22:01, 30/03/2025

Khanh Hoa welcomes new industrial projects

Recently, a lot of  large enterprises have proposed to invest in industrial projects in the province. This will create a great driving force for the province's economic development in the coming years.

Recently, the leaders of the Provincial People's Committee received the leaders of Shinec Joint Stock Company and SSI Securities Corporation to desire to invest in an ecological industrial park (IP), a renewable energy IP in Ninh Son commune (Ninh Hoa town), with a scale of 480 hectares, with a total investment of about 5,300 billion VND and Ninh Diem 1 IP in Van Phong Economic Zone with an expected scale of 250 hectares, a total investment of about 4,000 billion VND.

Previously, the provincial People's Committee leaders also worked with representatives of the consortium of Becamex IDC (Investment and Industrial Development Joint Stock Corporation) and Vietnam - Singapore Industrial Park (VSIP) on the investment proposal. This consortium has proposed to invest in two urban and industrial projects in Dien Khanh district and Ninh Hoa town with a total investment of about VND 29,800 billion, including Ninh Xuan Industrial Park - Urban - Service Project in Ninh Xuan commune (Ninh Hoa), with an expected scale of 2,500 hectares; Dien Khanh Urban Service - Education - Logistics Project in Dien Thanh commune, with a scale of 500 hectares.

Recently, the provincial leaders attended a meeting with subcontractors of HD Hyundai Mipo Company (Korea). The conference aimed to strengthen connections and expand investment cooperation opportunities between Khanh Hoa and Korean enterprises, especially in the fields of shipbuilding and supporting industries. Representatives of Korean enterprises assess that Khanh Hoa is an ideal place for investment, with preferential policies as well as favorable conditions for transport infrastructure suitable for machinery manufacturing, mechanical engineering and shipbuilding support enterprises to set up factories.

Nguyen Tan Tuan - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee, Secretary of the Party Committee of Khanh Hoa Provincial People's Committee said that Khanh Hoa has never had so many strategic investors proposing to build industrial parks as it does today. The interest of investors in the industrial sector not only affirms Khanh Hoa's outstanding development potential, but also opens up opportunities for strong transformation for the province. However, this is also a challenge for the province when it has to carry out many tasks at the same time.

Khanh Hoa has a great opportunity to develop industry, especially when large domestic and foreign investors are showing special interest. As planned on April 2, the Provincial People's Committee will start the Doc Da Trang Industrial Park Project invested by Viglacera Yen My Industrial Park Development Joint Stock Company (Hung Yen), with an area of ​​288 hectares and a total investment of more than VND 1,807 billion. At the same time, many other industrial park projects are completing documents according to regulations.

The area is preparing to start construction of Doc Da Trang Industrial Park.
The area is for construction of Doc Da Trang Industrial Park.

Nguyen Sanh Duong - Deputy Director of the Department of Industry and Trade said that in addition to proposing to increase the area of ​​industrial land, the Provincial People's Committee is currently actively implementing solutions to support and remove difficulties for enterprises to restore production and business activities; focus on directing the acceleration of the completion of infrastructure construction projects in industrial parks; create conditions for businesses and investors to complete works and projects to soon put them into operation in Ninh Thuy Industrial Park, Doc Da Trang Industrial Park, Song Cau Industrial Cluster, Trang E 2 Industrial Cluster, Dien Tho Industrial Cluster, Ninh Xuan Industrial Cluster... At the same time, the Provincial People's Committee also is developing the strategic project "Restructuring trade and developing logistics centers to make Khanh Hoa a connecting center of the region".

As oriented, in the coming time, the province will focus on developing the industrial sector in a harmonious direction in both breadth and depth, gradually participating in the global supply chain; expanding the production scale of industries such as shipbuilding, seafood processing, processing of products from bird's nest, supporting industry, mechanics, electronics, etc. The province prioritizes the development of renewable energy, clean energy; new materials industry, precision mechanical engineering; biotechnology industry, pharmaceutical industry, research and development of vaccine production, marine medicinal materials.

Nhat Minh

Translated by T.T