Four operational industrial zones in Tien Giang province have a total area 1,101.47 ha, accounting for 52.86 percent of planned area for industrial park construction. The four industrial parks, namely My Tho, Tan Huong, Long Giang and Soai Rap, now house 73 investment projects, including 46 foreign-invested projects, with a total registered capital of US$1,270.174 million and VND3,986.56 billion. The industrial production and export value of industrial parks is sharply rising. As of June 2014, tenants employ 57,200 workers. In the first six months of 2014, the industrial production value of industrial parks was estimated at VND6,052 billion, up 19.94 percent year on year and equal to 43.23 percent of the full-year plan. The export turnover reached US$289.91 million in the period, up 23.36 percent against the same period of 2013 and equal to 52.71 percent of the yearly plan.
Nevertheless, the local industrial zones are still entangled in difficulties like poor planning and deployment quality, short-termed vision, lax regional and sectoral connectivity, unfocused investment, and low occupancy rate. To overcome these limitations, Tien Giang province will focus on building industrial zone infrastructure and improving the quality of infrastructure construction to better serve tenants. The province will also focus on improving the investment quality in industrial zones, and give priority to high-tech, environment-friendly industries.
Top priority for administrative reform
According to investors, the attraction of the Tien Giang province-based industrial parks comes from an open investment environment, simplified administrative procedures and shortened time for investment procedures. For example, the time for granting investment certificates has been shortened to five days, compared with 15 days specified in the Government’s Decree 108/2006/ND-CP. Now, the Tien Giang Industrial Zones Authority has recommended the Provincial People’s Committee reduce the time to three days from the receipt of valid documents.
As most FDI projects are located in industrial zones, the single-window administration at the Tien Giang Industrial Zones Authority has satisfied all investors from various countries, thanks to shortened time for settling administrative procedures, especially investment certification. Mr Cao Minh Tam, Head of the Authority, said that some projects needed only two days to be approved and these cases helped enhance the State management over industrial parks. The Authority has actively contacted and proposed competent authorities to deal with issues beyond its capacity.
He said, to speed up administrative reform in the future and generate maximum benefits for investors, the Authority will propose the Provincial People’s Committee assign it to apply the on-site single-window mechanism as specified in Decree 164/2013/ND-CP of the Government dated November 12, 2013 on amendments and supplements to a number of articles in Decree 29/2008/ND-CP on regulations on industrial parks, export processing zones and economic zones. It will also suggest the Provincial People’s Committee be more active in resolving investment procedures for tenants in industrial zones.
Thanh Tam
Đăng ký: VietNam News
