To attract investment, especially FDI capital, Tien Giang province is focusing on developing industrial parks (IPs) and industrial clusters (ICs) to catch the investment wave.
 Gia Thuan 1 Industrial Park is now in operation. |
*Increasing investment attraction in industrial zones and clusters
Currently, the province has 3 industrial parks and many industrial clusters that have come into operation, attracting many investment projects, especially foreign investment capital. In recent times, the province and investors in infrastructure of the zones and industrial clusters have promoted attracting secondary investors.
Gia Thuan 1 Industrial Park (Go Cong Dong District) with a scale of 50 hectares is one of the industrial projects in Tien Giang province that has just come into operation in recent years. According to the leader of Tien Giang Investment and Construction Joint Stock Company (TICCO), currently, Gia Thuan 1 Industrial Park has 1 project that has come into operation with an area of 10.4 hectares; 2 projects are preparing to build factories with a total area of 2.83 hectares. In addition, there are 3 investors who have agreed on locations to implement projects at the Industrial Park with a total area of about 11.2 hectares. Thus, the total area signed for land lease and location selection is about 24.4 hectares/40.34 hectares, reaching an occupancy rate of 60.5%. Currently, it is eligible to apply for expansion of the industrial park area. Therefore, the enterprise plans to propose the Provincial People's Committee to approve the expansion of the Gia Thuan 1 Industrial Park by about 25 hectares. As for Gia Thuan 2 Industrial Park, the enterprise has basically completed the legal steps. The enterprise has leveled the ground, built roads, rainwater drainage systems, and treated wastewater... It is expected that Gia Thuan 2 Industrial Park will be completed and receive secondary investors in 2025.
According to the People's Committee of Tan Phuoc district, the district has Long Giang Industrial Park with a total area of 540 hectares. Up to now, Long Giang Industrial Park has called for investment in 55 projects in the following industries: electronics, copper, plastic packaging... Currently, the occupancy rate of this Industrial Park is 85%, with a total investment capital of 1.78 billion USD and 166.34 billion VND. Enterprises in Long Giang Industrial Park create jobs for about 25,000 workers. In 2023, the total export turnover of enterprises in the Industrial Park will reach over 2 billion USD, contributing significantly to the industrial production value of the province. In recent times, the Industrial Park has had many investors from countries such as China, Japan, Korea, Singapore... coming to invest. Enterprises are continuously investing in expanding production scale such as: Sunjin Vina Mekong Co., Ltd., TexHong Ngan Long Textile Co., Ltd., Nissei Electric MYTHO Co., Ltd., UNI-BRAN Cooking Oil Co., Ltd.... Currently, the locality is coordinating with industries and investors of Long Giang Industrial Park to continue calling for investment to fill the land area.
Recently, the Prime Minister has approved the investment policy for the Tan Phuoc 1 Industrial Park Infrastructure Investment and Construction Project. The project has a total investment of more than VND 5,900 billion, with a scale of 470 hectares. Up to now, the project has completed the announcement of the 1/2000 planning. According to the approved zoning plan, this is a multi-industry industrial park. After the investment is completed, Tan Phuoc 1 Industrial Park will have 362.8 hectares of industrial land with available technical infrastructure to attract investment in industries such as: Production and processing of food and beverages; garment production; production of automobiles and other motor vehicles; production of chemicals and chemical products; production of products from non-metallic minerals and metals; beds, cabinets, tables, chairs, etc.
According to Mr. Pham Van Chinh, General Director of IDICO Tien Giang Joint Stock Company, the company has conducted surveys, researches, and researches on investment opportunities in many localities and has recognized the strong potential of Tien Giang province in developing industrial parks. In particular, Tien Giang province has identified the industrial development pole as Tan Phuoc district. Currently, the company is in the process of implementing the procedures. The company is committed to focusing all resources on investing in the construction and development of Tan Phuoc 1 Industrial Park.
 Long Giang Industrial Park is continuing to call for investment to fill the area. |
*Speed up project progress
Currently, in addition to the industrial parks and industrial clusters that have come into operation, Tien Giang province is urgently implementing other industrial development projects according to the planning approved by the Prime Minister. Accordingly, in addition to Tan Phuoc 1 Industrial Park, the province is currently focusing on implementing Binh Dong Industrial Park (Go Cong city). The project has a total area of 210.1 hectares. The project's investment capital is more than VND 2,428 billion. Currently, the investor is coordinating with the sectors and local authorities to implement the project steps according to plan.
Along with the Eastern region, according to the province's orientation, Tan Phuoc district is planned as a key area for industrial development in Tien Giang. Accordingly, many industrial parks and clusters have been planned locally to achieve this goal. Tan Phuoc district is focusing on coordinating with relevant units to quickly implement industrial development projects. In the immediate future, the district will focus on accelerating the progress of implementing the newly approved Tan Phuoc 1 Industrial Park. In addition, the district is also planning Tan Phuoc 2 Industrial Park with a total area of 450 hectares. Up to now, this industrial park has completed the announcement of the 1/2000 planning and the planning boundary as prescribed. The Provincial People's Committee is submitting to the Government for approval of the investment policy. In addition, the district is also implementing the Thanh Tan Industrial Park with an area of 50 hectares. The Provincial People's Committee has issued a decision approving the adjustment of the investment policy and approving the investor of this industrial park project. The investor is coordinating with relevant agencies to carry out land procedures and implement investment steps in accordance with regulations.
According to the leader of Tan Phuoc District People's Committee, in the immediate future, the district will focus on the Southeast Tan Phuoc area approved by the Provincial People's Committee. Industries attracted to these industrial parks include: Manufacturing household appliances, light industry, machinery and electronic products, wood processing and interior decoration... In particular, the district will prioritize calling for investment in high-tech industries; building industrial parks such as: Thanh Tan, My Phuoc 1, My Phuoc 2, My Phuoc 3, Thanh Hoa, Phuoc Lap...
According to the Department of Industry and Trade of Tien Giang province, to concretize the breakthrough goal in industrial development, the Department is compiling and completing the dossier to request the Provincial People's Committee to approve the investment policy of the following industrial parks: My Phuoc 1, My Phuoc 2, My Phuoc 3, Long Trung, My Phuoc Tay. At the same time, carry out the procedure to adjust the decision to establish Thanh Tan industrial park. In the last months of the year, the Department of Industry and Trade will try to complete the investment policy dossier of the following industrial parks: My Phuoc 1, My Phuoc 2, My Phuoc 3, Long Trung, My Phuoc Tay and submit it for appraisal; complete the criteria for selecting investors of the following industrial parks: My Phuoc 1, My Phuoc 2, Long Trung, My Phuoc Tay, Long Binh; submit it to the Chairman of the Council for Evaluation and Selection of Investors for approval as a basis for selecting investors.
| According to the Management Board of Industrial Parks of Tien Giang province, in the coming time, the unit will continue to strengthen the monitoring, supervision and evaluation of the implementation of foreign investment projects; urge the implementation of projects behind schedule. At the same time, support investors and enterprises with foreign direct investment (FDI) to resolve difficulties and problems in the process of implementing investment, production and business activities to ensure the provisions of the law on investment, construction, environment, labor and other relevant laws. The Board will carry out investment promotion work, promote foreign investment attraction in industrial parks in the province, achieve and exceed the 2024 plan, making an important contribution to promoting the sustainable socio-economic development of the province. |
Anh Thu - Anh Phuong
Lesson 1: "Sweet fruit" from attracting investment
Source: https://tiengiang.gov.vn/chi-tiet-tin/?/bai-2-on-song-au-tu-moi/56940613
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