So far, North Tan Uyen district’s traffic system has got synchronous connection with Tan Uyen town and Phu Giao district, facilitating enterprises’ development.
New destination for investors
Dat Cuoc industrial park (IP) in North Tan Uyen district has till now absorbed 62 investment projects, including 40 FDI ones. Whilst, Tan Binh IP has lured 45 investment projects with the rate of land tenancy reaching nearly 80%. Most projects herein focus on woodwork processing, farm produce processing, mechanism…Tan Uyen urban-industrial park is home to 39 investment projects with the rate of land tenancy at 100%. Tan My industrial compound is also welcoming investors.
Covering 553 hectares, KSB IP comprises of the area A and the area B. The IP is situated in the southern key economic quadrilateral zone, including HCM city, Binh Duong, Ba Ria-Vung Tau and Dong Nai. It is around 50km and 30km from HCM city and TDM city, respectively. Currently, its phase 1 is fully covered by investors. Meanwhile, Tan Lap IP is under construction.
Possibly seeing, North Tan Uyen district is well preparing all aspects to welcome investors. Representative of Peng Run Furniture Co.Ltd. said that the district’s traffic infrastructure system has reached connection with Highway 13, districts and towns in the province. Along with this, the district now has an abundant on-site workforce plus large land fund for industrial development. All are good conditions for the district to be able to attract more investors.
The district’s inter-commune and hamlet roads have been covered by asphalt or concrete, facilitating people’s traveling and goods transportation. The district has also received more investment from the province for key works connecting with localities in the region, namely DT741 street, DH411 street, DT747 street…
Selectively absorbing investment projects
According to North Tan Uyen district’s People’s Committee, the district over the past nine months granted 62 business registration certifications with total capital of nearly VND575billion, 16 investment licenses with total capital of 733billion to organizations and individuals. District-based Ips also lured additional 14 investment projects. So far, the district has had a total of 531 enterprises granted licenses with total capital of more than VND 9.1trillion.
The district has given priority to absorbing investment projects in farm produce processing, tourism, finance-banking…The district has also called for enterprises to make investment in auxiliary-mechanic industries and hi-tech agriculture…
It is known that the district’s economic structure is shifting positively with industrial manufacture, trade-services keeping a major role in the local development strategy. It is hoped that the district’s strong industrial development will create a motivation for the local sector of trade-services, contributing to improving the lives of locals.
Reported by Xuan Vi-Translated by K.T
