Tien Giang opens new investment attraction space

40 projects, with a total investment capital of 53,986 billion VND, were promoted by Tien Giang to investors at the Conference to announce the Planning and Investment Promotion in 2024. The province hopes to welcome investors; including overseas investors to research and invest in residential areas, coastal urban areas, seaports, and marine tourism .

Prime Minister Pham Minh Chinh listens to an introduction about the progress of the Rach Mieu 2 bridge project.

Tien Giang has a favorable geo-economic position, converging all the typical elements of the Mekong Delta (such as rice granary, fruit granary, shrimp and fish granary and cultural values ​​of the river region); is a transit area, connecting the provinces of the Southwest region, the Mekong Delta with Ho Chi Minh City and the Southeast region. The province has potential and advantages for developing the economy - coastal urban areas, agricultural economy, processing industry, tourism, services and trade, and is considered one of the growth poles of the Mekong Delta.

There is still much room for industrial development .

The favorable geographical location helps Tien Giang easily connect between raw material areas, production, consumption and export markets. The province also focuses on developing national, regional and inter-regional economic infrastructure, with three key development areas: the coastal economic zone, Tan Phuoc industrial zone and the economic zone along the Tien River. The synchronous development of transport infrastructure is a solid foundation for the province to create a breakthrough in attracting investment.

In addition, Tien Giang has a very diverse agricultural ecosystem, with a rice growing area of ​​136 thousand hectares, a fruit growing area of ​​more than 81 thousand hectares, a vegetable growing area of ​​more than 54 hectares, a 32 km long coastline with thousands of hectares of coastal alluvial land, suitable for aquaculture and diverse development of the marine economy; along with infrastructure serving agriculture that has been invested in such as: My Tho fishing port, Vam Lang fishing port, Hoa Khanh fruit market, Vinh Kim fruit market, rice milling area in Cai Be district... With the advantage of abundant raw materials, Tien Giang ensures large-scale industrial production and processing industry.

In particular, Tien Giang still has room to develop industrial parks and clusters, agricultural production areas, especially land funds to develop industrial parks in: Tan Phuoc District, Go Cong area; the marine economic space still has a lot of potential (Go Cong sea area, Con Ngang), which has not been exploited.

In Tien Giang province, there are currently 3 industrial parks operating stably, with a total area of ​​about 816 hectares, including: My Tho Industrial Park, Tan Huong Industrial Park, 100% full; Long Giang Industrial Park, 83% full.

In addition, Soai Rap Petroleum Service Industrial Park with an area of ​​285 hectares, currently has available land, leveling, construction of protective fences, complete infrastructure to attract and invite secondary investors,... Binh Dong Industrial Park with an area of ​​212 hectares has been approved for investment policy, currently carrying out site clearance steps; Tan Phuoc 1 Industrial Park has been approved for investment policy by the Prime Minister.

To date, industrial parks in Tien Giang province have attracted 112 projects (including 85 FDI ​​projects), with a total investment capital of about 2,572 million USD (FDI investment capital) and 4,487 billion VND (DDI investment capital). Industrial clusters have attracted 68 projects, including 6 FDI projects, with a total investment capital of 200 million USD and 999 billion VND.

During the 2021 - 2023 period, the province attracted 43 investment projects (including 17 foreign-invested projects), with a total registered investment capital of more than 13.5 trillion VND. In the first 7 months of 2024, Tien Giang attracted 8 investment projects with a total registered investment capital of 6,855 billion VND; 8 projects registered to increase capital by 1,292 billion VND, bringing the total attracted investment capital in the first 7 months of 2024 to 8,147 billion VND, an increase of 4.15 times over the same period in 2023.

Marina - My Tho City.

New, important and effective resources

To complete the targets set out in the Resolution of the Congress of Delegates of the Tien Giang Provincial Party Committee for the 2020-2025 term, especially in the field of investment and industrial development, Tien Giang focuses on synchronously implementing many solutions. Tien Giang will continue to implement the Government's Resolutions on key tasks and solutions to improve the business environment and enhance national competitiveness; implement solutions to strongly improve the business investment environment, enhance provincial competitiveness, minimize costs in the process of business operations, create conditions to reduce input costs, encourage technological innovation, and enhance business competitiveness.

Effectively implement the approved provincial planning, including the development orientation of the Eastern region.

The province will also continue to effectively implement the Project on Restructuring the province's industrial sector, remove difficulties in land and premises for two areas with great potential and room for industrial development, namely the Southeast Tan Phuoc industrial zone and the eastern area of ​​the province (along the Soai Rap river); well implement the review, adjustment of planning, and synchronous investment in infrastructure to serve industrial development.

Tien Giang received the Prime Minister's decision approving the Tien Giang Provincial Planning for the period 2021 - 2030, with a vision to 2050 in March 2024. (Source: QĐND)

In addition, the locality will focus on attracting investment and developing enterprises based on approved planning, continuing to review and identify specific investment portfolios and targets to organize investor selection according to regulations. Focus on organizing and implementing site clearance, infrastructure investment and attracting secondary projects to Binh Dong and Tan Phuoc 1 industrial parks and speeding up procedures to transfer the Soai Chep oil and gas service industrial park to the province for management. Tien Giang will also focus on promoting investment attraction to develop urban areas and residential areas associated with trade and services in the centers of 3 regions in My Tho city, Cai Lay town, and Go Cong city.

With the theme of 2024 being “Discipline, responsibility; proactive and timely; accelerating innovation; sustainable efficiency”, Tien Giang will mobilize and effectively use resources, build and effectively implement the Plan to implement the Tien Giang Provincial Planning for the period 2021 - 2030, with a vision to 2050. One of the new, important and effective resources that Tien Giang is aiming for is overseas Vietnamese.

Over the years, provincial leaders have always appreciated the potential of overseas Vietnamese living and working abroad returning to their homeland to invest, contributing to promoting the province's potential. Tien Giang identified that intellectual resources and practical experience acquired in developed countries, along with remittances sent back home by overseas Vietnamese, are great "assets" contributing to the province's development.

Therefore, in the future, Tien Giang hopes to welcome overseas Vietnamese to return home to invest, listen to and accept their suggestions and advice, and contribute to the construction and development of the locality. Tien Giang hopes that resources from overseas Vietnamese will create new momentum, new motivation, new confidence, and new victories for the development of the province./.

Source: https://baoquocte.vn/tien-giang-mo-khong-gian-thu-hut-dau-tu-moi-283902.html