Expanding the potential of industrial real estate in Nghe An
In recent years, in order to increase land access opportunities for investors, Nghe An has proactively reviewed planning and supplemented land funds for industrial production.
The market is bustling
In recent years, Nghe An has been considered an attractive destination by domestic and foreign investors not only because of its increasingly synchronous infrastructure system but also thanks to its attractive investment attraction policies.
In particular, after the Government approved the investment policy of VSIP Nghe An II Industrial Park in Dien Chau district and Hoang Mai II Industrial Park with an area of 834.79 hectares, Nghe An's industrial real estate market became more and more exciting as many "eagles" came here to "nest".
In a short time, the province has continuously welcomed investors to learn about and carry out investment procedures. In Dien An commune, Dien Chau district, the Provincial People's Committee has approved the investment plan for a 700-hectare residential, resort and sports complex south of N2 road, in Dien An commune, Dien Chau district to serve the housing and resting needs of experts and workers at VSIP Nghe An II. Also in Dien Chau district, after implementing the Dien Thang industrial cluster with an area of 40 hectares in Minh Chau commune, an investor is also completing procedures to build an industrial cluster in Dien Thai commune.
In Quynh Luu district, after the district announced the call for investment in the Quynh Thuan Fishery Logistics Service Zone with an area of 35 hectares, the district issued a notice to receive documents and prepare documents to establish the Quynh My Industrial Cluster with an area of 68 hectares in the area of Quynh My and Quynh Hoa communes. Most recently, Anh Son district also issued a notice to receive documents and establish the Phuc Son Industrial Cluster, Phuc Son commune with an area of 18.03 hectares.
Similarly, in the districts of Tan Ky, Do Luong, Nghi Loc and Yen Thanh, after implementing the N5 road project extending from Hoa Son point (Do Luong) to Ho Chi Minh trail and phase 2 of N5 road from Nghi Long to Nghi Quang (Nghi Loc) to Cua Lo port, the land fund for warehouse and factory infrastructure serving the Industrial Parks also increased.
Mr. Phan Van Giap - Chairman of Tan Ky District People's Committee assessed: The extension of N5 road, connecting Hoa Son (Do Luong) to Ho Chi Minh trail in Ky Tan, Tan Ky opens up great opportunities to attract investors to develop more infrastructure for industrial parks and industrial clusters in the area. With the extension of N5 road, the district will not only have more convenience and shorten the traffic, but also forestry products and construction materials, which are strengths of the district, will be transported to Cua Lo port or industrial parks in the Southeast Economic Zone more easily and conveniently.
Strengthen management and promote efficiency
According to Appendix XIII of the plan for developing Nghe An Industrial Cluster for the period 2021-2030 issued with Decision No. 1059/2023/QD-TTg dated September 14, 2023 on the planning of Nghe An province to 2030 and vision to 2045, by 2030 Nghe An will have 37 industrial clusters in operation with an area of 1,068 hectares, after 2030 it will be 1,2056 hectares; by 2030, 19 new industrial clusters will be added with an area of 819 hectares and after 2030, 15 new industrial clusters will be added with an area of 497 hectares.
According to the planning for the period 2021-2030, Nghe An has 15 industrial parks in the Economic Zone with an area of 8,056 hectares by 2030 and increasing to 14,117 hectares after 2030; there are 8 industrial parks outside the Economic Zone with an area of 1,509 hectares by 2030 and 3,659 hectares after 2030. It is expected that after 2030, there will be 7 more industrial parks in the Economic Zone with an area of about 3,630 hectares and 6 industrial parks outside the Economic Zone with an area of about 3,550 hectares.
With the above planning roadmap, it can be said that industrial real estate for large enterprises and FDI investors has stabilized, but for small and medium enterprises, finding a place to invest is quite difficult. Currently, although the province has made public the planning and a number of industrial clusters are on the priority list for attracting investment, attracting investors to do business in industrial cluster infrastructure is facing many difficulties.
The representative of the Planning Management Department, Department of Construction recommends that after approving the master plan and investing in developing essential infrastructure, the province and localities need to allocate resources to build zoning plans and detailed plans at a scale of 1/2,000 and 1/1,000. This will help investors easily access policies and planning, reduce waiting time; avoid the situation where people abandon land but businesses cannot rent it; avoid the situation where people build works in the planning area...
In fact, since 2020, along with allocating resources to implement key projects such as N2 road, N5 road and coastal road, the Provincial People's Committee has also assigned the Departments of Construction, Natural Resources and Environment, Transport... to coordinate with relevant districts and towns to review and compare the current status with land use planning and plans to advise and develop new land use plans.
To limit the risk of increasing violations of the corridor of new infrastructure routes, the Provincial People's Committee has just issued a document requesting the People's Committees of Tan Ky, Yen Thanh, Do Luong, Nghi Loc districts, which are districts with the extended N5 road passing through; Nghi Loc, Dien Chau, Quynh Luu districts and Hoang Mai and Cua Lo towns, which are areas with coastal roads and N2 road passing through, to properly manage the planning of space on both sides of the road, not allowing people to illegally build solid structures; ensuring land use according to planning...
Currently, to develop production and business, the need to access land for factories, warehouses, and production sites is quite large. However, at the district level, there is still a situation where some businesses and investors take advantage of their names or acquaintances to finance planning and project construction to hoard land and speculate on prime locations. This is a phenomenon of "hanging fat, starving cats" when businesses with premises are left abandoned and not implemented, while businesses that really need premises do not have land and have to rent at too high a price.
In addition, localities also need to proactively arrange to increase land funds for industrial development and effectively use land resources, avoiding waste; increase support and guidance for businesses to carry out investment procedures according to regulations.
During the implementation process, it is necessary to regularly check and review; any project/investor that enjoys preferential policies but does not implement on schedule and within the prescribed land allocation deadline must be resolutely revoked and transferred to another enterprise...
