The Authority of Dung Quat Economic Zone and provincial industrial parks effectively assists enterprises and investors

The Authority's Deputy Head Mr.  Dam Minh Le said that over the past time, the Authority has actively accompanied and supported businesses and investors to remove difficulties and obstacles problems in the implementation of projects, as well as production and business activities. This is recognized and appreciated by the business community and investors in the area.

"This is also a great motivation for us to continue to actively support businesses and investors in the coming time," Mr. Le said.

From the beginning of 2022 up to now, the Authority  has consulted the appraisal of relevant departments, branches and localities on adjusting the project of Hoa Phat Dung Quat Iron and Steel Production Complex, increasing the capacity from 4 to 6 million tons/year, increasing investment capital from 60 to 86 trillion VND.

At the same time, it also works with investors on adjusting raw water supply project of Hoa Phat Dung Quat Iron and Steel Production Complex; guides Hoang Thinh Dat Joint Stock Company to urgently build infrastructure and attract secondary investors to Dung Quat Urban - Industrial Park.

It reviews and classify projects behind schedule and assumes the prime responsibility for, and coordinate with departments, branches and localities in working and inspecting at the project site to urge and support investors in project implementation, soon put into production and business activities.

It also proposes handling measures for projects that do not comply with commitments.

In addition, the Authority also coordinated with the Department of Labour, Invalids and Social Affairs to organize job exchange floors in Binh Son, Ba To and Duc Pho districts; coordinate with relevant agencies and units to respond to recommendations and remove difficulties and obstacles of enterprises due to the impact of the Covid-19 epidemic; issue 11 sets of certificates of origin, form D, worth nearly 205,000 USD...

Efforts to promote and attract investment

In the first 6 months of 2022, the value of industrial production and services in Dung Quat EZ and provincial industrial zones reached VND 116.6 trillion, up 31.1% over the same period in 2021, reaching 63.2 % of annual plan.

Export turnover is US$1,120 million, up 86.7% over the same period in 2021, reaching 86.1% of the year plan.

The sites created new jobs for 6,000 workers, reaching 100% of the 2022 plan. Accumulated up to now, Dung Quat EZ and provincial industrial zones have created jobs for about 69 thousand workers.

The Authority has actively implemented the Investment Promotion Program in 2022 of the Provincial People's Committee. Prepare documents for investment promotion; welcome and work with domestic and foreign investors to learn and survey investment in Dung Quat EZ and provincial industrial zones.

In addition, the Authority has also developed and implemented a program to support the connection of consumption of products and services between enterprises in Dung Quat EZ and provincial industrial zones.

The Authority goal is to: Support and connect to form a symbiotic production chain, supply and consume products between enterprises for mutual development; create conditions for businesses to have the opportunity to meet, connect and cooperate in the process of production, supply and consumption of goods and services...

Thereby, it contributes to building enterprises in Dung EZ Quat and provincial industrial zones are growing stronger and stronger, contributing to the socio-economic development of the province.

From the beginning of 2022 up to now, the Authority has granted investment registration certificates / investment policy decisions for 3 projects, with a total registered investment capital of over 1,420 billion VND (nearly 62 million USD).

It also adjusted investment registration certificate/decision on investment policy for 16 projects (in which, adjusted to increase capital for 4 projects with a total increase of nearly 520 billion VND).

Accumulated up to now, Dung Quat EZ and provincial industrial parks have attracted 349 valid investment projects, with a total registered investment capital of nearly 377 trillion dong.

In which, there are 54 foreign investment projects (US$1,766 billion) and 295 domestic investment projects (over VND 337 trillion).

Source: QNDT, summarized by M.H