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Enterprises rise to meet the province's investment attraction criteria

In the first 9 months of 2023, industrial parks in the province have attracted over 936 million USD of registered FDI investment capital, exceeding the 2023 plan by over 33%. Domestic investment capital reached over 2.3 trillion VND, exceeding 16.6% of the 2023 plan.

(News Portal – Dong Nai) - Projects are not in the list of industries that can cause environmental pollution, not labor-intensive industries, capable of operating with advanced technology... are criteria that projects have to meet before being invested in Dong Nai province in the past 9 months. 

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Producing thermos bottles at the Tiger Vietnam Co., Ltd's factory(AMATA Industrial Park) 

In addition, in just 9 months, Dong Nai province has attracted investment projects exceeding the 2023 plan target, with nearly 160 new investment projects and capital increase projects. These projects are in the fields of component manufacturing, mechanical engineering, food, energy...

Advanced technology leads to higher quality

Among the new investment projects and increased registered investment capital from enterprises, there are 23 new projects in the supporting industry of high-tech nature, meeting the criteria set by the province when considering for approval, such as: no causing environmental pollution, advanced technology and not labor intensive. 

Distinguished itself among them is the Ziehl-Abegg Vietnam Factory project, belonging to Boustead Projects Land Company Limited (Ziehl-Abegg Vietnam, Germany) with an investment capital of 20 million USD, in Nhon Trach II Industrial Zone - Nhon Phu, manufacturing products related to ventilation systems; Kingfa Science & Technology Vietnam Co., Ltd. project (China) with investment capital of 80 million USD, in Long Thanh High-tech Industrial Park. Cargill Group (USA) inaugurated Cargill's second factory with Asia's most modern technology in Giang Dien Industrial Park, replacing the old factory operating in Bien Hoa II Industrial Park...

Mr. Joachim Ley, representative of Ziehl-Abegg Vietnam, says that with the investment in additional manufacturing plants, Ziehl-Abegg Vietnam will be able meet the increasing needs and requirements of customers globally. He also affirms that Ziehl-Abegg Vietnam operates not only for business purposes but also to address social responsibility issues, which is a solid part of the company's philosophy and daily task of Ziehl-Abegg Vietnam. To date, Ziehl-Abegg Vietnam has supported kindergartens, schools and universities by providing human resources and equipment. In addition, Ziehl-Abegg Vietnam commits to the creation of a good working environment and conditions for employees, using natural resources sustainably and effectively.

Mr. Scott Ainslie, General Director of the animal nutrition division in Southeast Asia of Cargill Group, says that Cargill's most modern factory in Asia has just been inaugurated in Giang Dien Industrial Park, showing that Cargill always pays close attention to environmental friendliness and sustainable development in production, this is also a key topic for Cargill globally. Cargill has a long-term strategy on how Cargill production facilities can operate more energy efficiently, reduce carbon waste, and ensure an increasingly environmentally friendly production process. Therefore, when building factories, Cargill aims to follow environmental friendly business and production strategies.

Creating a favorable investment environment

At the Prime Minister's recent Conference with the FDI business community with the theme of Companion and Development, Prime Minister Pham Minh Chinh emphasized the revenue orientation. Attracting investment in Vietnam in the coming time will continue to create favorable conditions and build a safe, transparent and highly competitive business and investment environment for the business community and investors, where FDI investors can feel secure in making long-term investments in Vietnam. The country advocates attracting and selective investment cooperation, taking quality, efficiency, technology and environmental protection as the main evaluation criteria; Vietnam also commits to create the best business environment towards OECD standards (economic cooperation and development).

In Dong Nai province, according to general assessments from newly invested and operating businesses in the province recently, the investment environment that Dong Nai has created for businesses is quite open, procedures are fast and supportive, policies related to operations, taxes, environmental regulations, labor use... are promptly explain.

Vice Chairwoman of the Provincial People's Committee Nguyen Thi Hoang says that investment projects in Dong Nai in recent times have contributed to increasing the competitiveness of the real estate business market in Dong Nai industrial parks, meeting the needs of investors who are looking for unoccupied lands to carry out production projects since the province's current available industrial land bank for rent is quite limited. Dong Nai always strives to create an open, safe and transparent investment environment, providing maximum support for the development of businesses and viewing the development of businesses as local success. Recent projects have met the province's investment attraction goals, such as: applying advanced technology, having quite high investment capital...

The Vice Chairwoman affirms that Dong Nai province continues to welcome businesses to invest in Dong Nai, but in the spirit of being selective, businesses must meet the criteria set by Dong Nai. During project implementation, investors focus on environmental protection, improving the material and spiritual life of the company's employees; factory rental business units need to accompany customers in fully complying with legal regulations, especially focusing on environmental protection and work with local authorities towards sustainable green industry development.

Author: Nam Huu

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