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Tuesday, 9-6-26 06:56:13

Economics

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South Tan Uyen IP, an attractive destination for investors

 

A glance of the South Tan Uyen Industrial Park

After five year-operation, the South Tan Uyen Industrial Park (IP), invested by the South Tan Uyen IP Joint Stock Co. with 330.5 ha in total, has become a reliable address for investors at home and abroad.

 

Infrastructure under synchronous development

 

So far, the South Tan Uyen IP’s technical infrastructure facilities have basically fulfilled and well served investors. The IP has also gave incentives to industries in terms of food, customer goods, electricity-electronics, transport devices…

 

Thanks to the above advantages, the South Tan Uyen district has absorbed 73 FDI and domestic projects with a total investment capital of VND1.237trillion and US$251mln. There have been 167 ha of land herein hired by investors, or nearly 83% of total commercial land.

 

Businesses satisfactory

 

Tran Anh Tuan, Director of the Sales Department of Green Viet Environment Co. was very satisfactory about the South Tan Uyen district’s geography, facilitating his company’s development. Meanwhile, Chau Po Tinh, Director of Shino Co.Ltd. said: “We have enjoyed many advantages when making investment in the IP. We, therefore, are making a plan to expand production herein with a total investment capital reaching US$7.7mln.

 

Shannon Masrin, Director of Lautan Luas Vietnam Co.Ltd. under Singapore’s Lautan Luas Group said: “This year, we will inaugurate a factory specialized in manufacturing various chemicals in the South Tan Uyen IP. Covering 4ha, the factory has a total investment capital for the first phase of US$12mln. It can generate 30,000 tons of waste water treatment chemicals per year, 5,000 tons of supportive chemicals for garment-textile industry and 5,000 tons of additives. After fulfilling the first phase, the factory will work out the second phase, bringing its total area to 9ha and total capital to US$20mln.

 

Making favorable conditions for businesses to effectively work is the top objective of the South Tan Uyen Industrial Park Joint Stock Co. Together with the well-built infrastructure, the company now pays attention to providing accommodations for workers, helping businesses enjoy a stable workforce for better development. Company General Director Le Xuan Hoe said that the company has allocated a land fund that is very great for building tenement houses for workers. Particularly, the company will use 5 ha in the 50ha-residential estate project near the IP to build tenement houses for workers…

 

Reported by Trong Minh-Translated by K.T

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