Ba Ria - Vung Tau grants 2 new investment projects

THÀNH AN |

In February 2025, Ba Ria - Vung Tau has granted 2 new investment registered projects, of which 1 industrial park investment project has a total investment capital of VND 4,980 billion.

On March 9, the Management Board of Industrial Parks of Ba Ria - Vung Tau province said that in February 2025, it had granted 2 new investment registration projects; adjusted to increase capital for 2 domestic investment projects.

In which, the project of Neway Valve Vietnam Co., Ltd. in Dat Do I Industrial Park, with a registered investment capital of 27 million USD (about 675 billion VND), area of 4 hectares, is newly granted; the HD Industrial Park project has a registered investment capital of 4,980 billion VND, area of 450 hectares.

As for the project of the soft drink factory in Chau Duc Industrial Park of Giai Thak Wana Water Joint Stock Company, which registered to increase capital by VND100 billion (from VND120 to VND220 billion); The rolling - brewing processing factory - brewing and producing stainless steel products in Phu My II Industrial Park of OSS International Ocean Joint Stock Company registered to increase capital by VND97.89 billion (from VND118.1 to VND215.99 billion).

The total accumulated attracted capital is equivalent to about 485.07 million USD (of which foreign investment capital is 198.41 million USD, domestic capital is 7,166.53 billion VND), reaching 25.8% of the 2025 plan, down 26.36% over the same period in 2024.

According to the Provincial Industrial Park Management Board, the unit is currently implementing tasks according to the socio-economic development program, instructions of the Provincial Party Committee and the Provincial People's Committee in 2025; focusing on implementing many tasks on investment promotion, attraction; management of enterprises, environment, construction planning, etc.

In particular, developing and implementing coordination in training and labor supply in industrial parks in Ba Ria - Vung Tau; reviewing and assessing the current status of workers and laborers in industrial parks renting boarding houses and temporary houses to assess housing needs; taking the lead in connecting investors of social housing projects for workers with credit institutions to support workers and laborers in borrowing to buy social housing...

Previously, the HD Industrial Park project with a scale of 450 hectares in Hac Dich ward, Phu My city, Ba Ria - Vung Tau province was approved by the Government for investment; the goal is to build and operate technical infrastructure for the industrial park. At the same time, the investor was approved, HD Industrial Park Development Investment Joint Stock Company.

The total investment capital of the project is 4,980 billion VND, of which the investor's contributed capital is 750 billion VND. The project's operation period is 50 years from the date of approval. The project implementation progress shall not exceed 48 months from the date of land handover by the State.

THÀNH AN
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