Long Duc Industrial Park (IP) is directly linked with National Road 53, National Road 60 and Long Duc river ports. The 100.6 hectare industrial park includes 30 hectares to be built in the first phase and 70.6 hectares in the second phase.
So far, the Long Duc IP has a leasable area of 65.85 hectares, including 15.8 hectares of the first phase and 50.05 hectares of the second phase. 21.22 hectares, or 32.22 per cent, is currently leased. Apart from the resettlement area in use, the Tra Vinh Industrial Zones Authority instructed the Long Duc Industrial Park Infrastructure Development Company to build infrastructure items like inside roads, site clearance, water supply and drainage systems, storm sewers, 22-kV power lines, three-phase power lines and green areas. To date, infrastructure system construction is 30 per cent complete. The wastewater treatment system is expected to be finished in the fourth quarter of 2008.
Among four operational projects, the construction of factories is some 80 per cent complete (My Lan Chemicals Company, Van Ty Co. Ltd, Long Duc Co. Ltd, and Khai Hoan Shoes Company branch). Among three projects under construction, workshop construction reached some 50 per cent (Post and Telecom Joint Stock Company, My Lan Printing Material Production Joint Stock Company and Aquafeed Cuu Long Fish Feed Processing Company). Two projects are nearing design completion for construction in the first quarter of 2008 (Khanh Phong Plank Stone Production Company and Thien Nhien Package Production Company).
In the past years, Tra Vinh Industrial Zones Authority has actively cooperated with concerned branches and authorities and instructed its offices to simplify licensing procedures to facilitate investment activities. Particularly, investment licensing, seal granting and tax code granting procedures were shortened to three days from 15 days. In the coming time, the Authority will continue facilitating investors with customs, import-export, transit and working environment. Besides, to meet the labour demand of companies in the industrial zone, the Authority will help investors post recruitment announcements in the Recruitment Centre, affiliated with Tra Vinh Department of Labour, Invalids and Social Affairs. It also assists investors in working with Tra Vinh University to train labour on demand. In the coming time, when more projects are licensed in the park, the Authority will set up its own recruitment and labour training centre.
Mr Le Van Huong, Deputy Director of Tra Vinh Industrial Zones Authority, said that to attract investment capital in 2008 the Authority will closely cooperate with the Trade and Tourism Investment Promotion Centre to advertise investment opportunities in Long Duc IP via various channels such as seminars, trade fairs and business delegations. It will set up channels to solve investors’ legal difficulties and polish its image in the eyes of investors.
Kim Bao
Vietnamese
