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Economics

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Absorption from Rach Bap IP

Thanks to having a favorable position plus a synchronous and modern infrastructure system, Rach Bap Industrial Park (IP) invested by An Dien Industrial Joint Stock Company under Dau Tieng Rubber One-Member Co.Ltd. has become an attractive destination for domestic and foreign investors. So far, the rate of land tenancy at the IP for the phase 1 has reached 100%. The company is preparing conditions to welcome investors for the phase 2 of the project.

Land tenancy obtaining 100%

The project of Rach Bap IP in Ben Cat town was approved in 2008 with a total area of 278.6 hectares for the phase 1. The IP has a favorable position with large streets, namely DT744, 7A connecting DT744 with national highway 13 and My Phuoc-Tan Van…The IP’s infrastructure system on traffic, power, water supply-drainage…has been perfected towards a pure and modern environment.

Production of Dai Loc Footwear Joint Stock Company at the Rach Bap IP

Thanks to having a favorable position plus a synchronous and modern infrastructure system, the IP has become an attractive destination for investors at home and abroad. According to An Dien Industrial Joint Stock Company, as of mid 2018, the IP has absorbed 77 investment projects with the land tenancy rate of 100%. The company has worked very effectively with 2017’s dividend at 20% of total chapter capital. The average income of the company’s workers in the first half of 2018 reached VND9.36million per person per month…

Further expanding the IP

After 10 years of operation, Rach Bap IP has welcomed domestic investment projects and FDI ones from China, South Korea, Japan…with a total investment capital of VND4.6trillion. Most projects focus on wood processing, footwear and mechanism, generating jobs for 8,000 laborers.

In his recent visit to An Dien Industrial Joint Stock Company, Tran Cong Kha, Deputy General Director of Vietnam Rubber Group spoke highly of achievements done by the company over the past time while stressing that the company needs to bend on building up a green IP.

Do Hoang Son, Deputy General Director of Dau Tieng Rubber One-Member Co.Ltd. cum CEO of An Dien Industrial Joint Stock Company affirmed that the company’s directorate and staff will further uphold achievements done in order to obtain sustainable development.

The company is hastening the process of making procedures for the phase 2 of the IP project with 360 hectares. The company also continues strengthening business activities; actively makes marketing on the IP for the phase 2…

Reported by Van Hai-Translated by K.T

Tags: Rach Bap

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