On the afternoon of August 11, the People's Committee of Tay Ninh province held a ceremony to hand over the decision approving the investment policy, the investment registration certificate and the construction permit for the Binh Hoa Nam 1 Industrial Park project to Hoan Cau Long An Company Limited.
The project has a scale of more than 322 hectares, a total investment of VND 3,900 billion, and is expected to become one of the strategic highlights, contributing to promoting industrial development and attracting domestic and foreign capital. This is also one of the typical projects realizing the orientation of modern, green and sustainable urban development of the province.
Mr. Truong Thanh Liem - Head of the Tay Ninh Economic Zone Management Board said that the unit has proactively coordinated and guided investors to complete documents, ensuring progress and quality in the context of new investment procedures regulations.
Vice Chairman of Tay Ninh Provincial People's Committee Huynh Van Son said that up to now, Tay Ninh has attracted nearly 1,900 FDI projects with a total registered capital of more than 24 billion USD, along with more than 3,100 domestic projects with a total capital of about 700 trillion VND. According to the plan by 2030, with a vision to 2050, the province will have 59 industrial parks, 82 industrial clusters, along with a synchronous system of border gates and international ports.
The implementation of Binh Hoa Nam 1 Industrial Park not only expands development space to the South but also creates conditions to attract more investment capital, promoting the shift in economic structure towards industrialization - modernization. The project is expected to create a spreading effect to the fields of trade, services, transportation and human resource training.
The provincial leaders affirmed that they will accompany businesses, ensure a favorable, transparent and effective investment environment; at the same time, they requested departments, branches and localities to closely coordinate to soon complete and put the project into operation.
This is the second industrial park project to be granted an investment decision by Tay Ninh this year, after Xuyen A Industrial Park Phase 3; Previously, the province also launched the Thu Thua Industrial Park infrastructure project with a capital of nearly 3,000 billion VND.
