Vung Tau 2020: Promising many prospects

  10/02/2020

By 2020, BR-VT will have more major industrial production projects in operation. According to the assessment of functional industries, when put into operation, these new projects will contribute about 10% of the total industrial production value of the province. These are positive signs, promising a promising year for the province's industry to continue to boom.


The Polypropylene Plant (PP) and underground LPG storage project are expected to come into operation in March 2020.

These days, at Hyosung Vina Chemical Co., Ltd, a company with 100% Korean capital (Cai Mep Industrial Park, TX.Phu My), the construction units are completing the final stages to prepare for the run. Try the factory next week. According to Mr. Kim Hyeung Jun, Director of Construction Division of Hyosung Vina Chemical Co., Ltd. said: If the test is successful, in early March 2020, the Company will officially go into operation in phase 1 with the amount of 300,000 tons of plastic resins / year. These products are used in the manufacturing industry such as automobiles, electricity, packaging, fiber and daily life items. At the same time, creating jobs for about 2,000 workers, creating great spillover for the development of the petrochemical industry and other industries.

PROJECT "BILLION" COMING SOON TO OPERATE

The Polypropylene (PP) Factory project and the LPG storage underground storage depot were built in early 2019, with a total investment of 1.2 billion USD. Thus, after only 1 year of construction, the factory has completed the plan. It is expected that in the coming week, enterprises will test the factory to officially put into operation in March 2020 in phase 1, with an output of 300,000 tons of plastic beads / year. Simultaneously create jobs for about 2,000 workers.

Previously, at the end of 2019, DTD Natural Energy Investment Co., Ltd. and CY Energy Development Co., Ltd. held a groundbreaking ceremony to implement the project and sign an EPC contractor to build two power plants at the same time. the sun of Gia Hoet 1 lake and Tam Bo lake, with a total investment of about VND 1,500 billion. These are the first 2 solar power projects on the lake in the province. Ms. Nguyen Thi Hong Diep, Director of DTD Natural Energy Investment Company Limited and CY Energy Development Company Limited said: By this time, all investment procedures of the project have been completed and expected. construction will begin in early February. With outstanding advantages of not occupying production land, not polluting the environment of the water source and affecting the operation of the lake, the project is expected to be put into operation in June 2020, contributing to enhancing the efficiency of use. use water surface, supplement clean energy source for the country.

In addition to the above projects, in 2020, the industry will have a number of projects in other fields coming into operation such as: the project of super white float glass factory phase 1 at Phu My 2 Industrial Park, Gemalink Port, SH Solar Farm Vina Co., Ltd, LTP Global Vina Co., Ltd, SuhLim Vina Co., Ltd, AJ Solution Co., Ltd, ... make an important contribution to the province's industry to fulfill the goal of increasing production index. industry excluding crude oil and gas up to 9.06%.


Production of garment products at Viet AN Garment Co., Ltd. (CCN Hac Dich, TX.Phu My).

According to the evaluation of the Provincial People's Committee, in 2019, the province's investment attraction has many positive changes. The province has attracted 57 new projects, bringing the total number of projects in the industrial zone to 420 valid investment projects with a total investment of nearly 19.4 billion USD. In which, there are 204 domestic investment projects and 216 FDI projects. Increasing the occupancy rate to 50.74% of the total number of industrial parks and more than 63% of the number of industrial parks with infrastructure construction completed. Recent attraction projects have focused on the following areas: warehousing, logistics and ports; industry, tourism, solar power, construction materials, shipbuilding, mining, commercial services, agriculture ... These are considered as strengths of the locality. This shows that, instead of massively attracting as before, the province has accepted to slow down to screen the appropriate projects. The province focuses on attracting projects with modern technology,SUSTAINABLE INDUSTRY DEVELOPMENT

In 2020, the province will focus its support to promote key industrial production projects such as Polypropylene (PP) factory project and LPG storage, and Central petrochemical complex project. Nam and solar power projects ... so that the projects complete on schedule as well as put into stable operation. Ms. Bui Thi Dung, Director of Department of Industry and Trade, said: Department of Industry and Trade will coordinate with relevant departments and agencies to grasp the needs of each foreign investor to attract investment to quickly develop industry in the direction of sustainable and competitive. Promote investment attraction, develop sub-industries of manufacturing mechanics, mechanics serving processing industry; reducing the proportion of processing and processing industry using imported inputs with low added value; gradually increasing the proportion of high value-added industries through selection and attraction of FDI projects. To develop sustainable and in-depth industry in order to gradually create products with national brands and competitiveness in regional and world markets. 

According to the plan, in 2020, the province will attract 35 new projects in industrial parks, with a total estimated capital of about 950 million USD, focusing on projects with large investment scale, high technology content, competitive and environmentally friendly products, with a focus on developed markets. In particular, focusing on developing supporting industries, processing, manufacturing and logistics services, in accordance with the province's investment objectives and policies.

In addition to supporting new businesses in operation, to attract new projects, the province continues to reform administrative procedures, improve the investment environment, improve the competitiveness index. Strengthen the state management of industrial zones to effectively manage production and business activities. Consider administrative reform as a breakthrough solution to improve the investment environment; improve the provincial competitiveness index (PCI). Making a portfolio calling for investment, as well as updating information to investors and the direction of investment accordingly. Supporting information related to investment, implementing programs and activities to attract investment in industrial zones. Focusing on attracting supporting industries according to the overall policy of the province. Enhancing investment promotion activities in industrial zones, focusing on promoting in key markets such as Japan,

Articles, photos: THANH NGA

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