Investing and developing industrial parks in Khanh Hoa

Khanh Hoa has always considered the industrial development a stimulus for its economic growth and the development of industrial parks (IPs) is a premise condition for the province to promote its investment attraction.

 

Truong Quang Minh, deputy director of the Khanh Hoa IP Management Board, said that over the past years, the province had always paid a special care for and created favourable conditions for IPs to start their operation soon. The province has implemented a ‘one-door’ mechanism. Also, local authorities have held regular meetings with enterprises and joint investment promotion conferences in Vietnam and foreign countries. Website on introducing investment opportunities in Khanh Hoa IPs is at http://www.khanhhoa-izs.com.vn with links to the Khanh Hoa Department of Planning and Investment’s website and the Khanh Hoa Portal.

 

The Suoi Dau IP (SUDAZI) was established on November 11, 1997 by the Khanh Hoa Trade and Investment Company on an area of 152 hectares. The IP has so far had its first phase’s infrastructure facilities completed on 78.17 hectares. Roads, electricity and water supply systems of the IP have been built. Also, the IP has a modern telecommunication network, meeting the international standard. Taxation, customs and banking services have been available at SUDAZI.

SUDAZI is promoting its infrastructure development, second phase. Alongside the development of SUDAZI, Khanh Hoa province is now building the IPs of Suoi Tan I and II, in which a block of flats has been built by the Housing Development Company for workers.

 

So far, the Suoi Dau IP has attracted 26 projects, including 15 FDI projects, with a total registered capital of US$43million plus VND 143 billion. The area for lease occupies 80 per cent.

 

SUDAZI is continuing to call for investment in the following fields: seafood, fruit and vegetable, cashew nut processing, dairy production and animal meat processing, garment and footwear making, home plastic and children toy production. Also, investors have been encouraged to develop their projects in electric, electronics, precise mechanics, motorbike assembly and manufacturing, stationery and musical instrument and sport equipment manufacturing.

 

The Ninh Thuy IP was established on October 7, 2004 on an area of 206.4 hectares. It is located 45 kilometres north of Nha Trang city, near the national highway 1A and national road 26B, near the southern bank of the Van Phong bay, near the Huyndai-Vinashin shipyard. Therefore, investors can invest in support and ship maintenance and building industries.

 

The Van Ninh IP on an area of 150 hectares is calling for investment. The IP’s water supply comes from the Hoa Son dam. It is located just 50 metres from the national electric grid, near the national highway 1A and the trans-Vietnam railway route. So far, Korean investors have applied for the IP’s infrastructure development.

 

The Northern Cam Ranh IP with an estimated area of 150 hectares is being planned. The Southern Cam Ranh IP with an area of 233 hectares is calling for new developer. The two IPs are located near important regional, national and international traffic points: 20 kilometres from the Cam Ranh airport in the south, five kilometres from the Ba Ngoi port in the south, one kilometre from national highway 1A in the west and near the national road 27.

 

The Dac Loc Small and Medium-sized IP with an area of 36.3 hectares is located along the national highway 1A, in the northwest of Nha Trang city. The IP has easy communication conditions, near railway routes, roads and waterways. The IP has infrastructure services, including electricity and water supply, waste water treatment, post and telecommunication, and banking, ready for investors.

 

The Diên Phu Small and Medium-sized IP with an area of 43.8 hectares in Dien Phu commune, Dien Khanh disrtrict is developed by the Khanh Hoa Department of Industry. The IP has started to build its infrastructure facilities.

 

The Doc Da TrangSmall and Medium-sized IP: has an area of 57 hectares, first phase, in Doc Da Trang, Van Ninh district.

The IPs have their own advantages and investors may choose IPs, meeting their requirements on scale and capability to gain the highest effectiveness. Minh said: “We can use our experience to provide consultancy services for investors.”