799 Nguyen Van Linh, Tan Phu Ward, Dist. 7, Ho Chi Minh City, Vietnam
Industrial parks in Binh Duong: Completed infrastructure, high investment attraction
Industrial parks (IZs) in Binh Duong province are implementing drastic, flexible, creative and effective tasks and solutions.
Industrial parks (IZs) in Binh Duong province are implementing drastic, flexible, creative and effective tasks and solutions. In the first quarter of 2022, despite many impacts from the Covid-19 epidemic, industrial zones in the province still attracted a large number of enterprises to invest, expand factories, maintain a chain of operations. production and business (production and business). Thereby, making an important contribution to achieving the province’s economic growth target.
Increased investment attraction
After being awarded the investment certificate by the province on March 19, the project to produce two-dimensional oriented film (BO film) with an investment of about 33.3 million USD of A.J.Plast Vietnam Co., Ltd (Thailand) Lan) is speeding up construction at the expanded Bau Bang Industrial Park. Along with that, many foreign-invested enterprises (FDI) are also rushing to invest in modern machinery lines, expand production and business factories to increase productivity. For example, Saigon Stec Co., Ltd. invested VND 718 billion in machinery to produce electronic components; Polytex Far Eastern (Vietnam) Co., Ltd. invested 521 billion dong in a yarn factory; De Licacy Vietnam Industry Co., Ltd invested 500 billion VND in yarn and fabric production machinery; Paihong Vietnam Co., Ltd. invested VND 412 billion in machinery and equipment for fabric production; Dongil Rubber Belt Vietnam Co., Ltd. invested in building factories, conveyors, rubber crawlers, 123 billion VND…
According to the Management Board of Provincial Industrial Parks, up to now, all enterprises in industrial zones in the province have stable production and business activities. It is estimated that in the first quarter of 2022, the realized investment capital of enterprises will reach US$805 million, up 9.15% over the same period and reaching 57.52% of the year plan. In which, the FDI sector gained 713 million USD (accounting for 88%), up 9.04% over the same period, the domestic sector reached 92 million USD (accounting for 12%). ), an increase of 9.97% over the same period.
Mr. Lim Hua Tiong, General Director of New Motion Industry Co., Ltd (Singapore), said that the company has an investment capital of US$185 million, specializing in the production of television screens, display screens, and construction investment. warehouse, factory, warehousing service in Phu Tan Industrial Park. Currently, the company is urgently implementing the project on schedule, aiming to complete about 40,000m2 of factories in the second quarter of 2022. “Before implementing the project, we have surveyed many places and found that Binh Duong fully converges favorable factors. The condition of the industrial park infrastructure, especially the investment environment in the province is very good, so I decided to choose Binh Duong to invest,” said Mr. Lim Hua Tiong.
Create favorable conditions
Although still heavily affected by the Covid-19 pandemic, industrial zones in the province are still attracting a large number of businesses to invest, expand factories and workshops, maintain a chain of production and business activities. global response. With many active support solutions of the province, efforts of enterprises to overcome difficulties, production and business activities in industrial zones in the province have remained stable.
In the first quarter of 2022, business activities of enterprises in industrial zones recovered well, with over 200 enterprises registering to increase capacity and increase working hours from 200-300 hours/year. Attracting domestic investment capital achieved high results, over VND 8,404 billion, reaching 764% of the plan in 2022; FDI attraction reached 302 million USD, reaching 25.13% of the plan in 2022.
According to Mr. Bui Minh Tri, Head of the Management Board of Provincial Industrial Parks, this is the result of efforts to keep the area safe in the past period, as well as the implementation of safe and flexible adaptation measures. effectively control the Covid-19 epidemic in the current period. In addition, the province not only creates favorable conditions for enterprises in terms of investment licensing procedures, but also creates maximum conditions in the process of production and business, and the implementation of new investment projects.
In addition to ensuring the safety and prevention of epidemics for production facilities in industrial zones as the top priority, enterprises in industrial zones have made efforts to maintain stable production activities with a high increase, contributing to the whole province’s efforts. achieve growth goals. As a result, in the first quarter, the revenue of enterprises in the industrial zone reached more than US$8.3 billion, up 12.45% over the same period. In which, the FDI sector reached nearly 7.2 billion USD (accounting for 86%), up 12.8% over the same period, the domestic sector gained more than 1.1 billion USD. (accounting for 14%), an increase of 10.31% over the same period. Export turnover reached more than 4.8 billion USD, up 12.73% over the same period; import turnover reached nearly 4.8 billion USD, up 8.74% over the same period; taxes and state budget payments reached US$118 million, up 8.94% over the same period last year.
With many positive and effective solutions in the province’s companionship over the past time, enterprises in general and enterprises in the provincial industrial zone in particular keep the pace of production and business, create added value of products, and contribute to the overall growth. of the province. As a result, the province’s industrial production in the first quarter of 2022 is having a positive recovery, with an increase of 7.2% over the same period in 2021. This excellent result contributes significantly to the overall growth and is the driving force for the province’s economy to recover quickly and sustainably.
“The positive results of production and business show that the implementation of the policy of safe and flexible adaptation, effective control of the Covid-19 epidemic and solutions for socio-economic recovery and development of the province are very effective. In the coming time, in addition to further solutions to support businesses, industrial zones in the province are preparing conditions for land, infrastructure, and human resources to receive more and more quality investment flows. Along with that, industrial zones in the province continue to synchronously deploy solutions for socio-economic recovery and development, support businesses, and turn industrial production into a growth engine, contributing to the completion of economic activities. targets set out in 2022”.