Under the development plan for industrial parks in Quang Nam Province in the 2021 – 2030 period, with a vision to 2050 just approved by the Prime Minister, 20 industrial parks with a total planned area of over 10,165 hectares will be developed in Quang Nam Province. Of these, 14 industrial parks have been granted investment registration certificates and investment policies by competent authorities with a total area of 3,310.67 hectares.
Meanwhile, the land allocation for industrial parks to 2025 allocated to Quang Nam Province by the Prime Minister is only 2,725 hectares, lower than the total land area of industrial park projects that have been approved in principle and granted investment registration certificates. The Government requires Quang Nam Province to arrange sufficient land area for industrial parks that have been issued investment policy documents, and then consider and resolve procedures for approving investment policies for new industrial parks. Thus, in the coming years, Quang Nam Province will not be able to invest in additional new industrial parks as per the plan approved by the Prime Minister.
Many land areas have been filled in industrial parks in Quang Nam Province.
In the face of this situation, Quang Nam Province reported to and proposed to the Prime Minister, the Ministry of Planning and Investment, and the Ministry of Natural Resources and Environment to consider agreeing in principle to allow Quang Nam Province to proactively use the land use quota for an industrial park allocated to the province by the Prime Minister to 2025 in order to balance and prioritize the land-use plan for established industrial parks, and the remaining land can be allocated to proposed new industrial parks.
“Currently, there are many obstacles in terms of land use quotas for industrial zones. The Quang Nam Provincial Planning for the period 2021 – 2030, with a vision to 2050, according to Decision No. 72 of the Prime Minister, the industrial land use target is over 10,000 hectares. The province has reported and worked with the Ministry of Planning and Investment to address this issue, seeking solutions to address the difficulties and supplement the industrial land use quota to Quang Nam province. This is the only way to attract industrial zone projects; otherwise, they will not be attracted”, said Mr. Ho Quang Buu, Vice Chairman of Quang Nam Provincial People’s Committee.
In relation to the proposal content of Quang Nam Province, recently, the Ministry of Planning and Investment proposed that the Provincial People’s Committee work with the Ministry of Natural Resources and Environment to ensure the land allocation for industrial park projects that have granted investment policy approval by competent authorities, granted investment registration certificates, and new industrial park projects in accordance with the provisions of the law on land and other relevant regulations.
Quang Nam Province faces difficulties in attracting new industrial park projects due to lack of land use quotas.
The Ministry of Planning and Investment notes that the proposal to invest in industrial park projects should consider their socio-economic efficiency, including the ability to attract investment, and technical and social infrastructure conditions for the operation of industrial parks. Industrial park project dossiers must comply with legal regulations on investment and other relevant legal regulations.
Implementing the opinion of the Ministry of Planning and Investment regarding the difficulties in terms of land use quotas for industrial parks in the province, the Quang Nam Provincial People’s Committee requested that the Management Board of Economic Zones and Industrial Parks of the province study and further discuss with relevant agencies under the Ministry of Planning and Investment on solutions that are consistent with the land use quota for Industrial Parks of the province as allocated by the Prime Minister.
To date, in Quang Nam Province, the total investment capital and business in infrastructure of industrial parks is about VND 9,487 billion, of which the total source of capital that has been invested is VND 4,280 billion. The average occupancy rate of industrial park land is about 40%. Many industrial parks in Quang Nam Province have been in operation for many years, but the occupancy rate is quite low.
In mid-March, the Quang Nam Provincial People’s Committee granted an Agreement on studying the investment location to BIN Corporation for the Nam Thang Binh Industrial Park Project, with the first phase of the project having a land area of 325 hectares and a total expected investment capital of approximately VND 7,000 billion. The project’s operation goals are to invest in construction, and business in infrastructure of Industrial Parks in the form of Ecological Industrial Parks, the production sector is environmentally friendly, using advanced technologies, and high added value.
In addition, the Quang Nam Provincial People’s Committee also unanimously agreed to permit the WHA Group to conduct research and propose an Investment Project to build and do business in the infrastructure of the Western Industrial Park, a section of the highway through Thang Binh District, with a scale of 400 hectares and a total investment capital of VND 3,500 billion.
