Synchronous transport infrastructure, abundant human resources, and large demand for investment in industrial parks (IPs) are favorable conditions for IP infrastructure investors to come to Quang Ngai to "lay their nests".
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| Quang Ngai builds the National Oil Refinery and Energy Center, creating opportunities to attract strategic investors, creating a premise for in-depth development. |
Synchronous connection infrastructure
Quang Ngai has a favorable geographical location on the North-South economic axis, the East-West economic axis connecting the East Sea - Southeast Asia, with the ability to connect within the province, outside the province and internationally with available domestic and foreign traffic infrastructure. In particular, the province has the North-South expressway system in the East and National Highway 1 running along key areas and National Highway 24 connecting with the Central Highlands provinces and Southern Laos, Dung Quat deep-water seaport is an important gateway for domestic and international import and export of goods...
According to the Department of Transport of Quang Ngai, the province has 30 ports in operation with an output of about 45 million tons/year and is proposing to adjust the planning to increase the exploitation capacity of Dung Quat port to about 90 million tons/year.
In addition, Quang Ngai province is located next to Chu Lai Airport and closely linked with Chu Lai Open Economic Zone, to promote the potential and advantages of the two economic zones to support each other in development, contributing to soon building Dung Quat - Chu Lai to become a key industrial - urban - service center of the country.
Another advantage is that human resources in Quang Ngai are abundant, with a population of more than 1.2 million people, more than 64% of the workforce has vocational training, and construction and labor costs are cheaper than other areas.
According to the Quang Ngai Provincial Planning for the period 2021 - 2030, with a vision to 2050 approved by the Prime Minister, one of the key tasks and breakthroughs of the province is to invest in developing synchronous and modern infrastructure in both economic and social aspects, creating momentum for development. In addition, the province also focuses on investing in completing and developing infrastructure in important industrial zones, especially Dung Quat Economic Zone.
Dung Quat Economic Zone has a planned area of over 45,000 hectares, is one of the five coastal economic zones with many potential advantages that the Government has prioritized for infrastructure investment and has the highest preferential policies in Vietnam. In the future, this place will form a National Refining, Petrochemical and Energy Center, focusing on petrochemical refining and electricity, creating opportunities to attract strategic investors, a premise for in-depth development, creating a breakthrough in improving labor productivity, promoting socio-economic development of the province.
There is still a lot of room for industrial park infrastructure development.
Mr. Dam Minh Le, Deputy Director of the Management Board of Dung Quat Economic Zone and Quang Ngai Industrial Parks, said that by 2030, Quang Ngai province plans to develop 10 industrial parks with a total land area of about 6,648 hectares. The province plans to develop these industrial parks according to the models of industrial parks - urban areas - services, supporting industrial parks, ecological industrial parks, and high-tech industrial parks to maximize land resources and available advantages. At the same time, Dung Quat Economic Zone will be developed into a specialized, green, and sustainable economic zone.
Up to now, Quang Ngai has 4 industrial parks in operation, attracting 178 projects with a total investment capital of about 37,643 billion VND; of which 159 projects have come into operation, creating jobs for about 45,000 workers; budget revenue in 2023 is about 2,918.2 billion VND.
“Currently, the demand for attracting investment in industrial parks in Quang Ngai province is very large, while the clean land fund for attracting secondary projects is still limited. Therefore, attracting investment projects in industrial park infrastructure is necessary and these are advantages for Quang Ngai province to call for investment,” said Mr. Dam Minh Le.
In addition, the Management Board of Dung Quat Economic Zone and Industrial Parks of Quang Ngai province said that for the field of investment and business in industrial park infrastructure in the industry and profession with special investment incentives according to the provisions of Decree 31/2021/ND-CP and investment in Dung Quat Economic Zone in the area with particularly difficult socio-economic conditions, it should enjoy the highest investment incentive policies according to the provisions of current law...
“Quang Ngai focuses on synchronous investment in infrastructure, accompanies and supports investors throughout the research and project implementation process; focuses on attracting investors with experience and capacity to invest in industrial park infrastructure business. Identify industrial park infrastructure projects as a premise to attract secondary projects, especially FDI projects”, the Deputy Director of Dung Quat Economic Zone Management Board and Quang Ngai Industrial Parks shared.
It is known that at the Conference "Quang Ngai meets and contacts businesses in Ho Chi Minh City", scheduled to take place on the afternoon of October 3, 2024, Quang Ngai province called for 6 investment projects in infrastructure of industrial parks and industrial clusters, including Investment projects in infrastructure business of industrial parks (Binh Thanh industrial park, urban area, service), area of 1,287.8 ha; Investment project in infrastructure business of industrial parks (Binh Hoa - Binh Phuoc I industrial park), area of 342 ha; Investment projects in infrastructure business of Dung Quat II industrial park, urban area, service, area of 765 ha; Investment project in construction of technical infrastructure of An Phu industrial park, area of 276 ha; Investment project in construction of technical infrastructure of Binh Long multi-industry industrial park, area of 341.89 ha; Investment projects in infrastructure business of industrial clusters in 7 districts with 23 industrial clusters, area of 925.6 ha.
Source: https://baodautu.vn/co-hoi-nao-cho-nha-dau-tu-ha-tang-kcn-o-quang-ngai-d226172.html
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