Creating an "ecosystem" for the industrial park

	Supporting enterprise at Customs Branch of "tens of billion USD"
	Bình Thuận Province begins construction of 1,000-ha industrial park
	Industrial parks, economic zones attract over 100 billion USD over 30 years

The industrial zones are aiming for more sustainable development. Photo: Internet

According to the Ministry of Planning and Investment, the system of industrial parks and economic zones nationwide is present in sixty-one per sixty-three provinces and cities with four hundred and three industrial parks, eighteen coastal economic zones and twenty-six border economic zones established. The occupancy rate of industrial parks in Vietnam currently reaches 70.9%, equivalent to the end of 2020. Industrial parks and economic zones have attracted more than 10,000 domestic projects and nearly 11,000 projects. As a result, foreign investment projects (FDI) are valid with a total registered investment capital of about US $ 340 billion.

In order to welcome the wave of foreign investment, many localities and industrial parks have planned to expand their infrastructure. Analysts of SSI Securities Company said that foreign investors' demand for industrial zone land rental continues to be assessed as positive growth and will be the driving force for the development of the industrial park infrastructure construction industry.

However, for industrial parks to become effective and attract high-quality, high-value businesses, the construction of accompanying infrastructure is always a great concern. Specifically, industrial parks must-have infrastructure for workers' lives, infrastructure for transportation, logistics and implementation of import-export procedures, etc. Furthermore, according to experts and businesses, industrial parks must build an "Ecosystem" to create a production chain, increase added value and aim for economic integration, bringing export products to the international market.

For example, it is only in phase one of the project that the Hanoi South Supporting Industrial Park (Hanssip) has been building and developing in the direction of an "industrial ecosystem", including full conditions for enterprises and workers to produce - work - living, maximize service for employees - employees - managers, experts and partners who come to trade production - business services at Hanssip Industrial Park. Standard factories are built for lease with flexible conditions and with financial institutions and banks' cooperation in the industrial park. In addition, the industrial park also integrates logistics centres, schools, medical clinics, commercial centres, cinemas, hotels, etc. In particular, Hanssip also has a vocational training academy to help cooperate with hundreds of vocational training schools in Vietnam to meet the needs of domestic and foreign enterprises for labour soon.

Similarly, Yen Phong Industrial Park (Bac Ninh) is also invested in a synchronous and modern technical and social infrastructure system. Yen Phong is considered the industrial park attracting the largest FDI capital in the North with more than the US $ ten billion. Yen Phong Industrial Park is located in the planning of Yen Phong Science and Technology Complex, including an industrial park, household production area, office - hotel area, training area, residential area, park area and sports zone…

In Dong Nai, Amata Industrial Park is oriented to build on the model of an eco-industrial park, with the encouragement of businesses to use green energy, reuse wastewater and "symbiotically" businesses to create a relationship that develops together. Enterprises said that participating in this industrial park has helped to reduce production costs and, at the same time, meet the requirements of green production - increasing opportunities and better meeting environmental standards when exporting goods to "difficult" markets.

According to Mr Nguyen Van, Vice Chairman of the Hanoi Association of Supporting Industry Enterprises, industrial parks that have been developed, it needs to consider the selection of suitable secondary investors with the development goal of a modern, environmentally friendly "industrial ecosystem" and creating a sustainable life and work for employees. In addition, with human resources, Vietnamese supporting industry enterprises will participate more deeply in the global value chain.

However, barriers to such development orientations are cumbersome, overlapping administrative procedures, and too long implementation time, which increases costs and time, and reduces project efficiency. Moreover, the ground clearance for newly established industrial parks still has many problems, and investment incentive policies are not synchronized; association and cooperation in industrial production in industrial parks and economic zones of Vietnam are limited...