Promoting auxiliary industrial compounds towards professionalization will facilitate Binh Duong province’s sustainable industrial development.
Major premise
The province has given priority to absorbing enterprises making products in the local list of priority auxiliary products. Mai Hung Dung, member of provincial Party Standing Committee, Permanent Vice-Chairman of provincial People’s Committee said that the province has attached special importance to promoting auxiliary industries, soon fulfilled the planning for specialized areas on materials for production. In the coming time, the province will further facilitate the development of projects in terms of auxiliary industries…
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Auxiliary industrial manufacture at CNC Company in the Dong An industrial park in Thuan An city
Noticeably, the province’s land fund for industrial development in general and auxiliary industries in particular is very great. The province is now home to 7 industrial production areas with around 20,000 hectares in total. In addition, the province has restricted investment attraction for industrial manufacture outside industrial parks and compounds.
Although reaching development, the province’s auxiliary industries have not met needs of exporters, FDI enterprises yet to be able to form up a supply chain, increasing the rate of localization for industrial products. Hence, developing auxiliary industrial compounds in order to promote more sustainable industrial development is an urgent need of the province.
Dr.Duong Nhu Hung, Head of the Industrial Management Faculty under HCM city Polytechnic University said that the development of industrial compounds to lure enterprises in auxiliary industries is appropriate in comparison with the development of auxiliary industrial parks…
Developing specialized industrial compounds
According to Dr.Hung, developing specialized auxiliary industrial compounds is very effective. This will also help domestic industrial products meet severe regulations from free trade agreements (FTAs) about the rate of localization for export products in order to enjoy preferential tax policies, contributing to improving the competitive capacity of the local industrial products.
For better development, enterprises in auxiliary industries need to get support from sectors, authorities at all levels. Dao Minh Ngoc, Director of Phuong Vy Company in Thuan An city said that fostering specialized industrial compounds will help enterprises gain more deeper development in production by logical investment in terms of technologies. This is also one of solutions to remove technical barriers from countries taking part in the FTAs with Vietnam. In addition, the province needs to consider and create favorable conditions for enterprises in land tax, human resource training, sci-tech research and transfer in production…
Nguyen Thanh Ha, Deputy Director of provincial Department of Industry and Trade (DoIT) said that provincial DoIT has made efforts in implementing a project on development of auxiliary industrial compounds. Based on scientific foundations plus realities on fostering auxiliary industrial compounds for the local industrial manufacture by a research group of the project, provincial DoIT will advice provincial People’s Committee on forming up auxiliary industrial compounds, arranging enterprises making auxiliary products, facilitating the linkage between them. Auxiliary industrial products are for 6 industries: garment-textile, footwear, electronics, automobile assembly, mechanism and hi-tech industry.
Reported by Khai Anh-Translated by K.T
