Along with the attention and support of the province plus the flexibility of the local leaders, Ben Cat town’s economy has reached vigorous development with the birth of large-scale industrial parks (Ips), opening up new opportunities for the local breakthrough.
Over the past time, Ben Cat town’s industrialization and modernization speed occurred very fast, making great contributions to the local investment attraction. Ta Canh Phung, Director of Kaiser Furniture Industry
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This is a production line of Orion Food Co.Ltd. in Ben Cat town
Whilst, Dao Ngoc Huy, Director of Eastern Bibica Co. at Ben Cat town-based My Phuoc 1 IP said that the company decided to select the town for investment because of having well-built infrastructure at its requirements…
Under the province’s overall development strategy, the town has focused on promoting Ips, which is seen as the foundation for the local breakthrough. Town-based Ips are connected through main streets, namely Highway 13,
The town has also paid more attention to administrative reform, quickly dealing with cases asking for investment places in order to soon implement investment projects.
Bui Duy Hien, Secretary of Ben Cat town’s Party Committee, Chairman of the town’s People’s Committee said that the town together with investors, namely Becamex IDC, 3-2 Construction Investment Joint Stock Co., Dau Tieng Rubber One-Member Co.Ltd.,…have planned to further have cooperation in promoting the local investment. The town has also attached special importance to setting a plan taking synchronous solutions to improve the local investment climate and advocate enterprises with concrete contents, including helping remove enterprises’ obstacles, carrying out preferential policies for enterprises…With the above-mentioned efforts, the town has continued absorbing more enterprises in industrial manufacture, creating a motivation for the local socio-economic development.
The town is now home to 8 Ips with 4,030 hectares, 1 concentrated production area in Tan Dinh ward with 47.7 hectares. So far, town-based Ips have fully been covered by investors, generating jobs for around 160,000 laborers.
In 2018, the town’s industrial production value gained more than VND91.9trillion, up 17.2% compared to 2017. The town also absorbed 582 investment projects, comprising of 535 domestic investment projects and 47 FDI ones. The town has lured 4,065 investment projects, including 3,350 domestic investment projects capitalized VND38.35trillion and 715 FDI ones with US$7.47billion…
Reported by K.T-Translated by Thoai Phuong
