Dong Nai province looks towards developing green industry
15:24 | 04/02/2020

VGP – Dong Nai is one of the four provinces and cities that lead the country in terms of industrial development, thus playing a relatively important role in the realization of the Government’s five-year plan.

Illustration photo

2020 is a very crucial year in finalizing the five-year socio-economic plan (2016-2020) and is a premise for the next period.

This year, Dong Nai targets an increase of 8-9% in its gross regional domestic product (GRDP) compared to 2019, with the local industrial production value expected to expand by over 8%. 

The province hopes to attract around US$1 billion worth of foreign investment and have nearly 4,000 newly established enterprises.

In addition, Dong Nai will also offer solutions to support businesses to develop their production.

2019 results create premise for the new year

In 2019, Dong Nai disbursed more than US$1.65 billion worth of foreign direct investment (FDI) in industrial parks, representing a 1.5-fold surge compared to the plan set for the year.  reaching more than US $ 1.65 billion, more than 1.5 times the annual plan. 

A total of 95 projects in industrial parks were put into operations, including 89 FDI projects worth over US$577 million.

Okada Hideyuki, chairman of the Japanese Business Association in Ho Chi Minh City, said: “Most of Japan’s large groups, such as Sojitz, Ajinomoto, Fujitsu, Mitsubishi and Hisamitsu, are investing in Dong Nai, and have been expanding production and increasing their capital over recent times.

Currently, Japanese investment in the province has reached nearly US$4.7 billion and promises to continue growing rapidly in the near future. In recent trade promotion events, Japanese firms and Vietnamese companies in Dong Nai signed contracts to supply products for each other.”

Looking towards ‘green industry’

Dong Nai has set a goal of continuing to develop ‘green industry’ in 2020 and the following years, which means priority will be given to the projects that do not harm the environment. 

Accordingly, to get the investment licenses from the province, the projects will have to meet some requirements, including using environmentally friendly and modern technologies and employing few workers.

From the aforementioned regulation, Dong Nai has attracted many projects that comply with the province’s requirements, thus gradually developing a ‘green industry’. 

The provincial Department of Planning and Investment said: “Dong Nai has more than 10 years of implementing selective investment attraction, and the projects that have been put into operation in the past years are all in the province’s priority fields. The projects threatening to cause environmental pollution or employing many workers, have all been rejected. 

The factories outside the industrial park which are not suitable to the planning and are likely to cause pollution have also been put on the list of being relocated into the industrial parks and industrial clusters. 

This year, in addition to expanding and operating the 35 industrial parks which have been approved by the Government, Dong Nai plans to include eight more into its planning to meet the industrial development demand in the coming period../.

By Vien Nhu

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