In recent years, the industrial zone (IZs), economic zone (EZs) in Quang Ngai in particular and in the country in general have attracted a lot of investment projects, but the attraction meets inadequacy in mechanism and policies.
Until September 2013, 150 projects in IZs, EZs put into operation, creating jobs for over 24,000 local employees and the surrounding areas. The projects invested in IZs, EZs have played a very important role in promoting the socio- economic development of the province, contributing to the great revenues for budgets of Quang Ngai province and Central, rapidly changing process of industrialization and modernization of the locality.
Total revenue of the enterprises in IZs and EZs was over USD 42 billion, increasing 16 % over the same period. The export turnover reached USD 25 billion, contributing more than 45 % of the total export turnover of the country and up 42 % compared to the same period of last year. In the first 8 months of the year, businesses in the IZs, EZs brought to the state budget revenues VND 32,689 billion (a y-o-y increase of 36%).
However, over the recent period, the investment in EZs, IZs has somewhat declined (according to evaluation BMU of Dung Quat EZ). Besides the objective causes due to the global economic crisis, there are also subjective ones of the overlapped and complex administrative procedures. That makes investors rather hesitate when investing in these EZs, IZs.
In order to improve investment in IZs, EZs, the authorities should conduct survey to advise PPC to propose Central Government to amend, supplement some Decrees, law documents and other relevant provisions to suit the current economic situation, and facilitate domestic and foreign investors when coming to Quang Ngai, Vietnam.
Tri Nguyen
Đăng ký: VietNam News
