment-friendly, research and development centers. The economic growth rate in this period is about 14-15%/year, the GRDP scale is about 2.6 billion USD, the per capita GRDP is about 29-30 thousand USD. By 2040, Quang Yen coastal economic zone will be developed into a modern, livable city, an industrial and service center, and a trade center between Vietnam and China, Vietnam and ASEAN, Vietnam and East Asia. Economic growth rate is about 8-9%/year.


Bac Tien Phong Industrial Park (Quang Yen Town).

For Van Don EZ, the goal is to build a green, modern and smart city by 2030; is the economic and cultural center of the region with a focus on developing logistics services, high-class tourism, modern entertainment industry... The average growth rate is about 29%/year in the period 2021-2025 and about 23%/year in the period 2026-2030. By 2040, the construction and development of Van Don EZ will become one of the driving forces for Vietnam's economic development, one of the leading groups of livable cities in the Asia-Pacific region.

For Mong Cai border gate economic zone, by 2030, develop to become a modern and dynamic economic center on the economic belt of the Gulf of Tonkin; national and international tourism center, border gate service center and seaport logistics center, financial, trade and border service center; a solid defense line to protect the sovereignty of the national border. The average economic growth rate by 2030 is over 10%/year, the GRDP scale is about 7.48 billion USD, the GRDP per capita is 22,000 USD; By 2040, the average growth rate of GRDP is over 6%/year.

Ao Tien high-class port (Van Don EZ) was inaugurated on October 30, 2022.

For industrial zones, the development orientation is according to priority groups of industries, in which focusing on textile - garment, fashion, power production industry in Hai Ha Seaport Industrial Park; automobile manufacturing industry and automobile manufacturing supporting industry in Viet Hung Industrial Park; port logistics industry, logistics and supporting industries in Dam Nha Mac Industrial Park and Hai Ha Seaport Industrial Park; electrical and electronic equipment manufacturing industry in Dong Mai Industrial Park; forming and developing Amata Industrial Park - Urban - Service in Song Khoai Industrial Park.

Mr. Bui Van Khang, Vice Chairman of the Provincial People's Committee, said: The province will carry out a review of industrial zones that have been put into operation, such as Cai Lan Industrial Park, Hai Yen Industrial Park, and Viet Hung Industrial Park phase 1, from which to build a roadmap to eliminate projects that are no longer in line with the development orientation of industrial zones (outdated technology, potentially causing environmental pollution, low value-added...); attracting new investment projects using clean and modern technology, using few resources and human resources, but creating great added value, with global competitiveness.

The province will restructure investment sectors in industrial zones in the area to attract industrial development projects associated with domestic, regional and international value chains; strive for the average occupancy rate of operating industrial zones by 2030 to reach over 75%, by 2040 to reach over 90%.