In recent years, the Vinh Phuc Industrial Park Management Board has increasingly demonstrated effectiveness in executing state management and development initiatives for industrial parks (IPs). These efforts have significantly improved the investment and business environment, fostering substantial growth in production and business activities within the IPs.
Ba Thien Industrial Park
Since its inception, the Vinh Phuc Industrial Park Management Board has been dedicated to advising provincial leaders on the development of critical mechanisms, policies, and solutions for advancing the province's IPs (IPs) and industrial clusters. Currently, Vinh Phuc province hosts 16 established IPs, with 9 operational parks, including: Khai Quang IP (221.46 ha); Binh Xuyen IP (286.98 ha); Kim Hoa IP (50 ha); Ba Thien IP (325.75 ha); Binh Xuyen II IP - Phase 1 (42.21 ha); Ba Thien II IP (308.83 ha); Tam Duong II IP - Area A (135.17 ha); Son Loi IP (257.35 ha); Thang Long Vinh Phuc IP (213 ha). According to the Provincial Planning for the period 2021-2030, with a vision to 2050 as approved by the Prime Minister, Vinh Phuc aims to develop 24 IPs spanning 7,000 hectares by 2030.
To effectively address the infrastructure needs of businesses and new projects, particularly large-scale ventures with modern technology, and to align with the IP development strategy for the Red River Delta and national planning, the Provincial Industrial Park Management Board has recently worked closely with relevant sectors, localities, and organizations. This collaboration includes advising the Provincial People's Committee on the review and inclusion of new IPs into the Provincial Planning for 2021-2030, with a vision to 2050. Additionally, the Board supports enterprises and investors by providing insights into the investment and business environment, streamlining the project implementation process, and promptly addressing challenges to ensure stability and harmony in labor relations in enterprises.
Since the beginning of the year, the Industrial Park Management Board has actively collaborated with relevant agencies to advise the Provincial People's Committee on several key initiatives. These include: Adjusting the detailed construction planning at a scale of 1/500 for Son Loi Industrial Park (a new undertaking); Guiding and supporting G.S Vietnam Co., Ltd through the procedures for adjusting investment projects, recommending investors on investment planning, and implementing financial measures to ensure project feasibility and continuity while mitigating financial risks; Issuing 18 new construction permits. Additionally, the Board has worked to expedite the administrative processes associated with granting investment registration certificates, including shortening the appraisal time for these procedures, reviewing construction designs beyond the basic design stage, and issuing construction permits.
Mr. Vu Kim Thanh, Deputy Director of the Vinh Phuc Industrial Park Management Board, said: The Provincial People's Committee has tasked the Provincial Industrial Park Management Board with studying and advising on specific orientations for developing new types of IPs in the province, including supporting IPs, specialized IPs, and high-tech IPs. The goal is to enhance guidance, support, and collaboration with infrastructure investors to propose innovative industrial park projects that balance economic, social, and environmental objectives. This approach aims to deepen the participation in the value chain, improve competitiveness, and boost the development efficiency of the IPs. In the process of consulting on IP project dossiers, it is crucial to ensure project feasibility. This includes clarifying the suitability of land use indicators, especially regarding the conversion of rice paddies and forest land, as well as evaluating the conditions for investing in IP infrastructure. Additionally, we must assess the capacity of investors to meet the regulatory requirements for land allocation and leasing.
Through state management efforts, the infrastructure of IPs in Vinh Phuc province has been developed comprehensively, effectively meeting investor needs, including the establishment of wastewater treatment facilities. Several IPs have successfully leased out 100% of their industrial land, while others are actively engaged in compensation and site clearance processes to enhance their appeal to investors.
By Duy Binh, Vietnam Business Forum
Vietnamese
October 2024
Hanoi