Efforts to attract investment
In 2020, Guoguang Electric Co., Ltd. (China) invested 24 million USD in Dien Nam - Dien Ngoc Industrial Park (Dien Ban) on an area of 4 hectares.
After 4 years of operation, in early 2024, the enterprise decided to rent an additional 7.7 hectares of land at Dien Nam - Dien Ngoc Industrial Park to build a new factory and expand production scale.
It is expected that after completion, the enterprise's production value will increase from 150 million USD (in 2023) to over 600 million USD, while increasing the number of employees from the current 2,000 to about 10,000 employees.
Quoc Quang Electric Company Limited is one of the FDI enterprises operating effectively in production and business in Quang Nam.
As of October 2024, the province has 246 foreign-invested enterprises with 201 valid projects, with a total registered capital of about 6.35 billion USD. On average, FDI enterprises pay about 1,100 billion VND in taxes each year, creating jobs for about 61,000 workers.
In Chu Lai Open Economic Zone, recently, a number of large-scale FDI projects have been granted investment licenses such as the SGI Magnetic Magnet Project (Korea, investment capital of 39.3 million USD), the Uc Thinh super white flower glass factory (China, investment capital of 35 million USD), the Karcher cleaning equipment factory (Germany, investment capital of 21.3 million USD)...
Mr. Nguyen Hong Quang - Head of the Management Board of Quang Nam Economic Zones and Industrial Parks admitted that although good results have been achieved in attracting FDI capital, compared to resources and potential, it is still low.
Most FDI enterprises are medium and small in size, lacking large corporations and enterprises capable of leading development and creating production and supply networks...
In order to promote FDI project attraction, according to Mr. Quang, every year the unit builds an investment promotion program and a priority list for investment attraction. In particular, it closely cooperates and provides information for organizations and partners to learn and research investment.
“The Management Board is promoting investment in a wind turbine blade manufacturing project with a total capital of about 150 million USD. In addition, Hyosung Group (Korea) is also adjusting the project of a curtain fabric factory from 210 million USD to 410 million USD, promising to expand the investment scale to 1.34 billion USD,” Mr. Quang informed.
FDI enterprise sympathy
FDI projects not only play an important role and have a great impact on local socio-economic development, but are also an effective channel to promote and attract more investors to Quang Nam. Therefore, Quang Nam is looking for many ways to attract this resource.
According to a survey by Karcher Company (headquartered in Tam Hiep Port Logistics Industrial Park), exporting goods to Germany from Da Nang port will be 10-15% cheaper than Chu Lai port, and the shipping time will also be shorter. Therefore, the close support of provincial leaders, local authorities and departments can be considered a "plus point" that brings a lot of sympathy to FDI investors.
“In 2023, we invested in Tam Hiep Port Logistics Industrial Park and were very surprised by the support from the province. After 6 months of production operation, the company has exported goods to a number of countries such as Japan, the US, Australia, Germany, and Mexico. We are very satisfied with investing in Quang Nam province,” said a representative of Karcher Company.
This sympathy was also expressed by many FDI enterprises through meetings and working sessions with provincial leaders. Mr. Park Chan - General Director of Hyosung Quang Nam Company acknowledged that the companionship and understanding of Quang Nam provincial leaders has helped enterprises feel secure in production and business, especially in difficult times.
“Since Hyosung invested in Quang Nam province, we have received a lot of support and cooperation from the government as well as relevant agencies. We hope to continue to receive more attention, cooperation and support in the future to solve some of the problems Hyosung is facing” – Mr. Park Chan shared.
Source: https://baoquangnam.vn/thu-hut-nguon-luc-fdi-vao-quang-nam-tu-su-dong-hanh-cua-chinh-quyen-3147276.html
Comment (0)