Delegation of Ministries and Central branches of Lao PDR visits VSIP Nghe An Industrial, Urban and Service Park
On the afternoon of March 6, the delegation of Ministries
and Central branches of the Lao People's Democratic Republic led by comrade A
Lun Xay Sun Na Lat - Member of the Central Executive Committee of the Lao
People's Revolutionary Party, Minister, Chief of the Prime Minister's Office
visited VSIP Nghe An Industrial, Urban and Service Park.
Accompanied by comrades: Van
Xay Phong Sa Van - Member of the Central Executive Committee of the Lao
People's Revolutionary Party, Secretary, Governor of Kham Muon province; Phu
Vong Kit Ta Vong – Deputy Minister of Finance; representatives of the
Government Office, Ministry of Industry and Trade, Ministry of Planning and
Investment; leaders
of Kham Muon
province’s departments and branches.
Overview of the meeting
VSIP is the industrial, urban and service real estate
development model of the joint venture Sembcorp Group (Singapore) and Becamex
IDC Corp (Binh Duong province). Currently, in Nghe An province, there are 2
projects including VSIP Nghe An Industrial, Urban and Service Park (VSIP Nghe
An 1) established in 2005; VSIP Nghe An 2 project in Tho Loc Industrial Park
was granted an Investment Certificate in March 2023.
Currently, VSIP Nghe An 1 has attracted 44 investors with
46 projects on a total area of 243ha/250.63ha of land (97% filled); including
24 FDI investors including: 15 Taiwanese - Hong Kong - Chinese investors, 3
Japanese investors, 2 Singaporean investors, 3 Korean investors, 1 Swedish
investor. 45 projects have been granted investment certificates with a total
investment capital of 1,300 million USD; of which 1,203 million USD is FDI
capital. Currently, the Industrial Park has 29 investors in operation,
employing more than 16,000 local workers out of the total expected number of
65,000 workers.
Representative of VSIP Nghe An
introduces VSIP Nghe An 1 Industrial Park
Exchanging information with the Delegation, at the meeting, the
representative of VSIP Nghe An introduced in detail the industrial parks
invested by VSIP in the province and the industries that attract investment. VSIP
Nghe An representative said there are currently 17 VSIP industrial parks
deployed in 13 provinces and cities nationwide.
At the meeting, comrade A Lun Xay Sun Na Lat -
Minister, Chief of the Prime Minister's Office of the Lao People's Democratic
Republic informed about the direction of economic cooperation between Viet Nam and
Laos in the coming time.
Comrade A Lun Xay Sun Na Lat and members of the delegation requested the
Departments and branches of Nghe An province and VSIP Nghe An to advise on
regulations for establishing industrial parks and export processing zones; preferential
policies such as land rental incentives, corporate income tax exemption for
projects in economic zones, import taxes, etc.; how to attract investors to
industrial parks, etc;
The delegation also went on a field trip to areas in VSIP Nghe An 1
Industrial Park.
PT