Dong Nai: Attracting investment, converting existing projects towards green, sustainable growth

By 2050, Dong Nai will focus on green and circular economy as the focus of economic development, achieving the goal of “Net-zero”.

In the first 10 months of 2024, Dong Nai has attracted 5 high-tech engineering projects. Notably, the projects are all in pioneering fields such as semiconductor manufacturing, electronic components, mechanical engineering, etc.

Notable among these are the projects of FICT Vietnam Co., Ltd. in Nhon Trach 1 Industrial Park, specializing in the production of semiconductors used in electronics; the Advanced Optics project in Nhon Trach 1 Industrial Park of Coherent Vietnam Co., Ltd. specializing in the production of technical ceramic parts used in industrial products…

Dong Nai: Attracting investment, converting existing projects towards green, sustainable growth. Clip: Phong Nguyen – Trung Quang

Towards improving the quality of workers

New FDI projects attracted in 2024 will mainly be in the semiconductor, electronic components, textile, and mechanical manufacturing industries with environmental investment rates, reduced electricity and water costs, and economical use of other natural resources, thereby increasing social contribution value through tax collection per hectare of land used. 

Not only that, investment projects in Dong Nai are not allowed to be labor intensive but must improve productivity and increase the quality of workers. Investors and businesses are also required to have policies to care for and retain workers through training and skill development activities so that workers are increasingly of higher quality and can integrate into the international working environment. 

Talking to VTV Times reporter, Mr. Nguyen Huu Nguyen – Director of the Department of Planning and Investment of Dong Nai province said; “Throughout the selective investment process of Dong Nai province, Dong Nai is known as an industrial province with the early establishment of Bien Hoa 1 Industrial Park in 1963 and later developed many industrial parks. Up to now, the whole province has 34 approved industrial parks, of which 32 have come into operation, attracting many investment projects. 

In the process of attracting investment, Dong Nai province’s viewpoint is always to expand and welcome investors to learn and invest. Local leaders said that projects with high technology content, environmental friendliness, low land use, low labor use, land use ratio, per worker and per capital invested are needed. 

Besides, during the investment process in Dong Nai, the province always cares, accompanies and resolves difficulties, obstacles and problems that investors encounter so that they can implement the project most smoothly, as well as bring the highest value to the community, society, state and investors.

On that basis, Dong Nai has developed criteria and orientations for investors to refer to as well as to organize and implement investment projects in Dong Nai conveniently. Recently, the Prime Minister approved the planning of Dong Nai province 2030, vision 2050 in Decision 586 dated March 7, 2024. This decision clearly shows the province’s investment attraction viewpoint.

Encourage projects that exploit local potential and advantages. 

According to Mr. Nguyen Huu Nguyen, in the field of trade, services and tourism, Dong Nai is also in great need of investment projects in resort projects, tourism, 5-star hotels and restaurants, golf courses, projects serving people’s lives such as care and nurturing for the elderly, developing tourism under the forest canopy, sports projects around the lake, exploiting the advantages around Long Thanh International Airport, Dong Nai River… We are taking advantage of these advantages to call for investors and quality investment projects. 

“In the field of agricultural production, Dong Nai is also a locality with great advantages in agriculture. In particular, we have a large number of pigs, chickens and regional fruit products. These products need to be deeply processed and brought to the international market with the best quality brands. 

Therefore, we are calling for projects with deep processing and fine processing technology to have the best products to introduce to the world. Dong Nai is also calling for many infrastructure investment projects in the forms of PPP, BOT… such as traffic projects, waste treatment projects, especially urban wastewater treatment, domestic waste. These are the projects that we are calling on the business community to pay attention to investing in,” said Mr. Nguyen. 

According to Mr. Nguyen, with the advantage of being close to Cai Mep port, having Long Thanh airport, Phuoc An port is smaller in scale than Cai Mep port, Dong Nai has many advantages to develop all 5 modes of transport: air, sea, rail, road and waterway, so the logistics sector is also a sector that is in great need of attracting investment to serve industrial and agricultural projects… together with the locality to exploit the advantages of this land in the new era. 

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