Increasing investment attraction in industrial zones

The working delegation of the Provincial Economic Zone Management Board led by Mr. Truong Thanh Liem works with the investors of Huu Thanh Industrial Park

Creating favorable conditions for enterprises

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

In particular, from July 1, 2025, the implementation of 2-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, the industrial parks in Tay Ninh became 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 are eligible to receive investment with a planned area of over 9,473 hectares, the occupancy rate is nearly 70%; the area of clean land ready for lease is over 1,014 hectares.

Since the beginning of 2025, in the context of many economic difficulties and challenges, industrial parks have attracted 128 new investment projects, including 99 FDI projects with a total registered investment capital of over 577 million USD and 29 domestic projects with a registered investment capital of over 7,274 billion VND.

In addition, 112 projects have increased their investment capital, including 91 FDI projects with a total capital of over 252 million USD and 21 domestic projects with over 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; etc. 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-CTCP (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 4,647 billion VND and 41 FDI investors with over 703 million USD. We have always received active support from leaders of departments, branches, sectors and localities. Some difficulties and problems were quickly grasped, informed and resolved by leaders at all levels, helping us feel secure in operations."

Strengthening investment attraction

Tran Anh - Tan Phu Industrial Park

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 in Vietnam, an important gateway for foreign economic relations.

Tay Ninh province also has a synchronous transportation system connecting with international ports, major international border gates, 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 to promote industrial development, urban areas, logistics services, etc.

The locality always identifies enterprises as the service objects, proactively accompanying enterprises. Investment incentives 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 is focused on with many forms, focusing on business dialogue activities, accelerating the progress of industrial park infrastructure construction, creating clean land funds to stabilize industrial real estate prices, supporting businesses, and promoting domestic and foreign investment in industrial parks in accordance with the province's annual action programs. 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, in addition to 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 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 lacks skilled and highly skilled workers, not meeting the requirements of high-tech and automated industries, leading to increased retraining costs for enterprises, etc.

Mr. Nguyen Van Thong affirmed that in the process of receiving investment, the consistent viewpoint of the province is economic growth without trading off the environment; identifying green growth and development associated with greenhouse gas emission reduction towards the goal of net zero emissions by 2050 is an inevitable trend, a target and an important content of sustainable development, a development process that closely, reasonably and harmoniously combines socio-economic development, economical and efficient use of resources associated with the application of advanced science and technology and environmental protection, and adaptation to climate change.

In the coming time, industrial parks in the province will attract investment focusing on developing green, smart and ecological industrial parks; upgrading existing industrial parks and planning new ones according to modern - 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, and energy industries; focus on attracting investment, especially international corporations with strong branded products, to facilitate the promotion of linkages in the development of production and consumption of supporting industrial products, forming a stable and sustainable production and supply chain.

The Management Board of the Economic Zone will strengthen coordination in inspecting and reviewing the occupied area of industrial parks, updating the investment and construction progress and the investment attraction situation of industrial parks; proactively and closely coordinating with departments, branches, localities, and enterprises, focusing on thoroughly resolving difficulties and obstacles in site clearance to attract investment and improving the operational efficiency of industrial parks 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 organizing meetings and dialogues with enterprises as well as thematic meetings to resolve each group of problems for enterprises in the coming time./.

By Chau Son - Translated by Q. Thien

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