|
The Nhon Hoi industrial park (IP) A at Nhon Hoi Economic Zone (EZ) is under development by Sai Gon-Nhon Hoi Joint Stock Company, an affiliate of Sai Gon Invest Group. The IP come as a key part of the local government’s strategy to develop Nhon Hoi EZ, bolstering provincial socio-economic growth.
Situated on the Phuong Mai peninsula, the 12,000-ha Nhon Hoi EZ is developed into an integrated multi-branch and multi-domain economic zone.The EZss performance focuses on industries of processing agricultural, forestry and aquatic products, construction materials manufacturing, seaport logistics, petro-chemistry, manufacturing electronic goods and electric materials; textiles, garments and footwear for export.
Opening door for investors
The Nhon Hoi IP A is located in a favorable geographical area with Nhon Hoi seaport complex and a road transport system in full operation.
It is also connected to the national highway No 19, helping transport goods to neighboring countries of Laos, Cambodia, and Thailand, let alone Dieu Tri Station and Phu Cat airport nearby.
Alongside these, colleges and universities located in Quy Nhon city play an important role in offering the highly-qualified manpower to businesses operating in the IP.
Sai Gon Invest Group was selected to build the infrastructure in Nhon Hoi IP A, said the company’s personnel manager Vo Dinh Long. However, we decided to set up an affiliate, Sai Gon-Nhon Hoi JSC, to ensure the quality of infrastructure construction.
The construction of IP A has been kicked off since December 2006 on an area of 630 hectares with the investment capital of over 1 trillion VND. The investor has invested more than 350 billion VND in building 300-ha infrastructure.
Despite the economic recession, over 100 billion VND has still be poured into the infrastructure construction in the first six months this year, aiming to meet the investors’ demand.
There are now 7 investors registering to invest in the IP A with the registered capital of 1 trillion VND.
The IP A also focuses on environment protection and encourages hi-tech projects, and creates jobs for local people.
Many priorities
Those who invest in the IP A will be able to benefit from the province’s top priorities and the most favorable conditions, including preferential policies on taxation.
There will be flexible policies for each investor, according to Long. Incentive policies are believed to attract many investors to pour capital into the IP A after the global economy shows its full recovery.
The Nhon Hoi IP A is expected to attract the capital of 500 million-1 billion USD and create jobs for 30-40 thousands people, contributing to the socio-economic development in the central coastal province of Binh Dinh.
| 
