Source: Vietnam Environment and Urban Electronic Magazine

In the coming time, the province will continue to call on Korean businesses in particular and foreign investors in general to invest in the province, with priority given to attracting businesses with large investment capital, being environmentally friendly, and having modern production technology,…

According to the summary of the Management Board of Industrial Parks (IZs) of Ha Nam province, by the end of June 2024, industrial parks in the province have attracted 596 investment projects, including 354 FDI projects with a total investment capital of Invested nearly 6 billion USD. Of the total above projects, there are 128 Korean investment projects, accounting for more than 1/3 of FDI projects, with a total investment capital of more than 1.6 billion USD (equivalent to 30% of FDI capital invested in the province). Korean businesses are ranked first in the number of investors and second in investment capital in the province.

Currently, Korean businesses are creating jobs for 27,020 workers and in 2023 contributing 568 billion VND to the State budget, out of a total of 5,047 billion VND of the entire Industrial Park. Some businesses contribute large budgets such as: Dream Plastic Company Limited (77 billion VND), Seoul Semiconductor Company Limited (56 billion VND), Dorco Company (42 billion VND), Ace Antenna Company (31 billion VND )…

According to Mr. Ngo Duc Dung, Head of Investment Management Department (Provincial Industrial Park Management Board), to achieve the above results, first of all, the province has strengthened investment promotion work, directly going to Korea to introduce the mechanism, policies to attract investment of businesses into industrial parks. Through channels on trade relations between the two countries, integrate promotion and introduce the province’s potential to Korean businesses. Industrial parks in the province are invested in relatively synchronous infrastructure, located near the capital Hanoi and Hai Phong port, which is very convenient for exporting and importing goods. Many Korean businesses that have invested in industrial parks highly appreciate the province’s investment attraction environment and propagate investment attraction policies to businesses that are investing in Vietnam. When investors enter the area, the provincial government always accompanies businesses, has many reforms in administrative procedures and preferential policies, promptly removing difficulties and obstacles for investors.

In the coming time, the Provincial People’s Committee will continue to call on Korean businesses in particular and foreign investors in general to invest in the province, with priority given to attracting businesses with large investment capital and being environmentally friendly. market, with modern production technology, creating a solid foundation for high-speed industrial development.

Regarding implementation solutions, the Provincial People’s Committee continues to develop transportation infrastructure, build industrial parks with synchronous infrastructure, creating favorable conditions to attract investors in general and Korean businesses in particular. The Provincial Industrial Park Management Board always performs well the state management of industrial parks in the province, promotes administrative reform, supports businesses in implementing quick and convenient investment procedures, Coordinate with investors in industrial park infrastructure to improve the quality of public services for businesses.

The Provincial People’s Committee also directed industries and businesses dealing in infrastructure of industrial zones to focus on site clearance for industrial zones; consolidate and improve the quality of public services serving industrial parks; well implement the commitments of the Provincial People’s Committee to investors; focus on reforming administrative procedures, creating the most favorable conditions to attract investors.

The Provincial Industrial Park Management Board regularly coordinates closely with industries and local authorities to continue to accelerate the progress of site clearance and investment in building synchronous infrastructure of industrial parks to be ready to welcome investors; proactively contact, contact and work with potential investors, especially strategic investors from Korea to mobilize and call for investment attraction in industrial parks in the province. For FDI projects of Korean enterprises in the area, the province continues to care and support; ensures progress, compliance with legal regulations and environmental protection; contributes to creating jobs for workers and local mobilization and increased budget revenue.