Nghe An: Nearly 2,000 billion VND invested in Southeast Economic Zone and industrial parks in 8 months
(Baonghean.vn) - According to the report of the Southeast Economic Zone Management Board, in 2020 as of July 17, Nghe An has granted 12 new investment projects to the Southeast Economic Zone and industrial parks in the area.
In the first 8 months of 2020, the Southeast Economic Zone Management Board advised on investment policy decisions and granted investment registration certificates to 12 projects, with total newly granted capital reaching VND 1,929.1 billion.
Of which, there are 4 FDI projects with total registered capital of 48.7 million USD, 7 domestic investment projects with total registered capital of 804 billion VND. Adjusted investment capital for 8 projects, total registered capital increased by 5,985.9 billion VND.
Currently, the Board is advising on licensing procedures and adjusting investment in large-scale projects such as: Adjusting the ECOVI Waste Treatment and Recycling Area Project (1,691 billion VND), Adjusting the Hotel, Restaurant, Eco-tourism Area Project in Nghi Yen Commune, Nghi Loc District (36 million USD), Administrative Center and Wood Products Trading Floor Project (349 billion VND), CPT Mechanical Products Manufacturing Complex Project (306 billion VND)...; at the same time, supporting investment procedures for projects such as: Quynh Lap II Thermal Power Plant Project (2.5 billion USD), Hoang Mai Eco-tourism Resort Project (1,699 billion VND), Nghi Yen Waste-to-Energy Treatment Plant Project (1,361 billion VND)...
Up to now, Dong Nam Economic Zone has attracted 239 valid projects, with a total investment capital of VND 58,005 billion. Of which, there are 43 FDI projects, with a total investment capital of VND 15,820 billion (equivalent to USD 680.45 million). Currently, Dong Nam Economic Zone and Nghe An Industrial Parks have 128 projects in operation.
Details of 12 newly licensed projects in the first 8 months of 2020 include:
1. Thanh Do Animal Feed Factory.
Investor: Thanh Do Animal Feed Production Company Limited
Capacity: 96,000 tons of products/year.
Domestic investment capital: 67,084,485,714 VND.
Location: Tho Loc Industrial Park.
2. Woosin Vina Company Limited Project (Singapore).
Investor: SPT Woosin PTE.LtD
Capacity: Production of auto spare parts (wire harness for cars) 1.3 million products/year.
Domestic investment capital: 8,000,000 USD.
Location: Industrial ParkVSIP Nghe An.
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| A corner of VSIP Nghe An Industrial, Urban and Service Park. Photo: Chau Lan |
3. Project of factory producing protective gloves and building workshop for rent.
Investor: STP Nghe An Joint Stock Company.
Capacity: Production of labor protection gloves: 19.4 million products/year.
Domestic investment capital: 37,014,000,000 VND.
Location: Area C, Nam Cam Industrial Park.
4. Quynh Loc Inland Water Port Project and Fisheries Logistics Services.
Investor: Hung Dung Construction and Trading Investment Joint Stock Company and Thanh Cong Trading Company Limited.
Capacity: Construction of inland waterway ports and fishing logistics services.
Domestic investment capital: 415,100,000,000 VND.
Location: Dong Hoi Industrial Park.
5. Project to exploit landfill soil at Ru Rim, Nghi Yen commune, Nghi Loc.
Investor: VSIP Nghe An Company Limited.
Capacity: Exploitable reserves: 2,334,251 m3.
Foreign investment capital: 407,666 USD.
Location: VSIP Nghe An Industrial Park.
6. Mergy&Luxshare Vietnam Co., Ltd. Project.
Investor: Mergy&Luxshare Vietnam Co., Ltd.
Foreign investment capital: 40,000,000 USD.
Location: VSIP Nghe An Industrial Park.
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| Some factories have come into operation in VSIP Nghe An Industrial Park. Photo: Chau Lan |
7. Project of Superfine Stone Powder Production and Processing Factory
Investor: Dong Hoi New Materials and Technology Company Limited and Kieu Phat Trading Company Limited.
Capacity: 480,000 tons/year.
Domestic investment capital: 100,000,000,000 VND.
Location: Dong Hoi Industrial Park.
8. Nhat Huy Stone Processing Factory Project
Investor: Nhat Huy Stone Processing Joint Stock Company.
Domestic investment capital: 20,000,000,000 VND.
Location: Tho Loc Industrial Park.
9. Zonsen Vietnam Packaging Manufacturing and Processing Factory Project
Investor: Zonsen Vietnam Packaging Company Limited.
Foreign investment capital: 300,000 USD.
Location: Nam Cam Industrial Park.
10. Auto parts manufacturing factory project and logistics warehouse rental business
Investor: VinaSun Energy Investment Joint Stock Company.
Capacity: 1.5 million products/year.
Domestic investment capital: 120,000,000,000 VND.
Location: Industrial ParkWHA Nghe An.
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| WHA Industrial Zone 1 - Nghe An (WHA Industrial Park). Photo courtesy |
11. Project of door factory, wood sawing and warehouse business, goods storage
Investor: Thien Phu Company Limited.
Capacity: 50,000 tons/year.
Domestic investment capital: 40,000,000,000 VND
Location: Nam Cam Industrial Park.
12. Ru Dua Soil Mining Project, Nghi Hung Commune, Nghi Loc District
Investor: Dong Nam Company Limited.
Capacity: 50,000m3/year
Domestic investment capital: 4,829,875,000 VND
Location: Southeast Economic Zone.
* In addition, there are 8 projects with increased capital including:
1. Lan Chau North Island Resort Project, Cua Lo Town
Investor: Golden City Joint Stock Company
Location: Cua Lo Town, Nghe An Province.
Registered capital: 284,622,476,000 VND.
Adjusted investment capital: 1,171,175,000,000 VND.
Increased capital: 886,552,524,000 VND.
2. Tri Le MDF Wood Factory Project
Investor: MDF Wood Joint Stock Company Nghe An
Location: Tri Le Industrial Park.
Registered capital: 2,180,532,000,000 VND.
Adjusted investment capital: VND 2,998,559,000,000.
Increased capital: 818,027,000,000 VND.
3. Em-Tech Vinh Factory Project
Investor: Em-Tech Co.,LTD
Location: VSIP Industrial Park.
Registered capital: 11,200,000 USD.
Adjusted investment capital: 19,110,000 USD.
Increased capital: 7,910,000 USD.
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| Em-Tech factory in VSIP Industrial Park. Photo: Lam Tung |
4. Bai Lu Eco-tourism Area Project
Investor: Bai Lu Investment and Trading Joint Stock Company.
Location: Nghi Yen Commune and Nghi Tien Commune, Nghi Loc District.
Registered capital: 770,000,000,000 VND.
Adjusted investment capital: 2,500,000,000,000 VND.
Increased capital: 1,730,000,000,000 VND.
5. Aska Food Seafood Processing Factory Project
Investor: Aska Foods Company Limited.
Location: WHA Industrial Park.
Registered capital: 1,863,000 USD.
Adjusted investment capital: 2,045,298 USD.
Additional capital: 182,289 USD.
6. Luxshare -ICT Project
Investor: Luxshare Nghe An Company Limited.
Location: VSIP Industrial Park.
Registered capital: 70,000,000 USD.
Adjusted investment capital: 140,000,000 USD.
Increased capital: 70,000,000 USD.
7. Masan MB Food Industry Center
Investor: Masan MB Company Limited.
Location: Nam Cam Industrial Park.
Registered capital: 1,380,000,000,000 VND.
Adjusted investment capital: 2,035,000,000,000 VND.
Increased capital: 655,000,000,000 VND.
8. Woosin Vina Company Limited Project (Singapore)
Investor: SPT Woosin PTE.LtD.
Location: VSIP Industrial Park.
Registered capital: 8,000,000 USD.
Adjusted investment capital: 12,000,000 USD.
Additional capital: 4,000,000 USD.