On October 10, the Management Board of Industrial Parks in Ba Ria - Vung Tau province said that the province has 4 out of 14 operating industrial parks (IPs) with an occupancy rate of 100%.
Industrial parks with this occupancy rate include: Phu My I Industrial Park (695ha of industrial land area), My Xuan A Industrial Park (228ha), My Xuan A2 Industrial Park (267ha) all located in Phu My town; and Da Bac Industrial Park (186.6ha) located in Chau Duc district.
Some other industrial parks also have quite high occupancy rates, such as Dong Xuyen Industrial Park (99.31%); My Xuan B1 - Conac Industrial Park (97.57%); My Xuan B1 - Tien Hung Industrial Park (80%)... Besides, there are also newly put into operation industrial parks with an occupancy rate of 0% such as Long Son Industrial Park.
At the beginning of 2024, the occupancy rate of industrial parks in the area was only 66.63% out of a total of 13 industrial parks with completed infrastructure construction. Up to now, this figure is 67.65% out of a total of 14 industrial parks, although in some places the occupancy rate is only 0%.
By the end of September 2024, the Industrial Park Management Board had newly issued Investment Registration Certificates for 41 projects with a total registered capital equivalent to 2.357 billion USD. Of which, 32 FDI projects with a total registered investment capital of 1.674 billion USD; domestic investment: 9 projects with a total registered investment capital of 16,483 billion VND.
In addition, there were 21 projects with increased capital, including 7 domestic projects with an increase of 12,545 billion VND; 14 FDI projects with an increase of 232.44 million USD. At the same time, there were 4 projects with reduced capital, including 3 domestic projects with a decrease of 178.61 billion VND and 1 FDI project with a decrease of 0.93 million USD.
With its natural and social advantages, along with a strongly invested inter-regional transport system, Ba Ria - Vung Tau continues to attract many large-scale investors in many fields, including many large projects in industrial parks.
According to Mr. Nguyen Cong Vinh - Vice Chairman of the People's Committee of Ba Ria - Vung Tau province, in the coming time, the industrial - logistics driving force in Ba Ria - Vung Tau will develop along the Bien Hoa - Vung Tau expressway and Ho Chi Minh City Ring Road 4.
However, despite the great potential for development, the province's consistent policy is not to be too hasty in increasing the occupancy rate of industrial parks, but to focus on attracting projects with high technology content, bringing high value, while protecting the environment to firmly pursue the goal of green and sustainable development.
