Binh Duong allocates 1,300ha of land for relocating thousands of factories away from residential areas

The relocation plan for factories outside residential areas to industrial zones in Binh Duong will be implemented from 2024 to 2030, with the goal of relocating around 2,900 businesses and factories.

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An industrial park in Binh Duong. (Photo: Vu Sinh/TTXVN)

On March 5, Vo Van Minh, Chairman of the People’s Committee of Binh Duong Province, worked with specialized agencies to implement solutions for relocating thousands of factories outside residential areas in the South to industrial clusters in the North of the province.

Regarding specific solutions, the province has chosen Cay Truong Industrial Park in Bau Bang district and other industrial clusters in Dau Tieng district with a total area of 1,300ha to arrange the relocation of factories. The province has established specialized industrial clusters to serve the relocation of ceramic factories, wood furniture factories, and more.

At the same time, the province also supplements an additional 5% of land area in existing concentrated industrial zones to meet the needs of other factories that want to operate.

The specialized agencies have proposed various new preferential policies to provide incentives and expedite the support campaign for businesses in carrying out the relocation and conversion of functions. Specific policies include land use conversion policies, appropriate land use in accordance with the provincial planning; policies on debts, extension of time for land use conversion payment; support for investment loan interest for new production facilities; support for fees and administrative procedures.

The policy of supporting the rental of land and workshops at new locations for relocated businesses contributes to creating motivation for relocation. This policy will be implemented through the selection of investors and various rental price incentives for industrial zones and clusters for business relocation.

Ngo Thanh Toan, Director of the Department of Industry and Trade of Binh Duong Province, stated that the province will provide favorable investment for infrastructure projects in industrial clusters. For example, investment in business infrastructure of industrial clusters is exempt from land rental fees for 11 years, considered for credit investment loans from the State with a maximum of 70% of the total investment, and, eligible to enjoy other incentives as regulated by law. In the case of multiple incentives, the highest incentive will be applied.

Vo Van Minh, Chairman of the People’s Committee of Binh Duong Province, stated that to carry out the relocation of factories, the province is proposing that about 70% of factories that are subject to relocation can inherit land parcels from the old factories after relocation; thereby prioritizing businesses that convert the land use purpose for commercial-service and urban areas; the remaining 30% are expected to be reclaimed for public works and social housing development.

However, the province noted that the conversion of land to the service-urban sector must be in accordance with the master plan.

According to the People’s Committee of Binh Duong Province, the relocation program for factories in the Southern region is a major policy. The reason is that these factories do not meet the requirements for environmental protection, fire prevention, and other requirements. The relocation is also aimed at converting land funds to new development spaces for service development models, urban renovation, social housing development, and more.

The implementation plan for relocating factories from residential areas to industrial zones in Binh Duong Province will be implemented from 2024 to 2030, with the goal of relocating about 2,900 enterprises and factories out of residential areas.

The relocated facilities are mainly concentrated in the southern cities of the province, including Thuan An City, Di An City, Tan Uyen City, and Thu Dau Mot City./.

Duong Chi Tuong

SOURCEvietstock
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