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Trung Nam Group, Hong Kong (China) chooses Nam Dinh for investment

Báo Kinh tế và Đô thịBáo Kinh tế và Đô thị21/07/2024


Attending the meeting were comrades: Tran Anh Dung, Member of the Provincial Party Standing Committee, Permanent Vice Chairman of the Provincial People's Committee and leaders of departments and branches: Planning and Investment, Provincial Party Office, Industry and Trade, Provincial Industrial Park Management Board.

Comrade Pham Gia Tuc, Member of the Party Central Committee, Secretary of Nam Dinh Provincial Party Committee received and worked with the delegation of Chung Nam Group, Hong Kong (China).
Comrade Pham Gia Tuc, Member of the Party Central Committee, Secretary of Nam Dinh Provincial Party Committee received and worked with the delegation of Chung Nam Group, Hong Kong (China).

Speaking at the meeting, Vice Chairman of Chung Nam Group Ho Tieu Phong sincerely thanked the provincial leaders and departments, branches and sectors for their thoughtful reception, creating maximum convenience for the Group to approach, learn and promote investment in Nam Dinh province; at the same time, briefly introduced the scale, position and development orientation of the Group.

Chung Nam Group also hopes that the provincial authorities and functional agencies will create favorable conditions and support the smooth implementation of the next steps so that the Group's Board of Directors can soon reach an agreement to decide on the investment.

In Nam Dinh province, the Group has a need to invest in a factory to produce: camera clusters, front and rear lenses of phones, with an estimated total investment capital of about 50 million USD in phase 1. The Group has studied investment in My Thuan industrial park and is also particularly interested in the province's capacity to meet labor resources, electricity infrastructure, and wastewater treatment infrastructure.

Comrade Pham Gia Tuc, member of the Party Central Committee, Secretary of Nam Dinh Provincial Party Committee presented the delegation of Chung Nam Group with a painting of Pho Minh Tower - a historical and cultural symbol of Nam Dinh province.
Comrade Pham Gia Tuc, member of the Party Central Committee, Secretary of Nam Dinh Provincial Party Committee presented the delegation of Chung Nam Group with a painting of Pho Minh Tower - a historical and cultural symbol of Nam Dinh province.

Secretary of the Provincial Party Committee Pham Gia Tuc also discussed with Chung Nam Group and said: In recent times, Nam Dinh province has actively implemented many programs and activities to promote the comprehensive partnership between Vietnam and China. Currently, Nam Dinh has a number of Chinese corporations and enterprises, including Quanta Group, which has invested in building factories and is about to come into operation, which is positive evidence of the province's capacity to be ready to meet all the needs of large-scale corporations and enterprises, including Chung Nam.

The province has prepared infrastructure conditions, especially proactively investing in a synchronous and modern industrial park infrastructure system, ready to be put into service for production. The province's transport infrastructure system is gradually completing the highway network, conveniently connecting with key national economic regions such as Hai Phong and Hanoi, creating many conveniences for people to travel and businesses to transport goods.

The Vietnamese government is investing in a 350km/h North-South high-speed railway, in which Nam Dinh has a station that is very convenient for people and businesses to travel; at the same time, it is promoting investment in the Nam Dinh - Phu Ly expressway as the main traffic axis, the artery connecting Nam Dinh province and the southern sub-region of the Red River Delta. In Bac Ninh and Thai Nguyen provinces, there are factories of the Samsung Group, which can become a potential and convenient partner for the Chung Nam Group in transporting goods.

Nam Dinh has a population of nearly 2 million people, an abundant young workforce with over 1 million people of working age (accounting for 60% of the population); of which skilled and highly qualified workers account for a large proportion. In particular, for 30 consecutive years, the province has been in the leading group of the country in education and training.

Currently, Nam Dinh has a large number of people working in neighboring provinces and cities. If there are enterprises investing in Nam Dinh, they will be willing to return to their hometown to work for convenience in living and taking care of their families. Therefore, with the issues that Chung Nam Group is concerned about, Nam Dinh province commits to ensuring adequate supply of electricity for production; the wastewater treatment system is invested synchronously according to the industrial park infrastructure planning and will meet the quality and quantity of workers according to the needs of investors.

The province is resolutely promoting administrative reform, cutting and simplifying administrative procedures to facilitate businesses and people of the province. The province will assign relevant functional agencies to directly work with and support the group when deciding to invest in projects in Nam Dinh province.

The Provincial Party Secretary also emphasized: Nam Dinh hopes that Chung Nam Group will soon decide and implement investment in Nam Dinh according to the plan of "high-tech investment, fast investment, large investment and early product". In particular, Chung Nam Group needs to proactively invest in a factory with a system of modern, high-tech machinery and equipment to achieve the most positive investment efficiency; not move old technology lines to invest in Nam Dinh; at the same time, it must meet environmental standards according to the general regulations of Vietnamese law.



Source: https://kinhtedothi.vn/tap-doan-trung-nam-hong-kong-trung-quoc-chon-nam-dinh-de-dau-tu.html

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