Binh Thuan Industrial Parks: Continue to attract investment projects, stabilize production

In the context of economic difficulties, the situation of attracting secondary investment projects and production and business of enterprises in industrial parks (IPs) in Binh Thuan has also achieved certain results...

Add new investment project

In the past year, thanks to the expressway sections such as Dau Giay - Phan Thiet, Phan Thiet - Vinh Hao officially put into use, it has contributed to creating attraction for the advantageous fields of the locality. In addition to tourism with obvious changes, the potential for industrial development in Binh Thuan has also been of interest to investors everywhere, thereby promoting project registration in the industrial parks here. Therefore, the Management Board of Binh Thuan Industrial Parks and infrastructure investors promptly reviewed and updated information on the socio-economic situation, incentive mechanisms and policies, procedures and processes, list of projects calling for investment, etc. On the other hand, they also actively attended forums, seminars, conferences and met, exchanged and cooperated with organizations with the function of investment promotion or associations, economic groups at home and abroad to increase investment attraction in industrial parks in the province. At the same time, successfully coordinated to organize 2 specialized seminars on: Solutions to promote investment promotion activities in industrial parks, Promoting on-site investment in the field of agricultural - forestry - fishery processing (taking place in the second half of 2023 in Phan Thiet City).

Workshop on Solutions to promote investment promotion activities in industrial parks to be held in 2023.

According to the Management Board of Binh Thuan Industrial Zones, in recent times, many investors have come to the locality to seek investment opportunities and the number of newly licensed secondary investment projects has also increased in both quantity and investment capital. With the result of 8 more domestic investment projects (registered capital of 1,494 billion VND) and 1 foreign investment project (investment capital of 3.6 million USD), up to now, the province's industrial zones have attracted 88 secondary investment projects. Including 62 domestic projects, 26 foreign investment projects with a total registered capital of nearly 17,385 billion VND and more than 230 million USD, the current occupancy rate of industrial zones with built technical infrastructure has reached more than 40%...

The occupancy rate in industrial parks with built technical infrastructure in Binh Thuan is increasing. (Illustration photo)

Maintain growth

Last year, despite being affected by the unstable situation in the world, the export market in Europe narrowed..., secondary enterprises in industrial zones proactively overcame difficulties, aiming to stabilize and maintain growth in production and business. In particular, enterprises producing garments, handbags, high-quality adhesive paper, mechanics, seafood, food, cashew nuts, minerals, and construction materials showed stable growth. The group of enterprises operating in the fields of trade and services (gas, beer, soft drinks, auto trading and repair...) also maintained quite good growth... Thanks to that, the annual revenue of enterprises in industrial zones last year was estimated at 9,150 billion VND (up 7.6%), export turnover reached 270 million USD (up 8%) and budget contribution was about 160 billion VND (up 6.6% compared to the plan).

In addition, most businesses try to implement policies on labor, wages, bonuses for employees and regimes for employees who quit their jobs due to lack of orders in accordance with the provisions of the Labor Code. In addition, they also pay attention to implementing security and order, fire prevention and fighting, and not allowing strikes, work stoppages or mass complaints and lawsuits in industrial parks.

In the coming time, the Management Board of Binh Thuan Industrial Parks will coordinate with relevant departments and infrastructure investors to effectively carry out relevant investment promotion activities according to the 2024 Investment Promotion Program of the Provincial People's Committee. Continue to promote the attraction of secondary investment projects to increase the occupancy rate of industrial parks, promptly support the resolution of existing problems and difficulties of enterprises to contribute to maintaining stability as well as growth in production and business here...

In the industrial parks in Binh Thuan, there are currently 66/88 projects in production and business operation, thereby attracting more than 11,000 workers, signing labor contracts and paying social insurance at a rate of more than 96%, reaching an average income of over 6.7 million VND/person/month...

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