Key Long An industrial zone open
VIETNAMESE Prime Minister Nguyen Xuan Phuc on March 21 attended the inaugural ceremony of the Phuoc Dong Industrial Park and Port in the Mekong Delta province of Long An.
The industrial zone is located in the Southern Key Economic Region and is expected to serve as a magnet to lure investors.
Speaking at the ceremony, Phuc hailed Long An province’s efforts to develop industrial parks to create impetus for local socio-economic development, with gross regional domestic product (GRDP) registering an average annual growth of 9.16 per cent during 2016-2020.
He stressed the important role of businesses in national economic development and job generation, asking the local authorities to continue support for the investors, help them remove bottlenecks in their businesses, and work to further improve the investment climate with more effective measures in place.
He also ordered the province to promote its potential, and sharpen focus on branching out key industries, high-tech industry, supporting industry and logistics so as to improve local livelihoods.
“It is necessary to upgrade transport infrastructure, enhance regional linkages with Ho Chi Minh City and other southern localities,” he said, adding that local socio-economic development must go with environmental protection.
Phuc emphasised the need to pen a long-term development
plan which will enable Long An to make significant contributions to the economy.
Phuoc Dong Industrial Park and Port is 39km from Tan Son Nhat Airport, 19km from Long An International Port and 42km from Cat Lai Port.
It spans an area of 128.8ha, of which 92.39ha are industrial land with ready-built factories and warehouses.
The port system will be developed to welcome cargo ships with a capacity of 20,000 deadweight tonnage in the future.
Also on March 21, Phuc hosted Consul Generals of the US, South Korea and India in Ho Chi Minh City, and leaders of multinationals GS Energy and Alibaba who are investing in Long An province.
He hailed the interest of the
US, South Korean and Indian diplomatic organisations in promoting foreign investment in Vietnam, especially when the global economy is facing formidable challenges caused by the Covid-19 pandemic.
He said the Vietnamese Government would persistently follow its dual goals of containing the pandemic and boosting economic development, and spare no efforts to better investment and business environment, creating favourable conditions for foreign firms to land investment in the country.
The diplomatic representatives said as more US, South Korean and Indian firms had showed their interest in investing in Vietnam, they would come to seek cooperation opportunities after international commercial
flights are resumed.
They thanked the Vietnamese government and competent authorities for facilitating conditions for them to proceed investment in Long An province, and expressed their wish to engage further in production and investment activities in Vietnam.
Long An is situated in an advantageous location in the SouthernKeyEconomicRegion, serving as a bridge between Ho Chi Minh City and the Mekong Delta’s 12 provinces and one city, as well as Cambodia.
It borders Prey Veng province’s Kampong Trabek district and Svay Rieng province’s Svay Chrum, Kampong Ro and Chantrea districts and Bavet town in the Kingdom.