Attracting investment into economic zones and industrial parks has yielded many positive results.

"Improving the effectiveness of investment attraction" is one of the two key tasks of the 2023 work theme. In implementing this task, the provincial departments, agencies, and functional units have recently deployed many innovative and comprehensive solutions, achieving many positive results, most notably the success in attracting FDI capital into economic zones and industrial parks in the province.

The Provincial Economic Zone Management Board awarded the investment registration certificate to the Parts Seiko Vietnam project with a total investment of over 10 million USD. Photo: Duong Truong

As a key unit in attracting and promoting investment in Quang Ninh province, and in implementing the theme of its 2023 work plan, the Economic Zone Management Board has clearly defined targets, tasks, and key solutions in promoting and attracting investment to industrial parks and economic zones under its management; organized the dissemination and thorough understanding of the content of programs and plans to all officials, employees, and infrastructure investors in industrial parks; and regularly held meetings with industrial park infrastructure investors to review and develop a list of key projects to prioritize and promote investment attraction.

From the beginning of 2023 to the present, the Provincial Economic Zone Management Board has actively implemented and proactively improved the effectiveness of on-site investment promotion activities; actively supporting investors and businesses throughout the entire process, from gathering investment information, preparing project dossiers for submission to competent authorities for approval and issuance/adjustment of Investment Registration Certificates, to implementing and putting projects into production and business operations. Thanks to the proactive efforts of the Economic Zone Management Board and relevant functional departments and agencies, investment promotion activities in industrial parks and economic zones in the province have been very vibrant, with many delegations of businesses and investors directly visiting, surveying locations, and learning about the investment and business environment.

In the first six months of 2023, the province welcomed and worked with over 10 international delegations and foreign investors who came to learn about the investment and business environment and investment opportunities. The Management Board of the Economic Zones also directly contacted and worked with over 30 delegations of investors and businesses who came to explore investment opportunities in the province's industrial parks and economic zones. Following these meetings, the Management Board of the Economic Zones, along with relevant departments and agencies, closely monitored, accompanied, and actively guided and supported investors in completing project dossiers, applying for, adjusting investment policies, or obtaining Investment Registration Certificates.

Leaders of the Quang Yen Town People's Committee held a direct meeting with leaders of the Amata Group to discuss solutions to expedite the completion of land clearance for the Song Khoai Industrial Park.

Along with on-site investment promotion activities, the provincial departments and functional units have also actively and proactively coordinated and participated in investment promotion activities outside the province and international investment promotion. A prime example is the participation of the Quang Ninh Provincial Delegation in the meeting with South Korea organized by the Ministry of Foreign Affairs , the Korean Embassy in Vietnam, and the Korea Trade-Investment Promotion Agency (KOTRA) in Bac Ninh province in May 2023. On the sidelines of the program, the Provincial Investment Promotion and Support Board (IPA), in coordination with relevant departments and agencies, worked with Korean businesses seeking investment opportunities in Quang Ninh; exchanged and discussed mechanisms, policies, and advantages in attracting investment to Quang Ninh province; and answered questions from Korean businesses during the research and implementation of investment projects in the province.

Most recently, at the end of June, at the cross-border logistics cooperation forum between border cities of China and the Indochina Peninsula, the Quang Ninh provincial delegation also participated and delivered an important speech sharing experiences on the construction and development of the Mong Cai Border Economic Zone; strategies for attracting domestic and foreign resources to develop logistics infrastructure. They also expressed their welcome to businesses and investors to survey and invest in several key projects in the Mong Cai Border Economic Zone...

Thanks to the synchronized solutions implemented in investment promotion activities, the results of attracting investment capital, especially FDI, have become one of the bright spots in the province's economic picture in the first six months of the year with over 832 million USD (reaching 83% of the 2023 target according to the Provincial Party Committee's Resolution and 69.3% of the 2023 plan of the Provincial People's Committee). The province also issued new Investment Registration Certificates for 17 FDI projects, 2.5 times higher than the same period last year, with projects mainly in the processing and manufacturing industry. Notably, on June 29th, Quang Ninh province held a ceremony to award Investment Registration Certificates to two projects of Foxconn Singapore PTE LTD at Song Khoai Industrial Park (Quang Yen town) with a total registered investment capital of over 250 million USD; On July 6th, the Provincial Economic Zone Management Board awarded the Investment Registration Certificate to the Parts Seiko Vietnam project of Parts Seiko Company (Japan), to be implemented in Song Khoai Industrial Park with an investment capital of 10 million USD.

Manufacturing of high-quality bath towels and face towels at Dai Dong Vietnam Co., Ltd. (Hai Ha Seaport Industrial Park).

Currently, along with attracting new investment projects, the province is also strengthening efforts to urge and support the removal of difficulties and obstacles to promote secondary projects in industrial parks to start operating soon, with a series of projects in the process of completing factory construction and equipment installation, ready to go into production in 2023. This will boost the development of the processing and manufacturing industry, with a growth rate of 12.57% in the first six months, 0.18 percentage points higher than the projected scenario, contributing 1.66 percentage points to GRDP growth, accounting for 11.6% of the total GRDP...

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