Van Trung industrial park in Bac Giang province. (Photo: https:kinhtevadubao.vn) The building of criteria for investment selection is one of solutions toaddress outstanding problems and shortcoming in investment attraction, improvethe quality and efficiency of investment attraction for local IPs and clusters.
The provincial People’s Council’s inspection showed IPs and industrial clustersin Bac Giang have contributed importantly to local industrial production value,exports and Sate budget collection. They also helped create many jobs for locallabourers, formed new industries and services and stimulated economic developmentand urbanization in rural areas.
However, problems remain in attracting investment in local IPs and industrialclusters. The planning of some industrial clusters has poor quality,infrastructure of a number of IPs, particularly those formed before 2018 suchas Dinh Tram and Song Khe - Noi HoangIPs, is poor.
In many IPs, infrastructure construction is slow with investors mostly prioritizingindustrial work and neglecting greenery or parking space. Most investors havenot paid sufficient attention to workers’ housing and cultural and sportfacilities serving workers.
The technical infrastructure outside the boundary of some IPs, especiallytransport infrastructure receives little attention, thus limiting connectivityin the area. Local authorities have also failed to pay due attention to helpingIP infrastructure investors handle difficulties and problems arising in ground clearance.
In addition, local IPs have mostly attracted projects in electronic partssub-contracting, assembling, manufacturing engineering, and solar energy withmedium tech. Bac Giang has not been able to attract large-scaleforeign-invested projects with ripple effect, multi-national groups, projectswith high added value that can contribute remarkably to the local budget andsocio-economic development.
Given those problems, the provincial People’s Council has proposed manysolutions that the provincial People’s Committee, departments and agencies, andadministrations of localities in the province should undertake in the timeahead to address the problems and shortcoming in investment attraction, improvethe quality and efficiency of investment attraction for local IPs and clusters.
The provincial People’s Committee is urged to strengthen its direction in groundclearance, particularly paying compensation, in order to accelerate the pace ofIPs and industrial clusters. The committee should monitor and push infrastructureinvestors to improve infrastructure inside IPs and industrial clusters,particularly public facilities, greenery space and environmental protection.
The committee should determine the province’s key industries, and build a setof criteria to select investment projects, with priority given to industries andprojects using modern and environmentally-friendly technology.
The Department of Planning and Investment must improve the quality of projectassessment for projects in industrial clusters, and intensify inspections oflicensed projects with a view to timely removing difficulties for investors anddetecting any violations of laws and regulations. Projects with delayedprogress or violations of regulations on land, the environment and constructionmust be promptly handled.
At present, Bac Giang has eight IPs, with five set up before 2018, with totalacreage of 1,783 ha. Four IPs have beenfilled to 100% capacity, one to 85% capacity and the remaining three are in thephase of ground clearance.
As of March 31, 2022, local IPs attracted 422 investment projects, comprising 316foreign-invested and 106 domestic, with total registered capital of 7.3 billionUSD.
The province has also formed 45 industrial clusters with total area of 1,728 ha.Of them 31 have been put into operation, accommodating 223 projects./.
VNA
