Business

Tay Ninh lures nearly 4 billion USD

The industrial parks (IPs) in the southern province of Tay Ninh have to date attracted 177 foreign direct invested (FDI) and 93 domestic projects, with a total registered capital of nearly 4 billion U
Tay Ninh lures nearly 4 billion USD ảnh 1Workers are working at a FDI company in Trang Bang Industrial Park in Tay Ninh province. (Photo: tayninh.gov.vn)

Tay Ninh (VNA) – The industrial parks (IPs) in the southern province of Tay Ninh have to date attracted 177 foreign direct invested (FDI) and 93 domestic projects, with a total registered capital of nearly 4 billion USD as of mid-March this year.

Of them, 184 projects have officially operated, creating jobs for over 97,000 local labourers.

They also brought home 523 million USD from exports, up 60 percent from the same period last year, which contributed 153 billion VND to the state budget, a 2.8-fold increase from last year’s figure.

Among the prominent IPs are the Phuoc Dong – Boi Loi IP in Go Dau district with 23 projects, worth nearly 2 billion USD in FDI and over 300 billion VND (13.5 million USD) in domestic investment.

It is followed by the Linh Trung III Industrial and Processing Zone in Trang Bang district, with 314 million USD in FDI and 1.7 trillion VND (76.5 million USD) in domestic investment; and the Trang Bang IP in Trang Bang district with 82 projects, worth 221 million USD in FDI and nearly 3 trillion VND (135 million USD) in local investment.

Local IPs have made significant investment in environmental protection technologies.

A concentrated wastewater treatment plant with a daily capacity of 2,500 cubic metres is expected to begin operations in the Trang Bang IP by the end of the first quarter this year.

Meanwhile, a system with a daily capacity of 6,000 cubic metres is under construction in the Thanh Thanh Cong IP.

The Phuoc Dong – Boi Loi IP is also constructing its third concentrated wastewater treatment facility, with a daily capacity of 4,900 cubic metres.

An expansion to a concentrated wastewater treatment system in the Cha La IP, to create an additional 2,000 cubic metres in capacity, is also underway.

As many as 3,800 hectares of land in the province has been zoned for developing industrial parks, including the Trang Bang IP, the Linh Trung III IP and Processing Zone, and the Thanh Thanh Cong IP.-VNA

VNA
#Tay Ninh #industrial parks #investment #FDI #2016 Tay Ninh
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