The Tran De Industrial Park project, located in Tran De town, Tran De district, Soc Trang province, was approved by the Prime Minister in June 2020. The project has a land area of 160 hectares and is being developed by Ha Thanh Concrete Joint Stock Company with a total investment of over VND 1,230 billion. The investor’s equity is over VND 246 billion, and the commercial loan capital is over VND 984 billion. The project was inaugurated in 2022 and is expected to be completed within 3 years from the land handover.
According to the environmental permit proposal report published in June 2024, the Tran De Industrial Park was approved for its environmental impact assessment in July 2019. The initial investment schedule planned for completion on an area of 160 hectares and to be operational by December 2021, alongside the investment attraction process. However, this process was significantly impacted by the COVID-19 pandemic, which caused delays in infrastructure development and investment procedures for secondary investors.
In the years 2022-2023, investment attraction into the industrial park was slow, and the progress of secondary projects was also greatly affected by the pandemic. As a result, the infrastructure management unit was unable to conduct trial operations of the infrastructure works as planned.
Progress of the Tran De Industrial Park project in February 2023. Photo: TV
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Perspective of the Tran De Industrial Park project.
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In mid-June, the leaders of Soc Trang province held a meeting to address difficulties and obstacles related to the investment project for the construction and business of Tran De Industrial Park. As of May 2024, the invested capital reached approximately VND 800 billion, accounting for 65% of the registered capital.
The construction progress of road infrastructure, rainwater drainage system, water supply treatment plant, and fire protection system reached about 80%. Meanwhile, the progress of electrical lighting and medium-voltage power supply infrastructure construction reached about 50%.
According to the investor, the project is currently delayed due to challenges and obstacles encountered during the implementation process, including issues related to land use certificates and rice land protection fees, the environmental permit for the industrial park and the concentrated wastewater treatment plant, procedures for inland waterway ports, and confirmation of dredged material disposal sites. The investor has requested the People’s Committee of Soc Trang province to consider and resolve these issues.
Mr. Tran Van Lau, Chairman of the People’s Committee of Soc Trang province, acknowledged that the Tran De Industrial Park project has been prolonged, impacting the local socio-economic development. He urged the provincial departments and sectors to promptly review and study the legal regulations to address the investor’s difficulties and create the most favorable conditions for the investor to implement the project. He emphasized the importance of putting the industrial park into operation soon, as it will contribute to job creation, income generation for local residents, and the overall economic development of the province.
Ha Thanh Concrete Joint Stock Company, headquartered in Dong Anh district, Hanoi, was established in 2000, with its predecessor being the Infrastructure Investment and Rural Development Joint Stock Company. According to the capital information updated in 2017, the company had a capital of VND 450 billion. The founding shareholders included Mr. Nguyen Duc Ha, holding the position of Chairman of the Board of Directors and legal representative, with a contribution of 46.06%, Ms. Nguyen Thi Hang with 24.61%, and Ms. Nguyen Thi Thu with 19.33%. In November 2018, the company increased its capital to VND 950 billion, which has been maintained to the present.
In the Mekong Delta region, in addition to the Tran De Industrial Park, Ha Thanh Company also invests in the Ha Thanh Enamel Tile Factory in Tam Nong district, Dong Thap province. The project has an investment capital of VND 800 billion and an expected average capacity of 8 million products/year. The factory was inaugurated in 2020.
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