Local VSIPs boost investment attraction

The Vietnam-Singapore Industrial Park (VSIP) trademark has always led industrial park models in Vietnam and is also an attractive destination for foreign and domestic investors. Along with building up a synchronous and modern infrastructure system, VSIP has always created favorable conditions for foreign and domestic enterprises to work.

Modern, synchronous infrastructure

Since being established, VSIP has always attached special importance to infrastructure development, aiming to bring investors the best investment climate. Following the success of VSIP I, VSIP II and II-A continued being set up from 2006 to 2008 with more than 2,000 hectares. These new VSIPs have not only brought investors modern technical infrastructure facilities, but also created a harmonious connectivity between industrial development, trade-service and urban development.

This is a production line of Tetra Pak Company in the VSIP II

Thanks to having favorable factors, the VSIP trademark is always an attractive destination for investors around the world. Hemant Rupani, General Director of Mondelez King Do Vietnam Joint Stock Company said that VSIP has a modern and synchronous infrastructure system in line with the company’s demand. Whilst, Chris Kenneally, President of Tetra Pak South Asia, East Asia & Oceania: “Vietnam has become a destination for regional-sized factories and VSIP is a place selected by us for investment and development”.

Creating favorable investment climate

Together with building up a modern and synchronous infrastructure system at investors’ demand, province-based VSIPs have strengthened marketing activities and well realized customer care. They have always facilitated investors’ development.

Mr.Hemant Rupani said that during its operational process, the company has always received support from the local authorities at all levels. Meanwhile, IRWIN Lee, CEO of  Universal Robina Corporation in the Philippines said that over the past time, the province created favorable conditions for URC Vietnam Company to work effectively. URC Vietnam Company is under Universal Robina Corporation, one of top food and beverage producers in the Philippines. In Vietnam, the corporation has built 5 factories, including 3 in VSIP I and VSIP II-A with total investment of more than US$100million.

Nguyen Van Hung, Co-Chairman of VSIP Group said: “We will further make efforts at enterprises’ demand; attach special importance to setting up a new supply chain with focus on fostering an auxiliary industrial chain, improving logistic services and creating advantageous conditions for goods, material exchange, thereby facilitating enterprises’ development. We will also continue upholding the spirit of flexibility and creation, which has helped VSIP become a role-model for strategic thought and far vision with a special hallmark in Vietnam…”.

Reported by Phuong Le-Translated by K.T