According to a report by IZA, there are 8 IPs in the province approved investment policy by Prime Minister with total planned land area of about 1,800 hectares. To date, 5 IPs have come into operation including 4 IPs with 100 percent of occupancy rate (Dinh Tram, Quang Chau, Van Trung and Song Khe- Noi Hoang) and 3 others are in land clearance process.

A view at the supervision.

There are 422 investment projects in these IPs including 316 foreign direct investment (FDI) projects and the rest are domestic projects with total registered investment of some 6.7 billion USD and more than 14.2 trillion VND (610 million USD).

According to some participants at the supervision session, although the province has gained good results in investment attraction, the investment progress in infrastructure is slow. The investors just pay attention to construction of the industrial land for lease not green trees or parking lots while the quality of project appraisal is still low.

Concluding the supervision, permanent Vice Chairman of the provincial People’s Council Lam Thi Huong Thanh stressed, the IZA has well fulfilled the state management towards the IPs with proactive supervision to grasp situation of the enterprises while providing timely guidance for the enterprises to obey legal regulations on investment.

The IZA has paid attention to attracting big and experienced investors to invest in infrastructure. For the existing IPs, it is necessary to soon complete surrounding infrastructure especially traffic roads, water drainage system and green trees. Besides, the authority needs to require the infrastructure investor to arrange fund to build the service area and parking lots and green tree campus inside the IPs as well.

For the new IPs, it is essential to allocate land to build accommodations and entertainment systems for workers with a priority for service development.

She requested the IZA to collaborate with related agencies to advise the provincial People’s Committee to issue the criteria for attracting investors in accordance with the development orientation of the province, of which inviting big enterprises with high technology to the IPs. Besides, the violations must be strictly handled. Enterprises delaying project implementation or violating regulations for a long time must be revoked investment certificates.

The IPs approved investment by Prime Minister needs to follow the orientation and plan while advising the provincial People’s Committee to provide investment attraction mechanism and policies.

In addition, it is necessary to pay attention to investment period while timely extending or postponing project implementation for those facing difficulties due to objective factors and boosting the infrastructure investors to implement relating assignments.

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