With well-prepared investment and constant support for investors to develop the province’s industry to the top of the country, Hoa Mac Industrial Park of Ha Nam province has become a bright spot of investment attraction. Mr. Tran Kien Cuong, Deputy Director of Hoa Mac Industrial Park Operation Management Co., Ltd, gives an exclusive interview to Vietnam Business Forum on these achievements and efforts. Duy Binh reports.
As an investor of Hoa Mac Industrial Park, could you please introduce its advantages? What are its outstanding differences from other industrial parks?
Hoa Mac Industrial Park is located in Duy Tien town, Ha Nam province; 45 km south of Hanoi center. It lies on National Highway 38, near National Highway 1A and Highway 39 connected to many other arterial roads such as Highway 5 and Hanoi - Hai Phong Expressway (Highway 5B). Thus, it is convenient and easy to travel to Hanoi and satellite cities; especially, it takes only about 2 hours to reach Hai Phong Port. This is a great advantage for businesses to transport, distribute, import and export goods to domestic and international markets. Covering over 131 ha, Hoa Mac Industrial Park has a complete, synchronous and modern technical infrastructure system, including internal traffic, electricity, water and fire protection systems. The wastewater treatment plant has a daily treatment capacity of 1,500 cubic meters.
As of June 2020, the occupancy rate in Hoa Mac Industrial Park reached 70%, hired by five domestic projects and 23 FDI projects, mainly from Japan and South Korea. Many investors have decided to expand their scale after a period of operation and Hoa Mac Industrial Park is known as the No. 1 choice for their business expansion.
Meeting “standard requirements” of world-leading investors not only confirms the level of the investor of Hoa Mac Industrial Park, but also contributes to building a dynamic image of Ha Nam province’s attractive business environment. Would you mind sharing some experience in industrial zone investment in the current period?
To be selected by investors for their factories, synchronous infrastructure and service quality are decisive factors. Therefore, Hoa Mac has paid great attention from planning, designing and constructing the infrastructure system. Specifically, the chessboard-like traffic network ensures smooth circulation; water supply and drainage systems and telecom networks are built underground to tenants’ fences; the power grid along traffic roads fully meets tenants’ needs; important technical works like the wastewater treatment plant are built soon after key infrastructure construction was started, to be put into use at the same time as the first tenants operated their factories in the industrial zone. So far, the complete synchronous technical infrastructure inside the industrial zone is ready to welcome investors.
How do authorities play their role to attract investors, especially foreign investors, in addition to the operator?
To attract investors, both domestic and foreign, in addition to efforts of the industrial park investor, the government is responsible for ensuring investing activity for them when they come to Ha Nam.
Specifically, to provide the most favorable conditions for investors and see investment cooperation as a very important task to promote socioeconomic development, the provincial government of Ha Nam actively launched investment promotion programs; promptly solved difficulties and obstacles for investors to carry out their projects; and strengthened investor confidence in the province. In addition, the province has focused resources on accelerating infrastructure construction, and drastically directed the implementation of solutions for better investment environment, more streamlined administrative reform and higher provincial competitiveness.
Source: Vietnam Business Forum