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Increasing investment attraction in industrial zones

The Tay Ninh Provincial Economic Zone Management Board (EZMB) will focus on implementing key tasks, solutions, and orientations to increase investment attraction in industrial parks (IPs), increase occupancy rates, etc., contributing to promoting local socio-economic development.

Báo Long AnBáo Long An31/07/2025

The working delegation of the Provincial Economic Zone Management Board led by Head Truong Thanh Liem worked with the investor of Huu Thanh Industrial Park.

Facilitation

2025 is identified as a particularly important milestone, both as the final year of implementing the 5-year Socio-Economic Development Plan for the 2021-2025 period and as the time to launch a series of strategic policies and decisions, creating the foundation for the new development period of 2026-2030.

In particular, from July 1, 2025, the implementation of two-level local government, unit arrangement, etc. officially took effect, opening a new chapter in the historical development process of the relevant localities. Thanks to its location adjacent to Ho Chi Minh City and the advantage of relatively synchronous infrastructure investment, industrial parks in Tay Ninh are "named" as attractive destinations for domestic and foreign investors.

Currently, the province has 46 established industrial parks with a total planned area of over 14,507 hectares; of which, 32 industrial parks have met the conditions to receive investment with a planned area of over 9,473 hectares, the occupancy rate reaching nearly 70%; the area of clean land ready for lease is over 1,014 hectares.

From the beginning of 2025 to now, in the context of the economy still facing many difficulties and challenges, industrial parks have attracted 128 new investment projects, including 99 FDI projects with a total registered investment capital of more than 577 million USD and 29 domestic projects with a registered investment capital of more than 7,274 billion VND.

In addition, 112 projects have adjusted their investment capital, including 91 FDI projects adjusted with a total capital of more than 252 million USD and 21 domestic projects adjusted with an increase of more than 549 billion VND.

In particular, in the first 6 months of 2025, industrial parks in the province have attracted large foreign investment projects such as: Vifon - Long An Food Processing Factory Project of Vifon Joint Stock Company with a total investment capital of nearly 71 million USD (equivalent to 1,800 billion VND); Biopharmaceutical and Medical Equipment Production Factory Project of Promea Biopharmaceutical Company Limited with an investment capital of 8 million USD;... This shows the increasing attractiveness of Tay Ninh to domestic and foreign investors.

According to the representative of Tran Anh - Tan Phu Industrial Park, Nguyen Tieu Long, during the investment process, the unit has always been listened to by authorities at all levels, grasped information and coordinated to promptly remove difficulties and obstacles, creating the most favorable conditions for businesses to operate. Currently, the Industrial Park has a total area of over 262 hectares, phase 1 is over 105 hectares, investing in completing infrastructure and initially receiving and attracting secondary investment.

Similarly, during the investment process in the area, Huu Thanh Industrial Park was promptly coordinated and supported by all levels and sectors to facilitate its operations in the area. The Industrial Park has a total area of over 524 hectares, of which industrial land is over 395 hectares.

Deputy General Director of Idico Corporation (the investor of Huu Thanh Industrial Park infrastructure) Phan Van Chinh said: "Up to now, the Industrial Park has attracted 59 investors, including 18 domestic investors with a total registered investment capital of VND 4,647 billion and 41 FDI investors with a registered investment capital of more than USD 703 million. We are very excited because we always receive active support from leaders of departments, branches, sectors and localities. Some difficulties and problems are quickly grasped, informed and resolved by leaders at all levels,... helping us feel secure in our operations".

Increase investment attraction

Tran Anh Industrial Park - Tan Phu

According to Deputy Head of the Provincial Economic Zone Management Board Nguyen Van Thong, Tay Ninh has an important geographical position in the dynamic region of the Southeast region and the Southern Key Economic Zone, identified as one of the growth poles, adjacent to Ho Chi Minh City - the largest economic center of Vietnam, an important gateway for foreign economic relations.

Tay Ninh province also has a synchronous transportation system connecting with international ports and large international border gates, which is very convenient for transporting import and export goods. In addition, the province has a large land and labor potential, with many potentials in many fields for the locality to promote industrial development, urban areas, logistics services, etc.

Localities always identify enterprises as the objects of service, proactively accompanying enterprises. Investment incentive policies and administrative procedure reform are considered the focus, ensuring publicity, transparency, efficiency, and savings, helping investors feel secure in implementing and expanding projects.

Investment attraction has been paid attention to, diversified in forms, focusing on business dialogue activities, accelerating the construction of industrial park infrastructure, creating clean land funds to stabilize industrial real estate prices, supporting businesses, promoting domestic and foreign investment in industrial parks in accordance with the province's annual action programs and plans. The Economic Zone Management Board and departments, branches and localities in the province have closely coordinated, ready to support, remove difficulties, and build trust for investors.

However, besides the basic advantages, the province also faces some difficulties and challenges: The creation of clean land funds is still slow due to problems in compensation, site clearance, land recovery and allocation to investors.

Specific land valuation work when compensating and clearing land has been paid attention to, but the dossiers are still pending and prolonged, leading to difficulties for industrial park investors to fulfill their financial obligations and carry out land procedures for secondary investors. The land lease price of industrial parks is higher than that of neighboring provinces because some localities in the province have high compensation prices, weak soil, high investment rates, etc.

Some industrial parks are in the process of investing in infrastructure or expanding, but the progress is slow, not meeting the requirements of large investors in terms of internal and external traffic connections, wastewater treatment, and stable electricity and water supply. The labor force is abundant, but skilled and highly skilled workers are still scarce, not meeting the requirements of high-tech and automated industries, leading to increased retraining costs for businesses,...

Mr. Nguyen Van Thong affirmed that in the process of receiving investment, the province's consistent and consistent viewpoint is economic growth without sacrificing the environment; identifying green growth and development associated with reducing greenhouse gas emissions towards the target of net zero emissions by 2050 as an inevitable trend, a target and an important content of sustainable development, a development process with a close, reasonable and harmonious combination between socio-economic development, economical and effective use of resources associated with the application of advanced science and technology and environmental protection, adapting to climate change.

In the coming time, the industrial parks in the province will attract investment focusing on developing green, smart, ecological industrial parks; upgrading existing industrial parks and planning new ones according to modern and sustainable criteria. Shifting the economic growth model from breadth to depth; taking science, technology, innovation and digital transformation as the main driving force; prioritizing calling for semiconductor industries, supporting industries, processing industries, energy industries; focusing on attracting investment, especially international corporations, with strong branded products to create conditions to promote linkages in developing production and consumption of supporting industrial products, forming stable and sustainable production and supply chains.

The Management Board of the Economic Zone will strengthen coordination in inspecting and reviewing the occupied area of the industrial zones, updating the investment and construction progress, and the investment attraction situation of the industrial zones; proactively and closely coordinate with departments, branches, localities, and enterprises, focusing on thoroughly resolving difficulties and obstacles in site clearance to attract investment and improve the operational efficiency of the industrial zones according to the province's orientation.

At the same time, the Board will strengthen the work of removing difficulties and obstacles for infrastructure enterprises, regularly organize meetings and dialogues with enterprises as well as specialized meetings to solve each group of problems for enterprises in the coming time./.

Chau Son

Source: https://baolongan.vn/tang-cuong-thu-hut-dau-tu-vao-khu-cong-nghiep-a199823.html


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