Along with other economic achievements, province-based industrial parks (Ips) in 2013 continued upholding their effectiveness, creating a driving force for the local development. Some targets on investment attraction, export, State budget collection…reached a higher growth rate compared to 2012. 

Production of an enterprise in the My Phuoc IP

Effective investment attraction

Ips under provincial Ips Management Board in 2013 absorbed more than US$473.4mln in FDI capital. Particularly, there were 70 new FDI projects with a total registered capital of more than US$311mln and 63 extra-ones with US$162.3mln. They also lured additional 14 domestic investment projects with a total registered capital of more than VND498bln and 4 extra-ones with nearly VND185bln.

Among the above FDI projects, several projects with large investment capital include the VND104mln-factory of Japan’s Maruzen Foods Vietnam Co.Ltd. in the My Phuoc 3 IP; the US$47.6mln-factory of Japan’s Tomoku Vietnam Co.Ltd in the My Phuoc 3 IP; the US$10mln-factory of Singapore’s Rheem Vietnam Co.Ltd. in the Dong An 2 IP; the US$14.3mln-factory of Taiwan’s Kwang Yang Vietnam Co.Ltd. in the Dai Dang IP; the US$40mln-factory of Holland’s Pepsico Food Vietnam Co.Ltd.,…Yasufumi Kasuga, General Director of Maruzen Foods Corporation spoke highly of province-based Ips and said that their well-built infrastructure was an important element to absorb the corporation’s investment.

Japan continued taking the lead among new FDI projects in Ips under provincial Ips Management Board, followed by South Korea. Noticeably, most of these FDI projects focused on auxiliary industries. In the first eleven months of 2013 alone, 23 out of 56 new FDI projects in these Ips concentrated on industries of accurate mechanism, electronics…

Making great contributions to province’s economic development

In addition to good results in investment attraction, the province in 2013 saw a stable development in production and business of enterprises in Ips under provincial Ips Management Board. These Ips attracted additional 66 projects, bringing the total number of projects herein to 969 projects, including 617 FDI ones.

Estimatedly, the total revenue of enterprises in these Ips in 2013 reached more than US$6.51bln, up 21.3% compared to 2012 or 121% of the year’s plan. Their export turnover reached nearly US$3.35bln, up 19.1% or 119% of the year’s plan while their import value was more than US$3bln, up 15.2%...They also paid US$155.4mln for State budget, up 14.5% compared the corresponding period of 2012 or 115% of the year’s plan.

Tran Van Lieu, Head of provincial Ips Management Board said that under the instruction of provincial Party Committee and People’s Committee, the Management Board actively took measures put forward in the Government’s Resolution No.01/NQ-CP and Resolution No.02/NQ-CP and provincial People’s Committee’s Plan on removing difficulties in production and business, supporting the market. Upon this, enterprises in Ips under provincial Ips Management Board gained a stable growth in production and business. Investment attraction in these Ips also surpassed the year’s plan…

For 2014’s tasks, provincial Ips Management will further urge investors of the Ips to hasten the construction of approved projects and build technical infrastructure in a synchronous way; call for investment projects, especially those with great potential in terms of investment capital and production technology in line with the province’s development orientations; take initiative in having a grasp understanding of enterprises’ production and business activities for timely support…

With the above measures, provincial Ips Management Board believes that Ips under the Management Board will fulfill and surpass 2014’s plan with the targets of absorbing between US$350mln and US$450mln in FDI capital and between VND350mln and VND500bln in domestic investment capital; securing between US$3.8mln and US$4bln in export turnover; paying between VND170mln and VND180mln for State budget…

Reported by V.Giang-Translated by K.T