Long An strives to have 4 more industrial parks in operation by the end of 2019

At the meeting

Recently, the EZMB strives to complete the tasks under the direction of the Provincial Party Committee and the Provincial People's Committee on investment, construction, business and development of IPs and border-gate economic zones to create favorable conditions for businesses.

According to the Project approved by the Prime Minister in Official Letter No.1748/TTg-CN, the whole province has 31 industrial parks which have been supplemented by the Prime Minister to the development planning of IPs in Vietnam until 2020. Total planning area for IPs is over 11,391 hectares.

There are 16 industrial parks operating in Long An

Up to June 30, the area of industrial land transferred or leased in 16 operating IPs has been 2,257.24 hectares with an occupancy rate of 85.24 percent. All IPs in operation have completed the technical infrastructure and centralized wastewater treatment system.

Under the direction of the Provincial People's Committee on the issuance of the Action program to implement the socio-economic development plan in 2019, the EZMB is focusing on supporting investors to speed up infrastructure investment so that 3 IPs will come into operation in 2019.

To be more specific, EZMB will establish a Supervision team to monitor the implementation of infrastructure projects of the IPs. By the end of 2019, it is expected to have 4 IPs in operation, including Long Hau 3 - phase 1, IMG Phuoc Dong, Dong Nam A, and Huu Thanh. The EZMB continues to urge the implementation of these projects, promptly report to the Provincial People's Committee to solve difficulties for businesses.

According to the Resolution of the 10th Provincial Party Congress (term 2015 - 2020), by 2020, Long An aims to attract more than 3,500 hectares to fill IPs and clusters. However, this activity has not reached the set target because of difficulties in site clearance and limitations in financial capacity of the investors. In the past 10 years, no new IPs have put into operation, so the industrial land area that has completed infrastructure is not much. At present, only about 330 hectares of industrial land are available for lease.

Moreover, Long An Border gate economic zone attracts very few investment projects. Since the plan was announced in 2015, the 13,080 hectare Border gate economic zone has only received 4 investment projects. In order to attract investment effectively, the EZMB proposes to expand the fields of investment and complete the technical infrastructure of Binh Hiep International Border Gate.

The EZMB requests the Provincial People's Committee to focus on investing in infrastructure outside the IPs, creating favorable conditions in building transport systems, establishing land funds for small and medium-sized enterprises to regulate land prices in the market and avoid speculation.

According to the Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee - Tran Van Can, recently, the EZMB has performed its duties well to attract secondary investors in industrial zones effectively and contribute to the province's socio-economic development. However, there have been some limitations including objective and subjective reasons.

He asked the EZMB to continue to support infrastructure investors so that 4 new industrial parks will be put into operation; focus on reviewing and improving the quality of IPs through increasing occupancy rates and promoting investment. At the same time, the EZMB has to strictly implement the Conclusion No.720 of the Provincial Standing Committee on compensation, site clearance and resettlement; continue reviewing and proposing the recovery of IPs which have invested policies but implemented behind schedule to give opportunities for other investors./.

By Mai Huong - Translated by Pham Ngan