Motivation for green, sustainable growth

Deputy Prime Minister Tran Luu Quang, representatives of central ministries and branches, Thai Binh province and Green i-Park pressed the start button of the 200 million USD factory project at Green iP-1 Industrial Park

Top 5 in the country in attracting investment

The formation of industrial parks 20 years ago and especially Thai Binh Economic Zone in 2017 has promoted growth and economic restructuring of Thai Binh province towards industrialization, modernization, and economic growth. source of local budget revenue, at the same time creating jobs for workers, contributing to substantially improving people's lives and gradually bringing Thai Binh from a purely agricultural province to a rapid and strong breakthrough in the field of agriculture. industrial sector.

In 2017, the Prime Minister issued a decision to establish Thai Binh Economic Zone. At that time, for Thai Binh, this was a completely new socio-economic model that brought hope for breakthrough development to the locality, but also posed many challenges and concerns that must be shaped. What is an economic zone like, where to start construction and where do the resources come from...

To answer those questions, on December 21, 12, the Executive Committee of Thai Binh Provincial Party Committee, term XIX, met and agreed to issue Resolution No. 2018-NQ/TU on focusing on leadership and direction of construction. and develop Thai Binh Economic Zone. The Resolution was born as both a guideline for action and to focus intelligence and mobilize all resources for the entire political system to embark on the construction of economic zones.

To date, the province has completed the general planning for building a multi-sector economic zone; Completed approval of 1/2.000 scale construction zoning planning of 11 functional areas, including 7 industrial parks, 2 port areas, urban areas, services, resorts, Vanh island - Thu island golf course; high-tech aquaculture area.

The process of attracting investors to Thai Binh province has changed dramatically after the establishment of the Economic Zone, foreign direct investment (FDI) increased many times compared to before, contributing to bringing Thailand Binh ranked high compared to other provinces and cities in the region in attracting FDI from 2021 onwards.

In the period 2021 - 2023, attracting FDI into economic zones and industrial parks will reach 3,74 billion USD, 4,4 times the total FDI capital of the whole province from 2020 and before. In particular, in 2023, economic zones and industrial parks will attract over 3 billion USD. Among them, Lien Ha Thai Industrial Park (Green-iP1) is the main driving force, contributing to making Thai Binh ranked 5th in the country in attracting FDI.

In addition to the increase in the number of projects, the total investment capital, quality and operational efficiency of businesses have also seen a leap. In 2023, the industrial production value in industrial zones is estimated to reach 54.737 billion VND, accounting for over 60% of the province's industrial production value, an increase of 781 times compared to 2003 and an increase of 2,9 times compared to the previous year. 2017; Taxes and state budget payments are estimated at 1.721 billion VND, an increase of 382,4 times compared to 2003 and an increase of 2,45 times compared to 2017.

By the end of 2023, projects in economic zones and industrial parks have created jobs for 76.620 workers, making an important contribution to improving people's living standards and well implementing social security policies.

The system of trees and water supply and drainage creates the landscape and environment of Green iP-1 Industrial Park always green, clean and beautiful.

Green-iP1: Green, smart industrial park model

Green-iP1 Industrial Park has become a bright spot with the formula: available clean premises + fast, modern technical infrastructure investment + attractive investment attraction policy + promotion, invitation for cooperation and support practical for secondary investors, with planning as a clean, green ecosystem, attracting investment capital into selective production, attracting many new projects worth hundreds of millions of dollars.

Mr. Bui The Long, Vice Chairman of the Board of Directors, General Director of Green i-Park Joint Stock Company, infrastructure investor of Green-iP1 Industrial Park, said that this is a pioneering industrial park, inspiring to attract Investing in Thai Binh Economic Zone, from the beginning, Green i-Park Company determined to create a breakthrough in both technical infrastructure and investment cooperation mechanism. Green i-Park has built a model ecological industrial park in Thai Binh province, bringing great benefits in all three aspects of economy, society and environment.

Following that direction, Green i-Park puts all its effort into investing in infrastructure items such as transportation, electricity, water supply and drainage, wastewater treatment, trees, and site planning for each area according to the nature of the industry. attractive profession. Green-iP1 invested in a wastewater treatment area with a capacity of 25.000 m3/day and night and has completed module 1 with a capacity of 5.000 m3/day and night, ensuring that treated wastewater discharged into the environment meets quality standards according to the Regulations. National technical standards on industrial wastewater.

In addition, the Industrial Park also builds a system of canals and water reservoirs that serve both water supply and drainage, flood prevention, fire prevention and fighting, air conditioning, improving air quality, creating The appearance of the green industrial park is in harmony with local construction planning and Thai Binh's economic development goals.

After 3 years of operation, Green-iP1 Industrial Park has attracted 20 secondary projects with a total investment capital of 1,3 USD with high-tech, environmentally friendly industries such as: electricity, electronics, automation, auto components... Big investors from China, Taiwan, South Korea include Compal, Pegavision, Lotes, Ohsung, Greenwork...

Currently, there are 6 investors in the Industrial Park in operation, including Greenworks, Lotes, Ohsung, Jinyang, An Thai and Nam Tai, mainly producing electronic components and auxiliary equipment. In addition, a number of other investors are in the process of building factories, expected to be completed and put into production in 2025.

The results of the above investment attraction activities have increased the occupancy rate to nearly 50% of the Phase I Industrial Park area (588 hectares). In particular, South Korea's largest beverage manufacturing company Hitejinro, for the first time after 100 years of operations expanding investment into foreign markets, has chosen Green-iP1 in Vietnam.

In the coming time, Green i-Park will continue to build a model, green, smart industrial park, complete infrastructure upgrades, use clean energy towards a sustainable development model, and form an industrial park. green and smart industry.

Not following the criteria of occupancy rate, Green-iP1 implements the goal of selectively attracting high-tech industries, electronic assembly industries, applying green and clean technology, not accepting toxic occupations. pollutes the environment and consumes too much energy.

With a sustainable development policy, Green i-Park is determined to develop Green-iP1 into a model ecological industrial park in Vietnam. Thereby, contributing to bringing many great benefits to investors and the sustainable development of industrial parks; especially making an important contribution to creating competitive advantages to promote investment attraction and become the number one driving force promoting sustainable socio-economic development of Thai Binh province.