FDI investors have many good impressions about investment environment in Long An

In 2021, the world and Vietnam will be heavily affected by the impact of the Covid-19 epidemic, especially in Ho Chi Minh City and neighboring provinces and cities, including Long An. According to the investment report 2021 of the United Nations Conference on Trade and Development (UNCTAD), in the difficult context, but Vietnam increased by 5 levels, for the first time in the top 20 countries attracting the most FDI in the world. 

Particularly in 2021, Long An is the leading locality to attract FDI in the country when it has received 47 new FDI projects with newly granted investment capital of over 3.33 billion USD. In addition, 41 projects registered to increase capital by 126 million USD. Up to now, the province has 1,127 projects with registered capital of 9.42 billion USD, 588 projects have come into operation with investment capital of 3.62 billion USD.

Thuan Dao Industrial Park (IP) (in Ben Luc District) is one of the first real estate projects when Dong Tam Group participates in the industrial real estate market. After nearly 18 years of establishment and development, up to now, Thuan Dao Industrial Park has become one of the effective industrial park models in Long An province.

According to the Director of Dong Tam - Nguyen Mon IP Joint Stock Company, so far, Thuan Dao IP has attracted 50 secondary investment projects, reaching 100 percent occupancy rate. Of which, more than 90 percent is FDI, typically multinational economic groups: Cargill, Lacuna - USA; Nutreco - Netherlands; ChingLuh - United Kingdom; Benkan - Japan; Oschlers, Quickpack - Federal Republic of Germany; Eland - Korea; Huafu, Tungtex, Hoca, OKIA - Hong Kong, etc.

Up to now, companies and factories located in Thuan Dao IP have created jobs for nearly 40,000 workers. Although the economy will face many difficulties in 2021, the company has attracted 8 secondary investors to invest in the expanded Thuan Dao IP, of which, there are 4 FDI projects.

Workers produce at Airspeed factory

Kizuna is a ready-built factory area with services in Tan Kim IP, Can Giuoc district, one of the key economic development districts of the province. With the advantage of a favorable geographical position, adjacent to Ho Chi Minh City, located on NH 50 - an important traffic axis that is being upgraded and expanded to serve the needs of transporting goods from IPs to Ho Chi Minh City. and neighboring provinces, Kizuna Service Factory Area is an ideal destination for investors, creating thousands of jobs for local people.

Airspeed Manufacturing Vietnam Co., Ltd (Airspeed) specializes in manufacturing electronic components, with investment capital from the US and UK, the factory is located at Kizuna 2 workshop, Tan Kim Industrial Park. Deputy General Director of the Company - Bui Quynh Trang shared, one of the important factors that the company chose to set up a factory in Can Giuoc district is infrastructure, especially convenient traffic, with NH 50 passing through, are upgraded every year; near the seaport and adjacent to Ho Chi Minh City, so it is easy to attract local and neighboring workers, especially high-quality workers who can meet the company's requirements from Ho Chi Minh City to work. This is a resource to help the company always improve productivity, product quality and meet market demand.

Currently, Airspeed's products are directly exported to foreign countries and supplied to many of the company's partners in Vietnam. With efficiency in business, Airspeed is preparing the necessary conditions to expand the production plant, recruiting about 150 more employees, bringing the total number of employees to nearly 700 people in 2022.

Workers produce at the factory of LeBoucher Co., Ltd

LeBoucher Co., Ltd (Binh Tinh commune, Tan Tru district) has 100 percent FDI capital, specializes in slaughtering, processing, and mixing all kinds of chicken meat. On average, one day and night, the company produces 36,000 chickens. Chicken is sold through a system of supermarkets and restaurants in Ho Chi Minh City and many neighboring provinces.

Deputy General Director of the Company - ChriStophe Viaud said that during its operation in Tan Tru district, the company had many advantages, especially during the recent Covid-19 epidemic, the employees were vaccinated early and production stabilization was quickly. In addition, any difficulties the company encountered at the time of social distancing such as transportation of goods and administrative procedures were soon removed. In particular, the traffic route from Provincial Road 833 to the company has recently been covered with plastic mats, helping the company to transport goods easier and faster than before.

With the most specific and practical actions, promptly solving business problems, with the motto "Long An always accompanies with businesses", the provincial government has built a friendly image of Long An, safe, competitive and effective investment environment. Believing that in the coming time, Long An will continue to be a "good land" for domestic and foreign investors to come to invest, do business, cooperate together for a long time and develop together./.

By Mai Huong  - Translated by Duc Tam

Source: https://baolongan.vn/nha-dau-tu-fdi-co-nhieu-an-tuong-tot-dep-ve-moi-truong-dau-tu-o-long-an-a127796.html