Promoting investment attraction in Trang E

Khanh Hoa Province People's Committee is pushing attracting investment in Trang E industrial parks, Cam Lam district, thereby creating momentum for the province's industrial sector to develop more strongly in the coming time.

According to Khatoco Real Estate Investment and Trading Limited Company (investor of Trang E industrial parks), by the end of September 2024, at Trang E Industrial Park 1 (35ha), the centralized wastewater treatment plant has been completed; technical infrastructure items have also been invested and basically completed; the sidewalk item of phase 2 (the remaining part) is expected to be completed in October. Currently, only the booster pump station item invested by Khanh Hoa Water Supply and Sewerage Joint Stock Company has not been implemented.

For Trang E 2 Industrial Park (44.6ha), the project has been appraised and approved by competent agencies and units for the design and estimate documents of technical infrastructure items (leveling, traffic, rainwater drainage, wastewater drainage, drainage ditches, etc.). On the area of 18.6ha (leased by the Provincial People's Committee in the first phase), Cam Lam District People's Committee has granted a construction permit for phase 1 (including leveling, traffic, rainwater drainage, wastewater drainage, drainage ditches) and the company has implemented the construction according to the set schedule.

Production of Khanh Viet Corporation at Trang E 1 Industrial Park.

Regarding investment attraction, up to now, 100% of the commercial land of Trang E 1 Industrial Park has been leased and granted land use right certificates to secondary investors. In addition, there are 4 investors registered to lease land at Trang E 2 Industrial Park.

The issue of industrial development is identified by the Provincial People's Committee as key to promoting the province's economic growth. In addition, in the period of 2020 - 2025 and the following periods, industry is identified as a pillar sector in the economic structure with an increasingly high proportion. During the past time, industry has always had the highest growth rate among the province's economic sectors, but that growth mainly came from the operation of the Van Phong 1 BOT Thermal Power Plant. Attracting investment in industry is extremely necessary. The Provincial People's Committee and departments and branches pay more attention to attracting investment in Trang E industrial parks.

Representatives of provincial departments and branches also identified that facilitating industrial parks to attract investment is extremely necessary. In the coming time, procedures on land, construction and investment need to be resolved quickly; some procedures need to be facilitated for investors to proceed in parallel.

Electricity and water supply units also committed to ensuring sufficient electricity and water supply for the operation of industrial parks. When secondary investors build factories, the units also invest in accompanying works to improve the capacity to supply electricity and water for the operation of industrial parks.

According to Mr. Le Huu Hoang - Permanent Vice Chairman of the Provincial People's Committee, the Provincial People's Committee highly appreciates the efforts of the investor in filling 100% of the leased land area at Trang E 1 Industrial Park; this is the driving force for industrial development in the coming time. For Trang E 2 Industrial Park, the Provincial People's Committee requests the investor to continue implementing the items according to the plan; both implementing the technical items and completing the site clearance but must increase investment attraction to this industrial park. Cam Lam District People's Committee will soon complete the site clearance; the Department of Natural Resources and Environment, the Department of Industry and Trade, the Department of Construction and the Department of Transport will support the investor so that Trang E 2 Industrial Park will soon complete the technical infrastructure, attracting secondary investors to lease land for construction and operation.

Dinh Lam

Translated by T.T