IPs- Important Catalyst for Lam Dong Economic Development

10:01:01 AM | 11/1/2013

With increased annual industrial output value and greater contribution to the province’s GDP, Lam Dong Industrial Parks (IPs) have now become a strong platform for local economic development. "Facilitated by advantages, open and convenient investment environment, dedicated and attentive service attitude, local IPs have been and will certainly be a trusted place for domestic as well as foreign investors,” said Le Dinh Phuoc, Director of Lam Dong Industrial Zones Authorities. Hoang Lam reports.
One of the most important highlights of Lam Dong is that the province has already shaped a unified IP system. Can you tell us about the specific results in the process of building local IPs, as well as the process of attracting investment into IPs, until now?
Currently Lam Dong has three industrial parks namely Loc Son IP, Phu Hoi IP and Urban Tan Phu IP, with a total planned area of 871 hectares. Specifically Loc Son IP has a planned area of 200.2 ha and gives priority to industries of coffee processing, tea, production of construction materials, aluminum production, stone, electronics assembly, mechanical engineering and weaving silk. Until now the IP has licensed 27 enterprises/projects including 6 FDI enterprises with a total registered investment capital of US$15.35 million and VND1803.42 billion; covering an area of 69.93 hectares and hiring 3,571 workers.
Phu Hoi Industrial Park has a planned area of 174.947 ha; attracting investment in some priority sectors including processing agricultural products, animal feed and building materials. Until now, there have been 26 enterprises/projects granted with valid investment certificates (including 8 FDI enterprises) with a total registered capital of US$34.764 million and VND1223.259 billion; covering an area of 50.16 hectares and hiring 3413 labourers.
Urban Tan Phu IP is permitted by the Prime Minister to be established with an area of 496 hectares, of which 410 ha are industrial zone area and 86 ha are urban land. Until now, there is a joint venture planning the construction and infrastructure business in Urban Tan Phu Industrial Park and has been agreed in principle by the Provincial People Committee.
To take the final investment decision, what concerns investors most is "clean land". So what have you done to create "clean land" funds?
Development of IPs is defined as a provincial key project, so it is always attracting constant attention and direction from the Provincial Party Committee, Provincial People's Council, People's Committee and the central ministries; effective coordination of Bao Loc city People’s Committee, Duc Trong district People's Committee in the work of site clearance compensation and investment in essential infrastructure to initially meet the requirements of production of enterprises. Particularly the Provincial People’s Committee always pays due attention to the allocation of funds for compensation for land acquisition and construction of technical infrastructure; creating clean land fund and promptly arranging for investors that have approved appropriate plans in IPs.
Are there any inadequacies in the construction, development and management of industrial parks of Lam Dong?
In terms negatives, annual allocated capital is still limited; attracting investment in the construction and infrastructure business is difficult, so investment in plant and waste water treatment systems in the IPs have not been implemented; which also affects attracting investment. Our country is developing towards industrialization and modernization. Realizing that orientation requires Lam Dong IPs to develop rapidly, and ensure environmental sustainability; and further improve the effectiveness and efficiency of state management in the industrial park, creating a good investment environment to promote economic growth of businesses in the industrial park.
What is the oriented development of IPs toward the implementation of common goals "By 2020, Lam Dong Province will be built into a developed province in the Central Highlands"?
The Development of IPs is identified as a provincial key project in the spirit of the Resolution of the Party Congress in Lam Dong province. So the key tasks for IPs in the future are to promote investment, improve the quality of investment projects contributing to the industrial production value, and increase export turnover to motivate growth and shift in the structure of local GDP to the modern direction. Along with the development of tourism, a driving economic sector, the Lam Dong economy is guided along the process of rapid development, sustainability and international economic integration.
The province strives by 2015 to fill the area of ​​Loc Son IP, Phu Hoi IP and 40 percent of Tan Phu IP. Sales of businesses in industrial parks (by 2015) will reach US$ 1.343 million, of which exports will be US$ 738 million.
To achieve the objectives, management board strengthens inspection and comprehensive reviews of progress and investor's ability to implement projects of infrastructure development; implements land acquisition of projects that do not have the ability to implement the project or deliberately slow implementation. It also pays special attention to investment promotion, building the website of the Management Board connected to provincial and national general electronic portal, introducing the region's potential and advantages, and main preferential policies to encourage investment in priority projects, project procedures, and provides program information to promote investment. At the same time, the management board pays attention to the implementation of administrative reform; applying quality management system according to Vietnamese standard TCVN ISO 9001:2008 for all administrative procedures in the Management Board.
Along with the enhancement of environmental protection and preference toward large-scale investors that have modern technology and have real financial capacity, the Management Board also focuses on improving business support programmes; supporting skilled labour development, clean water supply and ensuring stable power.
 Thank you very much!