Commencement of Nam Thuan industrial park with investment capital of more than 5,300 billion VND
Attending the groundbreaking ceremony were former President Truong Tan Sang, former Permanent Deputy Prime Minister Truong Hoa Binh, leaders of Long An province and representatives of more than 400 businesses investing in the area.
On April 21, Dai Loc Long An Joint Stock Company started construction of the Nam Thuan Industrial Park project (Duc Hoa district, Long An).
Attending were former President Truong Tan Sang, former Permanent Deputy Prime Minister Truong Hoa Binh, leaders of Long An province and representatives of more than 400 businesses investing in the area.
Groundbreaking ceremony of Nam Thuan industrial park (Duc Hoa Dong commune, Duc Hoa district) with an area of 308ha, investment capital of about 5,300 billion VND.
According to the People’s Committee of Long An province, the groundbreaking of Nam Thuan industrial park marks the start of the locality in the process of economic recovery after the Covid-19 pandemic.
As of March 2022, the province has more than 14,000 businesses in operation, with a total capital of more than 15.5 billion USD; There are nearly 2,150 domestic projects granted investment certificates, with a total capital of over 11.5 billion USD and 1,138 FDI projects with a total capital of over 9.7 billion USD…
Nam Thuan Industrial Park Project is invested by Dai Loc Long An Joint Stock Company with a total investment of more than 5,300 billion VND. With favorable conditions in terms of location, infrastructure, etc., this is one of the projects that is considered to play an important role in attracting investment from Long An.
This place will receive various types of production such as: group of projects on electronics and telecommunications; group of projects on mechanical engineering, metallurgy; project group on weaving, dyeing and garment; group of projects on wood processing, glass, ceramics; group of food and beverage processing projects…
The project has an area of 308ha and a residential area with an area of about 99ha. Phase 1 is 49ha, investing in infrastructure; Phase 2 is 50ha, is preparing procedures for land acquisition and compensation payment.
Adjacent to the project is Hai Son industrial cluster with a total area of 261ha, which has filled up 108ha and attracted 144 investors, reaching 60%, now many businesses have come into operation and built factories.
In June 2021, Dai Loc Long An Joint Stock Company completed the legal documents to change the legal representative. Due to the outbreak of the Covid-19 pandemic and the implementation of social distancing for a long time, in November 2021, the company officially started implementing projects.
Currently, Nam Thuan Industrial Park has attracted 18 businesses with an area of about 30 hectares, with a total investment value of nearly 5,000 billion VND.
It is expected that by the end of 2022, the project will attract a total area of about 100ha, many businesses will build factories in the second quarter of 2022, and many factories will come into operation by the end of the fourth quarter of 2022.
Speaking at the groundbreaking ceremony, Chairman of Long An Provincial People’s Committee, Mr. Nguyen Van Ut said that the whole province of Long An currently has 37 industrial zones planned with a total area of nearly 13,000 hectares; in which, 16 industrial parks have now been put into operation, attracting over 1,700 investment projects, the occupancy rate is 91.7%.
The start of construction of Nam Thuan Industrial Park will make an important contribution to increasing the clean land fund to attract investment and promote socio-economic development of the locality.
Chairman of Long An Provincial People’s Committee, Mr. Nguyen Van Ut spoke at the ceremony
The Chairman of Long An Provincial People’s Committee suggested the project investor to focus on site clearance; soon complete the infrastructure to receive secondary investors. At the same time, the relevant units and localities are requested to actively support enterprises in the construction investment process; focus on implementing the project to build housing for workers to attract and retain workers; promote activities to restore and develop production and business, attract investment… From there, promote the province’s socio-economic development more and more rapidly and sustainably.
On this occasion, the People’s Committee of Long An province also awarded certificates to 4 investment projects in Xuyen A industrial park (Duc Hoa district) with a total capital of more than 5,000 billion VND.
by moitruongvadothi