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South Tan Uyen IP, an attractive destination for investors

In 2013, South Tan Uyen Industrial Park (IP), which is invested by the South Tan Uyen IP Joint Stock Company, has continued effectively attracting investment and fulfilled the set targets in this field. With advantages in terms of infrastructure, human resources…, South Tan Uyen IP has become an attractive destination for investors at home and abroad… 

Pottery items being manufactured at South Tan Uyen IP

Upholding advantages, speeding up investment attraction

According to the South Tan Uyen IP Joint Stock Company, South Tan Uyen IP has continued absorbing more investment projects in 2013. The IP as of late October lured 11 land-leasing projects and 5 workshop-leasing projects.

The South Tan Uyen IP Joint Stock Company has so far drawn 11 FDI and domestic projects with 206.4 hectares of land for lease and nearly 41,000 sq.m for ready-built workshop section. Of these, the existing South Tan Uyen IP has lured 74 enterprises with 85 projects. The expanded IP has attracted 15 enterprises with 15 projects while the ready-built workshop section has absorbed 15 enterprises with 16 projects. There is also a diversification in fields invested by enterprises in the IP.

One of FDI projects invested in the South Tan Uyen IP with great capital in 2013 is the factory project of the Malaysian-invested Mostfly Vietnam Industries Co.Ltd. Under its investment certificate, Mosfly Vietnam has spent US$3.5bln on building a factory of household insecticide products with the annual capacity of 3,000 tons of products.

Representative of Mosfly Vietnam Industries Co.Ltd. said that the company decided to build its factory in the South Tan Uyen district because of the IP’s well-built infrastructure. Along with FDI projects, many domestic enterprises have made investment in the South Tan Uyen district. Anh Thy Company has so far poured VND50bln into the construction of a 8,251sq.m-factory manufacturing electrical, electronic-mechanical equipment and other metal products…

With good results in investment attraction, South Tan Uyen IP has highly been appreciated and taken the lead in the operational efficiency of Ips invested by Vietnam Rubber Corporation. To achieve this success, the South Tan Uyen IP Joint Stock Company has made efforts in infrastructure construction to promote investment attraction, contributing to the local socio-economic development.

Building up strong Party organization

Along with fruits in investment attraction, the South Tan Uyen IP Joint Stock Company has attached special importance to Party building work. The company’s Party Committee has so far reached a strong development with 35 Party members under 3 Party cells. Noticeably, it has been recognized as a pure and strong Party Committee by provincial Business Bloc’s Party Committee for many consecutive years.

Dang Quang Viet, Secretary of the Party Committee cum Deputy Head of provincial Ips Management Board said that the South Tan Uyen IP Joint Stock Company has always taken the lead in province-based Ips. In the difficult economic period, the company’s Party Committee has well realized its political tasks, contributing to helping enterprises in the IP overcome difficulties and work effectively.

Thanks to Party building work well implemented, the South Tan Uyen IP Joint Stock Company has taken fruits in investment attraction. South Tan Uyen IP has actually contributed to the robust evolution of Tan Uyen district’s industrial manufacture, promoting the province’s socio-economic development in accordance with the industrialization and modernization trend.

It is known that South Tan Uyen IP was officially put into operation in 2005 in Tan Uyen district’s Khanh Binh commune with 330.5 hectares in initial area. Till 2010, the total area of the IP was expanded by 288.5 hectares in Uyen Hung township and Hoi Nghia commune. With synchronous infrastructure plus investment attraction on smoothness, the IP over time made contributions to State budget and employment creation…

Reported by V.Giang-Translated by K.T

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