Nghe An is ready to line its nests to welcome eagles

Focus on the northern region

In recent times, despite the general difficult context, investment attraction in Nghe An has still achieved positive results. Thanks to the flexibility, creativity and proactive cooperation with investors, the province has attracted many dynamic projects such as: projects of Goertek Vina Precision Industry Co., Ltd.; Ju Teng International Group... These are environmentally friendly technology projects, creating many jobs for workers. In particular, the electronic components manufacturing project with a total investment of over 200 million USD of Ju Teng Group (Taiwan) in Hoang Mai 1 Industrial Park is a dynamic project, promising to be a "steel fist" for the Nghe An frontier region.

Hoang Mai Industrial Park is becoming an attractive destination for investors thanks to its many advantages in the logistics sector with a very convenient traffic location, from here it is easy to quickly access seaports, road ports and airports, thereby saving a lot of costs and transportation time, especially the cost of importing and exporting goods. Photo: Google Maps

Ju Teng Group's electronic components manufacturing project covers an area of ​​140 hectares in the north of the industrial park in Quynh Loc commune; Area 2: 50 hectares in Quynh Thien ward and Quynh Loc commune; Area 3: 50 hectares in hamlets 8 and 9, Quynh Loc commune.

Currently, implementing the province's direction, Hoang Mai is focusing on clearing the land for the project.

Mr. Nguyen Huu An - Chairman of Hoang Mai Town People's Committee said: "The town has developed a detailed plan for site clearance. Up to now, 130 hectares have been completed for Hoang Thinh Dat Group to level, ready to hand over to Ju Teng Group.

In the remaining areas, the town has mobilized people to dismantle their houses and prepare resettlement plans to hand over land to investors.

Hoang Mai focuses on clearing land for a large electronic components manufacturing project. Photo: Tran Chau

Hoang Mai Town People's Committee is continuing to direct the Compensation, Support and Resettlement Council of Hoang Mai Town and related departments and branches to strictly implement the direction of the Provincial People's Committee in the Notices of the Provincial People's Committee.

Vice Chairman of the Provincial People's Committee Le Ngoc Hoa at a working session on removing obstacles for Hoang Mai.

The town also requested Nghe An Electricity to direct Quynh Luu Electricity to closely coordinate with the Land Acquisition Council and Hoang Thinh Dat to complete the documents for moving power lines in the land areas that will be handed over to Ju Teng.

Hoang Mai Industrial Park and Dong Hoi Industrial Park with a scale of 1,200 hectares were approved by the Prime Minister to be added to the Southeast Economic Zone (in Decision No. 67/2014/QD-TTg dated December 4, 2014 of the Prime Minister). This is a key investment attraction of Nghe An in the coming time. Besides the above projects, this area has attracted a number of large projects such as: Hoa Sen Factory, Hai Chau Confectionery Factory...

Investment agreement ceremony for the project of Electronic Components Factory and Electronic Products Consumption for investor Ju Teng International Holdings Ltd (Taiwan) at Hoang Mai 1 Industrial Park, Hoang Mai town. Photo courtesy of Nguyen Hai

Accelerate infrastructure investment

In recent years, the Company LimitedVSIP Nghe An, WHA Industrial Zone Nghe An Joint Stock Company and Hoang Thinh Dat Joint Stock Company are major investors who not only ensure industrial park infrastructure for Nghe An but also contribute to Nghe An attracting secondary projects.

Previously, a series of projects such as Luxshare - ITC (Taiwan), Becker Industrial Coatings, Great Longviews Vietnam, Deta Vinh garment, Vinhtex (China), Em tech (Vietnam), Sangwoo Vietnam (Korea), Biomass Feel (JAPAN) have invested in VSIP Nghe An Industrial Park.WHA Industrial Zone 1 - Nghe An(WHA IZ 1 - Nghe An, some large projects such as Goertek electronic components project, Aska Foods seafood processing project...

VSIP Nghe An Industrial Park. Photo: Tran Chau

As of May 15, 2021, the province has granted new licenses to 35 projects and adjusted 47 projects; the total newly granted and increased investment capital is 7,567.14 billion VND.

Of which, the Southeast Economic Zone and newly granted industrial parks granted 28 projects/1,391.68 billion VND (accounting for 80% of the number of projects and 19.19% of the total investment). Adjusted 32 projects, of which adjusted investment capital for 05 projects, increased by 204.83 billion VND.
Compared to the same period in 2020, the number of projects increased by 13% and registered capital increased by 2.33 times. Nghe An continues to direct and focus on supporting investors to speed up the progress of key projects in Hoang Mai II Industrial Park, Tho Loc Industrial Park...

In the first 5 months of the year, Nghe An has recovered 6 projects/70,016 ha of land (including the 70,000 ha paper material afforestation project of InnovGreen Company Limited). The Provincial People's Committee will establish an Inspection Team and list of inspection projects in 2021, completing the draft Resolution of the Provincial People's Council on a number of investment support policies in Nghe An province.

Canning at Royal Foods Factory in Nam Cam Industrial Park (Southeast Economic Zone). Photo: Lam Tung

Nghe An Provincial People's Committee has just coordinated with the Ministry of Planning and Investment to successfully organize an online conference to attract Taiwanese investment in Nghe An with the participation of 130 businesses.

With synchronous preparation of infrastructure system, promotion of administrative reform and maximum support for enterprises, Nghe An province is ready to welcome big investors, "eagles" to nest./.