Kien Giang calls for investment in IPs

The Mekong Delta province of Kien Giang has called for investments in infrastructure projects in Thanh Loc, Thuan Yen, Xeo To, Tac Cau and Kien Luong II industrial parks (IP) with a total area of 763 hectares.

kien giang calls for investment in ips hinh 0
A view of Ha Tien town (Photo: VNA)

Along with supporting works such as workers’ houses and service-trade area for Thanh Loc industrial park, Kien Giang has lured investments in potential projects in its strong areas including agro-fishery product processing and preserving, goods production, wood, electronics assembling, garment and construction production.

According to the provincial economic zone management board, local IPs are located in poor localities, thus investment projects in the parks will enjoy preferential policies, including those in land rent, tax, labour and administrative procedures.

Currently, Kien Giang is developing Thanh Loc IP in Chau Thanh district and Thuan Yen IP in Ha Tien district. So far, the parks have attracted 25 projects worth over VND6,240 billion (US$274 million) and covering over 112 hectares. Of which, seven became operational, with total revenue in 2017 reaching about VND3.8 trillion and exports hitting over US$82 million.

The board also encouraged investment projects by offering free use of infrastructure and ensuring power and water supply.

Kien Giang is strong in agro-forestry-fishery production and processing with a total output of over 740,000 tonnes per year, along with over 4 million tonnes of food per year.

The province also owns abundant labour forces with over 11 million people in working age.

Particularly, Thanh Loc IP, close to Rach Gia city and about 5km from the airport, and Thuan Yen IP, near Ha Tien town, are convenient for investors to implement their projects.

VNA

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