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Song Cong creates breakthrough in attracting investment

The 9th Congress of the Song Cong City Party Committee, term 2020-2025, identified investment attraction as one of the breakthroughs for socio-economic development. In recent years, the city has mobilized the entire political system and implemented many synchronous solutions to promote investment attraction in the area.

Báo Thái NguyênBáo Thái Nguyên04/06/2025

With the active support of the locality in site clearance, the Song Cong II Industrial Park Infrastructure Investment and Construction Project - Phase 2 is being implemented smoothly, ensuring progress.
With the active support of the locality in site clearance, the Song Cong II Industrial Park Infrastructure Investment and Construction Project - Phase 2 is being implemented smoothly, ensuring progress.

To help investors choose Song Cong City as a “destination”, the city regularly coordinates with the province’s functional departments and branches to effectively implement mechanisms and policies on investment attraction.

Along with that, the City People's Committee directed specialized departments and offices to effectively implement investment attraction programs in all fields, publicize investment projects on the electronic information portals of the province and city; regularly review, adjust and supplement project planning to ensure consistency with the city's general development orientation...

Identifying site clearance as a difficult and complicated task, because it involves the interests of the people, the People's Committee of Song Cong City has directed specialized departments and offices to provide maximum support to investors in the site clearance stage to implement the project.

Mr. Nguyen The Anh, Director of the City Land Fund Development Center, said: We actively coordinate with investors and People's Committees of communes and wards with projects to promote propaganda and mobilize people to comply with compensation policies for site clearance and resettlement support; declare, count, and recover land and assets on land to serve site clearance and resettlement work; determine the origin of land, promptly report on difficulties in this work and advise the City People's Committee to resolutely recover land in cases of intentional non-compliance with the State's land recovery decisions...

Song Cong City leaders inspect the progress of Urban Area Project No. 1, Le Hong Phong Street.
Song Cong City leaders inspect the progress of Urban Area Project No. 1, Le Hong Phong Street.

Over the past 5 years, Song Cong City has reclaimed over 459 hectares of land to implement projects, with the total approved compensation and support for people in the project area being over 2,775 billion VND.

Administrative reform work is also of interest to Song Cong City, and is being implemented resolutely, with the satisfaction of people and businesses as the central goal.

Accordingly, administrative procedures are publicly and fully posted to serve organizations and individuals at the one-stop-shop departments of communes, wards and units; the process of handling administrative procedures is strictly implemented in accordance with regulations. In particular, the field of digital transformation and application of information technology is strongly deployed in State management, supporting businesses in all fields.

Ms. Cu Thi Thu Hong, Deputy Head of the Tax Department of Song Cong - Dai Tu area, informed: The Tax sector promotes reform, modernization, and innovation of management mechanisms in the direction of cooperation and companionship with people and businesses. Focusing on deploying the application of information technology in tax declaration, collection, and payment. Up to now, 100% of enterprises have made tax declarations, paid taxes, refunded taxes, and registered for taxes electronically; 100% of enterprises and individuals doing business in the area use electronic invoices...

The growth rate of the Industry - Construction sector in Song Cong City reached 17%/year. In the photo: Production of high-voltage wires for cars at Hansol Harness Vina Co., Ltd. Photo: T.L
The growth rate of the industry and construction sector in Song Cong City is 17% per year. In the photo: Production of high-voltage wires for cars at Hansol Harness Vina Co., Ltd. Photo: TL

From synchronous and effective solutions, attracting investment for industrial development in Song Cong City continues to flourish. Accordingly, Song Cong II Industrial Park was expanded over 296 hectares, attracting the Project to invest in construction and business of industrial park infrastructure - phase 2 with a total investment of nearly 4,000 billion VND, invested by Viglacera Thai Nguyen Joint Stock Company. In the city, 3 new industrial clusters were established, with a total area of ​​over 102 hectares, a total investment of over 1,000 billion VND.

Over the past 5 years, Song Cong City has attracted 137 projects, with a total investment capital of nearly 1.4 billion USD and 14,286 billion VND, contributing to increasing the occupancy rate of industrial parks and clusters in the area.

Of which, Song Cong I Industrial Park, with an area of ​​196.88 hectares, currently attracts 26 FDI projects with a total registered investment capital of more than 86 million USD and 74 DDI projects with a total registered investment capital of 7,386 billion VND; Song Cong II Industrial Park, with an area of ​​546.24 hectares, currently attracts 20 FDI projects with a total registered investment capital of more than 1.3 billion USD and 17 DDI projects with a total registered investment capital of 6,900 billion VND...

Mr. Nguyen Tran Tuan Nghia, Chairman of the Board of Directors of Viglacera Thai Nguyen Joint Stock Company, expressed: I and many other investors feel very satisfied when investing in Thai Nguyen. In particular, during the process of implementing the project in Song Cong City, the local government always accompanied us, removing difficulties and obstacles in the land acquisition and clearance process, so the project implementation was very favorable.

It can be seen that, with many solutions in attracting investment, Song Cong City has been creating trust and satisfaction for businesses in implementing projects. Reality also shows that the amount of capital attracted for investment in the area increases rapidly every year. The production activities of businesses are effective, bringing the growth rate of the local industry and construction sector to 17%/year. Song Cong City is considered one of the bright spots in attracting investment in Thai Nguyen province.

Source: https://baothainguyen.vn/kinh-te/202506/song-cong-tao-dotpha-trong-thu-hut-dau-tu-72404c1/


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