With the goal of building the province into one of the modern industrial economic centers of the Northern midland and mountainous region and the Hanoi capital region by 2030, in recent years, Thai Nguyen province has made the most of its available advantages, made strong efforts to reform the investment environment, synchronized traffic infrastructure, infrastructure of industrial parks (IPs)... With the above approach, Thai Nguyen has become a bright spot attracting FDI and DDI enterprises to invest and expand production and business.
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| Delegates performed the groundbreaking ceremony of the DBG Technology Company Limited (Vietnam) Project registered by investor DBG Electronics Investment Limited (Hong Kong) in Yen Binh Industrial Park, with a total registered capital of 80 million USD. |
Synchronize infrastructure
The development of concentrated industrial zones and clusters in the province in recent years has been associated with the development of a synchronous infrastructure system and a modern urban system. The focus is on developing the infrastructure of industrial zones and clusters in the southern region of the province (Song Cong City, Pho Yen City and Phu Binh District). The province has had many solutions to attract investment in developing transport infrastructure and industrial zones, associated with the development of the Hanoi capital region.
Industrial parks in the province are located along the Hanoi - Thai Nguyen highway and key national routes, adjacent to large industrial parks in Vinh Phuc, Bac Giang, Bac Ninh provinces and Hanoi capital, convenient for transporting goods as well as creating favorable conditions for travel and logistics for investors.
In addition to the common mechanisms and policies of the Central and the province in the field of investment attraction, according to Mr. Nguyen Tien Dung, Head of the Investment Management Department (Provincial Industrial Park Management Board): The Board's leaders always accompany, listen to the opinions of investors and proactively contact and resolve recommendations, difficulties and problems of enterprises operating in the industrial parks. In particular, the Provincial Industrial Park Management Board always accompanies and provides legal support to enterprises. Periodically at the beginning of the year, the Board organizes direct discussions with enterprises operating in production and business in the industrial parks, promptly grasps the difficulties and problems of enterprises to find solutions.
In addition, the Provincial Industrial Park Management Board has focused on improving the efficiency of administrative procedure settlement, implementing it seriously, effectively and in accordance with regulations in this field. 100% of organizations and individuals coming to settle administrative procedures at the Management Board are given specific instructions and have their procedures settled before the prescribed time for dossiers with complete procedures according to regulations.
Implementing the Thai Nguyen Provincial Planning for the period 2021-2030, with a vision to 2050 on planning and developing industrial parks and clusters, the province will develop and expand 11 industrial parks with a total area of about 4,045 hectares, including 7 approved industrial parks and 4 additional industrial parks. If Yen Binh Information Technology Park (area of 200 hectares) is included, the total area of the province's industrial parks is 4,245 hectares.
Currently, the Provincial Industrial Park Management Board is continuing to advise the province on developing a plan to implement tasks and solutions to focus on establishing and approving the 1/2,000 scale zoning plan for Song Cong 2 Industrial Park - Phase 2; the general planning plan for the construction of Phu Binh Industrial Park - Urban - Service Area and collecting opinions from the community and departments, branches and localities on the planning tasks of Thuong Dinh Industrial Park, Yen Binh 2 Industrial Park, Yen Binh 3 Industrial Park; the general planning of Tay Pho Yen Industrial Park - Urban - Service Area and reporting to the Provincial People's Committee for approval of the policy of establishing and adjusting the detailed planning of Diem Thuy Industrial Park - Area A.
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| Thai Nguyen has the advantage of being the third largest education and training center in the country, with an abundant source of high-quality labor, meeting the needs of businesses. |
Good soil never fails to please the care taker.
Although production and business activities are in the context of general difficulties of the whole country, for Thai Nguyen, the industrial production value in the first 9 months of 2023 is still estimated at 694.8 trillion VND, up 3.68% over the same period last year, of which the industry in the foreign-invested sector (FDI) reached 643.8 trillion VND, up nearly 4% over the same period.
Notably, in the first 9 months of 2023, the province had 27 newly licensed FDI projects with a total registered capital of 171.1 million USD, 10 projects increased capital with a registered capital of 19.53 million USD. Typically: Hengxin Vietnam New Materials Engineering Factory (investment capital of 9.8 million USD); Messer Hai Phong - Thai Nguyen 3 Industrial Gas Production Factory (investment capital of nearly 9.9 million USD) ...
As of September 14, 2023, in the industrial parks in the province, there were a total of 283 projects granted valid investment registration certificates, including 156 FDI projects with a total registered capital of over 10.68 billion USD and 127 DDI projects with a total registered capital of over 16,284 billion VND. Compared to the same period last year, the total number of projects granted valid investment registration certificates increased by 16 projects (up 6%).
To achieve the above results, along with the province's macro policies on investment incentives, the Provincial Industrial Park Management Board has proactively connected, contacted and worked with potential investors and large corporations to learn about the investment and business environment in the industrial parks in the province; attracting and encouraging diverse investment projects in many fields. In particular, focusing on attracting FDI projects in the fields of high-tech industry, green, clean, environmentally friendly technology; effectively using resources, land, and labor. Prioritizing the development of 4.0 industries and those with competitive advantages...
With the synchronous implementation of solutions in investment promotion and attraction and improving the business environment in industrial zones, Thai Nguyen province has been creating a "leverage" to continue to be a growth pole in attracting investment nationwide.
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