Dien Phu Industrial Group (located in Dien Phu Commune, Dien Khanh District, Khanh Hoa Province) was expanded once.
Dien Phu Industrial Group (located in Dien Phu Commune, Dien Khanh District, Khanh Hoa Province) was expanded once. However, it hasn’t been enough for demand. To attract more investment, expanding Dien Phu Industrial Group is necessary.
Dien Phu Industrial Group started operation since 2006 with an area of 43.8 hectares and total investment of VND58.8 billion (including VND20.86 billion to clear ground). Till 2016, the industrial group drew 27 projects with total registered investment of over VND300 billion. All the projects put into operation filled 100% of the area. In end 2016, the provincial People’s Committee entrusted VCN Investment Joint Stock Company to expand the industrial group more 9.8 hectares to serve demands of secondary investors. Up to now, investors have finished levelling grounds and they are executing traffic systems and other infrastructure works. The expanded area is scheduled to be put into use in end March, 2018.
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However, according to the leadership of VCN Investment Joint Stock Company, the registered area is far more than the expanded area. Now, 7 enterprises have registered to invest in the expanded area, and many other enterprises are registering. Therefore, it’s necessary to broaden the industrial group to attract investors.
According to Dien Khanh District People’s Committee, industrial and handicraft businesses in the district are developing well and many of them have demand to expand production, but they meet difficulty in ground. Consequently, broadening Dien Phu Industrial Group will solve this difficulty as well as attract more investors.
Recently, the provincial People’s Committee has organized a meeting to listen to the report of VCN Investment Joint Stock Company about the project to continue broadening Dien Phu Industrial Group. The project is called Dien Phu Industrial Group VCN, covering an area of 9,99 hectares. The new expanded area will be for clean industries like fine art handicraft, garment, mechanics, food processing (except fishery processing) and other unpolluted industries. Total investment in this area is about VND117 billion, funded by VCN Investment Joint Stock Company.
“The provincial People’s Committee agrees with the policy to continue expanding the area of Dien Phu Industrial Group as planned. The expansion is necessary. It aims to attract more investors, and arrange factories in a scientific way”, Standing Vice-chairman of the provincial People’s Committee Tran Son Hai said.
Dinh Lam
Translated by T.T
