IPs Attracting Quality Investment

4:44:59 PM | 8/13/2013

In recent years, industrial parks in the province of Quang Ngai have continuously achieved encouraging results, significantly contributing to the restructuring of the local economy towards industrialisation and diversification of industries, raising the technological level and competitiveness of products.

Currently, investment areas in Quang Ngai industrial parks are diverse, including agro - forestry products, consumer goods, apparel, footwear and building materials, creating employment opportunities and improving incomes for workers. Enterprises in industrial parks contribute most to the value of industrial production and industrial exports of the province. Especially FDI enterprises in industrial parks also play an important role in enhancing production capacity in key industries.

In the first 6 months of 2013, a number of enterprises in Quang Ngai Industrial parks encountered a lot of difficulties. However, they have actively changed their business strategy and gradually stabilized production and maintained jobs for workers.

Particularly in attracting investment, Industrial Parks Management Board has licensed 5 new projects and approved additional capital for one project with a total registered capital in the industrial parks is VND470.728 billion or 188.29 percent of the year plan. Until now, the provincial industrial parks have attracted 83 projects with total registered investment capital of more than VND5,360 billion.

To create favourable conditions for enterprises, Quang Ngai Industrial Park Management Board often collaborates with other departments to help solve the problems of enterprises in the deployment process. At the same time it promotes supervision over licensed projects.

Currently Quang Ngai industrial parks continue to improve infrastructure and implement supporting policies for investors, especially small and medium enterprises. In attracting investment, provincial industrial parks give priority to projects with high capital and intensive technology and knowledge; projects in supporting industries and using skilled workers to make sure the right direction of attracting investment in Quang Ngai.

According to the Management Board of Industrial Parks of Quang Ngai, the province has changed the structure of the industries to call for investment. The province focuses on attracting quality projects. In addition, the province will also promote the reform of administrative procedures, improve the quality of dossiers under the one-stop shop; monitor closely manufacturing, trading, import and export to have appropriate solutions to overcome difficulties of the enterprises and promote business development.

Gia Phuc