Dong Nai builds new industrial park infrastructure

Oct 21, 2021

Despite Covid-19, over the past few months, investment flows have been strongly directed to Dong Nai. Notably, the demand for land in industrial zones by investors to build factories is still very large, although the cost of renting industrial land increases year by year, the "thirst" for industrial land has not been eased.

According to the Dong Nai Statistics Department, in the first nine months of 2021, the total newly registered capital and projects to increase FDI capital reached more than 991.19 million USD, up 10.5% over the same period. In which, newly granted projects have registered capital of 314.55 million USD, up 28.1%; projects adjusted to increase additional capital of 676.64 million USD, up 3.9% over the same period.

Mr. Le Van Danh, Deputy Head of the Management Board of Dong Nai Industrial Zones said that the land area in the local industrial zones for lease is very small. Recently, many foreign investors have not been able to rent a large area to build factories, causing Dong Nai to lose many opportunities to attract capital flows into a number of industrial sectors. Therefore, the establishment of new industrial zones and rapid investment in infrastructure to acquire land are urgent calls for investors, helping Dong Nai industry develop, promoting export turnover growth and state budget revenue. .

According to the Dong Nai Industrial Zones Management Board, on the basis of the proposal of the province, the Government has agreed to add 5 industrial zones in the area to the development planning of Vietnam's industrial zones. Thus, in the coming period, Dong Nai will have 9 new IPs (in addition to 5 additional IPs, 1 industrial park is under construction and 3 industrial zones are planned).

Industry currently accounts for about 62% of the economic structure of Dong Nai province, helping to create jobs for hundreds of thousands of workers with stable incomes. According to Ms. Nguyen Thi Hoang, Vice Chairman of Dong Nai Provincial People's Committee, the province has many advantages to attract investment. Industrial zones in the province have great attraction thanks to their prime location and complete infrastructure system, good quality, meeting the needs of production and business activities.

“In order to continue to attract large corporations with great potential in technology and finance, Dong Nai province will invest in many new industrial zones to have a large industrial land fund to attract key FDI projects that are industry-leading. Industry accelerates further," said Ms. Hoang.

According to many experts, Dong Nai still has land fund to continue opening new industrial zones, with about 20,000 hectares of land for industrial development. In addition to the industrial land fund, the transport infrastructure system in the province has been completed quickly with many new highway projects being implemented such as Ben Luc - Long Thanh; Dau Giay - Phan Thiet; system of belt routes 3, 4. Especially Long Thanh International Airport, expected to put into operation phase I in 2025.

However, Dong Nai is facing difficulties in turning the planned industrial land fund into commercial industrial land because the completion of industrial park investment procedures has not been able to accelerate the progress. At the end of September 2021, during an online conference chaired by the Prime Minister with the business community and localities to remove difficulties and restore production and business, a number of Dong Nai enterprises have requesting the Government, ministries and branches to quickly approve the procedures so that they can invest in the technical infrastructure of the industrial zone soon.

Mr. Le Van Kiem, Chairman of the Board of Directors of Long Thanh Golf Business and Investment Joint Stock Company, said that at present, the processing of documents related to investment procedures in industrial zones is still very slow, greatly affecting businesses. registered to invest in industrial park infrastructure. Long Thanh Golf Business and Investment Joint Stock Company is planning to invest in some industrial zones in Dong Nai province, hoping the Government will quickly approve the dossier so that it can soon proceed to build infrastructure and welcome investors. at home and abroad, contributing to a faster economic recovery.

Regarding the above issue, the Government leader said that the Government will decentralize and decentralize powers for localities to quickly establish industrial zones. There are inappropriate land regulations that affect the approval of dossiers of industrial zones that will be reviewed, amended and supplemented by the Government to support enterprises to invest in industrial park infrastructure, and to support provinces and cities. in general, and Dong Nai in particular.

Mr. Cao Tien Dung, Chairman of the People's Committee of Dong Nai province, said that the early deployment of new industrial zones will help ensure the industrial land fund for investment attraction. Dong Nai advocates prioritizing land funds for investment projects in the fields of supporting industries, processing industries, deeper participation in the supply chain in the global value chain. Industrial zones will develop new models in the direction of specialized, ecological and smart.

It is forecasted that, when the documents are completed, the construction of new industrial zones is accelerated. In the next 5 years, industry in Dong Nai province will take a further step forward.


(Translated by Google)