Currently, Dong Mai Industrial Zone in Quang Yen Town has attracted seven secondary enterprises to build and operate, along with other ten secondary projects are completing dossiers for investment preparation.
Started official construction in 2012, Dong Mai Industrial Zone infrastructure construction and leasing project invested by Viglacera Infrastructure Investment Development Company under the Viglacera Corporation has a total planning area of 167,86 ha.
Up to now, the project completed support and land clearance compensation with a total cost for land clearance of about 313 bil.VND. For construction investment in ancillary works (about 800 bil.VND), the synchronous investment in essential infrastructure works has been completed. Currently, more than 79,8 ha of industrial land area in Dong Mai Industrial Zone has been leased. In which, two projects including Wiring system and automobile electrical equipment manufacturing factory (Japan’s YAZAKI Co., Ltd.) and Vega Balls Vietnam Basketball manufacturing Factory (Vega Balls Vietnam Co., Ltd.) have been put into operation, creating jobs for more than 3,500 local laborers.
Besides five secondary enterprises from China and Singapore, South Korea is investing in building factories, mainly in the field of high-tech and electronic equipment. Notably, South Korea’s Bumjin Electronic Company is implementing the construction of an audio equipment manufacturing factory with a total investment of 40 bil.USD. The project is expected to be put into operation in mid-2020, creating jobs for local laborers.
In parallel with attracting investment in the industrial zone, currently, the provincial departments, branches and sectors were requested to urgently complete dossiers concerning the expansion of more than 150 ha at the Dong Mai industrial zone proposed by the investor. In addition, the province is also selecting the investor for the housing area construction project worth more than 886 bil.VND for Dong Mai Industrial Zone’s workers and experts.
With favorable geographical location and special preferential policies of the province, the Dong Mai industrial zone is promising to become a potential investment attraction.
Translated by Thu Giang
