Tay Ninh lures nearly US$4 billion

The industrial parks (IPs) in the southern province of Tay Ninh have to date attracted 177 foreign direct invested (FDI) and 93 domestic projects, with a total registered capital of nearly US$4 billion as of mid-March this year.

Of them, 184 projects have officially operated, creating jobs for over 97,000 local labourers.

They also brought home US$523 million from exports, up 60% from the same period last year, which contributed VND153 billion to the state budget, a 2.8-fold increase from last year’s figure.

Among the prominent IPs are the Phuoc Dong – Boi Loi IP in Go Dau district with 23 projects, worth nearly US$2 billion in FDI and over 300 billion VND (US$13.5 million) in domestic investment.

It is followed by the Linh Trung III Industrial and Processing Zone in Trang Bang district, with US$314 million in FDI and VND1.7 trillion (US$76.5 million) in domestic investment; and the Trang Bang IP in Trang Bang district with 82 projects, worth US$221 million in FDI and nearly VND3 trillion (US$135 million) in local investment.

Local IPs have made significant investment in environmental protection technologies.

A concentrated wastewater treatment plant with a daily capacity of 2,500 cubic metres is expected to begin operations in the Trang Bang IP by the end of the first quarter this year.

Meanwhile, a system with a daily capacity of 6,000 cubic metres is under construction in the Thanh Thanh Cong IP.

The Phuoc Dong – Boi Loi IP is also constructing its third concentrated wastewater treatment facility, with a daily capacity of 4,900 cubic metres.

An expansion to a concentrated wastewater treatment system in the Cha La IP, to create an additional 2,000 cubic metres in capacity, is also underway.

As many as 3,800 hectares of land in the province has been zoned for developing industrial parks, including the Trang Bang IP, the Linh Trung III IP and Processing Zone, and the Thanh Thanh Cong IP.

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