Tay Ninh maintains investment attraction

Many impressive results

The Tran Anh - Tan Phu Industrial Park has an occupancy rate of approximately 80% in phase 1.

The Tran Anh - Tan Phu Industrial Park covers an area of 262 hectares, with Phase 1 covering 105 hectares. The occupancy rate is approximately 80%, with strategic investors and foreign direct investment (FDI) accounting for about 80%. The industrial park attracts secondary investors due to its proximity to Ho Chi Minh City's Ring Road 4, frontage on Provincial Road 830, and bordering the Vam Co Dong River, making it advantageous for...
trade.

According to Tran Thi Hanh, General Director of DNN - Tan Phu Investment Joint Stock Company (the investor of Tran Anh - Tan Phu Industrial Park infrastructure), businesses investing in Tay Ninh receive maximum support. Related procedures are carried out quickly, helping to retain many secondary investors who come to explore the operating environment. The company prioritizes accepting businesses with green, clean, and environmentally friendly technologies; and will continue to work with the locality to effectively implement business strategies to boost occupancy rates in the near future.

Simultaneously, the province has intensified investment promotion activities, publicized its potential, and signed numerous strategic cooperation agreements, creating a strong wave of new investment. In particular, many key projects have been started and inaugurated, leaving significant marks, such as the Phuoc Vinh Tay New Urban Area, Binh Hoa Nam 1 Industrial Park, and the access road to three bridges on Provincial Road 827E. Prior to this, a series of strategic projects have been implemented, including the Coca-Cola Factory, Millennia Urban Area, and Thu Thua Industrial Park, contributing to upgrading infrastructure, optimizing logistics costs, expanding production capacity, creating stable jobs, and improving the income and quality of life for the people.

The province of Tay Ninh (after merger) has opened up a new, broader, and more diverse development space, with even better conditions to maximize its advantages, becoming a potential investment destination in the region and the country, maintaining its investment appeal, creating momentum for strong recovery, and enhancing its position on the national FDI attraction map. Tay Ninh is one of the top localities nationwide in attracting direct capital as well as the number of FDI projects.

A bright spot in attracting foreign investment.

Workers at Viet Thanh Biotechnology Co., Ltd. inspect and evaluate product quality.

Regarding investment in Tay Ninh province since 2023, Viet Thanh Biotechnology Co., Ltd., from Singapore, has invested nearly US$7 million. The company operates in the production and trading of veterinary medicines for livestock and aquaculture, along with chemical products, environmental treatment, and the import of goods. According to Ms. Nguyen Thi Huynh Nhu, representative of Viet Thanh Biotechnology Co., Ltd., the support from the local government, especially in resolving obstacles and creating a favorable environment, has instilled confidence and motivation in the company to invest and conduct business. In 2025, the company plans to expand its production scale, research and develop new safe, effective, and environmentally friendly products, and strengthen trade cooperation to expand its export market.

According to Deputy Director of the Department of Finance Tran Van Tuoi: Besides unpredictable fluctuations in the global economy and geopolitics such as political conflicts, energy crises, financial and banking instability, rising inflation, and declining international consumer demand, the province's internal restructuring, planning adjustments, and new resource allocation have also created delays in attracting investment and stabilizing production. This has caused some businesses to be unable to adapt to the new operating pace, leading to a shortage of orders, downsizing, and reduced production, affecting employment and income for workers. Given this reality, the urgent need is to implement comprehensive, flexible, and focused solutions to support businesses in stabilizing and maintaining production, quickly opening up markets, and boosting investment attraction.

Therefore, the Department of Finance proposes implementing several solutions: advising the Provincial People's Committee to organize regular or thematic dialogues with businesses to promptly address difficulties and resolve obstacles so that businesses can confidently engage in production and business; focusing on mobilizing and effectively allocating resources for infrastructure investment, especially prioritizing key transportation routes connecting industrial zones, clusters, and logistics ports, helping businesses reduce costs, shorten transit time, and increase competitiveness; advising on effective solutions to promote administrative reform, streamline the apparatus, improve operations, shorten the time for resolving investment and business registration procedures, support businesses in quickly accessing preferential policies and public services, and create a friendly and transparent environment.

Tay Ninh province continues to promote investment, expand trade cooperation, create opportunities to increase orders, maintain supply chains and ensure jobs for workers; strengthen forecasting and provide market and socio-economic information to help businesses proactively adjust their production and business strategies to suit the new context; continue to strengthen international cooperation and promote investment activities both domestically and abroad, effectively utilizing opportunities from free trade agreements (FTAs) to attract high-quality FDI./.

Thanh My

Source: https://baolongan.vn/tay-ninh-giu-vung-suc-hut-dau-tu-a205296.html