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The procedure for adding new Industrial Zones should be compeleted soon

Land for lease in Industrial Zones (IZs) in Dong Nai has been filled up. The province is also approved by the Government to establish new Industrial Zones to promote investment attraction in the future.


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Long Thanh Hi-tech Industrial Zone is waiting for the site clearance

However, for Industrial Zones that are about to be established, there are still obstacles in investment procedures and site clearance that need to be resolved soon.

 

More advantages to develop industrial land

According to the Dong Nai Industrial Zones Authority, the number of Industrial Zones approved for planning in the province is 40 zones, with a total area of ​​18,848 hectares. In which, Bien Hoa 1 Industrial Zone with an area of ​​335ha has been taken out of the planning. When the Project on converting the function of Bien Hoa 1 Industrial Zone into an urban - commercial - service area was approved, Dong Nai still had 39 Industrial Zones, with a total area of ​​18,513 ha.

Up to now, there have been 32 Industrial Zones established with a total land area of ​​10,270.19 ha, of which 31 Industrial Zones have been put into operation, 1 Industrial Zone is in the stage of land acquisition and infrastructure construction investment (Long Thanh Hi-tech Industrial Zone) Dong Nai Industrial Zones have leased 5,938 ha, accounting for 84.43% of industrial land area (more than 7,000 ha).

In the process of Industrial Zone development, recently, Dong Nai has received the attention of investors for the construction of high-tech Industrial Zones. For example, Amata Group (Thailand) is building Long Thanh Hi-tech Industrial Zone with a total area of ​​more than 400 hectares, with an investment of more than US$280 million. The Industrial Zone has a prime location when located in the central area of ​​Long Thanh urban area and will give priority to attracting high-tech and environmentally friendly industries.

When discussing with investors who come to seek the investment opportunities in the development of Hi-Tech Industrial Zone in Dong Nai Province, Chairman of the Provincial People's Committee Cao Tien Dung said that the province welcomes and will create favorable conditions for investors coming to have investment project. Although there is no specialized high-tech park like Ho Chi Minh City, with the orientation to improve the quality of investment attraction, Dong Nai has been aiming to attract investment and form high-tech projects.

  

Completing the new Industrial Zones is an important task

In order to promote the early formation of approved IZs and promote high-tech investment attraction in Dong Nai, according to the Dong Nai Industrial Zones Authority, there are still some obstacles. Specifically, in fact, Dong Nai still does not have high-tech parks like Hanoi and Ho Chi Minh City, but is aware of the attraction of investment, so it has established Long Thanh Hi-tech Industrial Zone, which is currently in the process of land recover, in the future it is expected that there will be more new high-tech industrial zones. To promote investment, Dong Nai proposed the Government to consider having a mechanism for high-tech industrial zones to enjoy incentives such as high-tech parks to attract investment with the right characteristics of the industrial park as desired by the local as well as the investors.

Besides, currently, Industrial Zones in Dong Nai have filled over 84% of leased land. The land fund allocated for Industrial Zones development in Dong Nai is currently mainly from rubber land managed by the Vietnam Rubber Industry Group. Some industrial zone infrastructure construction projects in Dong Nai province that are applying for investment approval have encountered problems in determining how to handle rubber plantations, whether they are in the case of having to rearrange, handling of public property/auctioning of land use rights/bidding to select investors to implement the project is also a problem that slows down the process of industrial zone formation and development. Therefore, Dong Nai hopes the Vietnamese government as well as relevant ministries and branches to consider and give directions so that Dong Nai Industrial Zones can be established soon, supplementing the land fund for industrial development. 

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