Expanding Southeast Nghe An Economic Zone to 80,000 hectares

Oct 01, 2021

Nghe An Provincial People's Committee has just approved the project of Southeast Economic Zone to 2025. The objective of the project is to build and develop the Southeast Economic Zone into a driving force for economic growth of Nghe An province, with an attractive and highly competitive in the North Central region.

Specifically, by 2025, the Southeast Economic Zone will be adjusted to 80,000 hectares (including 70,000 hectares of land and 10,000 hectares of sea surface). In which, the area of ​​the industrial park is about 15,000 ha, renamed Nghe An economic zone.

In addition, the Southeast Economic Zone Management Board will study the planning and establish Thanh Thuy Border Gate Economic Zone with a natural area of ​​about 21,500 hectares, and plan the development of 10 to 12 industrial parks outside the economic zone with an area of ​​​​about  21,500 ha. The natural area is about 4,500 ha.

In the period of 2021 - 2025, the Southeast Economic Zone strives to attract investment from 100 to 120 projects with a total registered capital of about VND 75,000 - 90,000 billion. Of which, foreign investment capital is about  2.26 billion USD. Realized investment capital is estimated at over 60% of the registered investment capital.

In addition, budget revenue in the Southeast economic zone and industrial zones by 2025 will account for about 20-25% of the total budget revenue in the province. create jobs for about 80,000- 100,000 people. It is expected that the total cost of implementing the Project for the period of 2021-2025 is about VND 19,912.7 billion.

It is known that the Southeast economic zone currently has a total area of ​​nearly 21,000 hectares. In the 2016-2020 period, attracting investment in the  Southeast Economic Zone and industrial zones in the province has had very positive results, initially attracting a number of large-scale and significant projects. development impetus. The production and business activities of enterprises in the Southeast Economic Zone and industrial zones annually contribute from 10 to 12% of the total provincial budget revenue.

As of September 2021, the Southeast Economic Zone and the industrial zones of Nghe An province have 253 valid investment projects with a total investment capital of 69,943.1 billion VND (equivalent to 3.02 billion USD). In which, there are 48 FDI projects with a total registered capital of 1.09 billion USD, 205 domestic projects (DDI) with a total registered capital of 44,755.5 billion VND (equivalent to 1.93 billion USD). 130 enterprises went into operation.

In the last 2 years (in 2019 and 2020), VSIP and WHA industrial zones in Southeast EZ have successfully attracted a number of FDI investors with a large total investment capital in the technology field, such as: Everwin (200 million VND). USD), Luxshare ICT ($140 million), Goertek Vina ($100 million), Mery&Luxshare ($40 million).

The Management Board of Southeast Economic Zone has adjusted the investment policy of WHA Industrial Zone Nghe An Industrial Park project, adjusted 16 projects, including 3 projects adjusted to increase capital, with the total adjusted capital increased to 302, 83 billion VND. Currently, the EZ Management Board is focusing on supporting to grant an investment license for the Ju Teng project (US$200 million) proposed to invest in Hoang Mai 1 Industrial Park.

However, besides the achieved results, the development model of the Southeast Economic Zone has begun to reveal many limitations and shortcomings, the planning has not closely followed the investment needs and socio-economic development. 

According to Mr. Le Tien Tri, Director of the Southeast Economic Zone Management Board, over time, the general plan of the Southeast Economic Zone has revealed many shortcomings such as the lack of land fund for industrial park development, the non-tariff zone is no longer suitable. ; some other functional areas are difficult to deploy due to the increase in existing population in the planning area, lack of planning for land mines, leveling and infrastructure of industrial zones.

In addition, a number of industrial parks outside the Southeast Economic Zone have been planned for nearly 10 years but have not yet had infrastructure investors or invested by the state budget. The management, supervision and inspection of the implementation of construction planning have not been implemented regularly and synchronously and timely coordinated with relevant agencies and localities. on construction planning.

Besides, the Southeast Economic Zone has not yet attracted many large-scale projects that are driving force for development, the progress of implementing projects after licensing is still low; The work of compensation for site clearance still faces many difficulties and obstacles. The system of transport infrastructure, seaports, technical and social infrastructure is not synchronous and reasonable.

Source: nhadautu.vn