Building the Southeast Economic Zone into an economic growth engine of Nghe An

The project aims to build and developSoutheast Economic Zoneto become a dynamic, attractive and highly competitive economic development area in the North Central region, focusing on developing synchronous and modern industrial park infrastructure associated with the construction and effective exploitation of Cua Lo and Dong Hoi seaports; creating a breakthrough in attracting investment, promoting rapid economic restructuring, increasing production value, increasing budget revenue, creating many jobs and actively contributing to economic development, ensuring national defense, security, environmental protection, natural disaster prevention and climate change response.

Diagram of spatial development orientation of the Southeast Nghe An Economic Zone to 2040. Photo: Thanh Duy

Specific goalsperiod 2021-2025including: Adjusting the boundary of the Southeast Economic Zone to 80,000 hectares (including 70,000 hectares of land and 10,000 hectares of sea surface), of which the industrial park area is about 15,000 hectares, renamed Nghe An Economic Zone; Planning to develop 10 - 12 industrial parks outside the Economic Zone with a natural area of ​​about 4,500 hectares.

Investment capital for infrastructure construction in Economic Zones and Industrial Parks in the 2021 - 2025 period reached 19,912.7 billion VND, of which: Capital from the state budget is about 1,050 billion VND; capital from enterprises operating infrastructure in industrial zones and seaports is about 17,838.0 billion VND, other capital sources (ODA, PPP,...) is about 1,024.7 billion VND.

Infrastructure of the Southeast economic zone is invested synchronously. Photo: Thanh Duy

Attracting investment in 100-120 projects with total registered capital of about 75,000-90,000 billion VND, of which foreign investment capital is about 2.26 billion USD. Realized investment capital is estimated to reach over 60% of registered investment capital.

Budget revenue in the Southeast Economic Zone and industrial parks by 2025 will account for about 20-25% of the total budget revenue in the province.

By 2025, create jobs for about 80,000 - 100,000 workers.

The rate of operating industrial parks with wastewater treatment systems that meet environmental standards by 2025 will reach 100%; ensure that 100% of production facilities in economic zones are granted environmental licenses, production facilities in industrial parks treat waste (wastewater, waste) to standards before discharging into the environment, preventing complaints about environmental pollution; Meet about 25 - 30% of housing needs for workers working in economic zones and industrial parks.

Targetperiod 2026 – 2030including: Developing infrastructure for 3-5 new industrial parks, with an area of ​​about 1,800 - 2,000 hectares. Attracting investment in 130 - 150 projects with a total registered capital of about 100,000 - 120,000 billion VND, of which foreign investment capital is about 3.67 billion USD. Striving to 2030, budget revenue in the Southeast Economic Zone and industrial parks will account for about 45 - 50% of the total budget revenue in the province; creating jobs for about 150,000 - 180,000 workers.

Units and factories focus on production, ensuring safety in epidemic prevention. Photo: QA

To realize these tasks, the Provincial People's Committee has directed departments, branches, localities and units to focus on implementing well the groups of solutions, specifically: Strengthening leadership, direction, propaganda, raising awareness of construction and development of the Southeast Economic Zone; Building development mechanisms and policies; Innovating the planning of spatial development of economic zones and industrial parks.

Focus on mobilizing resources for infrastructure investment; Promote investment promotion and attraction; Improve the effectiveness and efficiency of land management and environmental protection; Develop human resources, support labor, ensure security and order, prevent fire and explosion; Arrange and perfect the organizational apparatus, reform administrative procedures.