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Thứ 4, Ngày 24/11/2021, 10:00
Long An leads the country in attracting FDI
24/11/2021
Even during the pandemic, the provincial government has always promoted investment promotion in many suitable forms to receive investment, creating a premise for development when the epidemic is under control. The clearest proof of those efforts and determination is that Long An has made a spectacular breakthrough and become the leading locality in the country in attracting investment in the first 10 months of 2021, especially FDI.

Attracting FDI accounts for one-third of the whole country

With a favorable geographical position, abundant land resources, open investment environment, in recent years, Long An province has become an attractive and effective destination for investors, especially foreign investors. With the reputation of attracting investment gained over many years, along with efforts to attract investment in an appropriate way in the context of social distancing, despite the complicated situation of the epidemic, in the past 10 months, the number of enterprises and investment capital of foreign direct investment projects in Long An still increased over the same period.

Lãnh đạo tỉnh trao giấy chứng nhận đầu tư cho doanh nghiệp vào tháng 10.2021.gif

Provincial leaders award investment certificates to enterprises in October 2021

While the epidemic situation is still complicated, the registered foreign investment capital in Vietnam has shown signs of decline. However, Long An is the leading locality in the country in terms of investment attraction. In the 10 months of 2021, the province has granted new investment certificates to 42 FDI projects with a registered capital of 3,272.5 million USD, 63 projects with increased capital with a total increase of 128.5 million USD. With this capital, FDI capital invested in Long An accounts for one third of the whole country; compared to the same period in 2020, the amount of newly granted capital increased by 3,008.3 million USD.

Up to now, the total number of registered projects in the province is 1,124 projects, with the registered capital of 9,334.5 million USD, of which 588 projects have been put into operation with the total implemented capital of about 3,624 million USD. With the achievements in the prevention and control of the Covid-19 epidemic, Long An affirms that it is a safe and effective destination in production and business with investors and businesses.

In the coming time, Long An is forecasted to receive more investment capital, especially FDI capital, in which many FDI enterprises are expanding production and business in many industrial zones and clusters in the province.

One of the particularly important FDI projects granted investment registration certificates by the province in 2021 is the Long An LNG Power Project I and II invested by VinaCapital GS Energy Pte.Ltd (Singapore). The project has an area of about 90 hectares in Can Giuoc district, including 2 combined cycle gas turbine plants, with a capacity of 2 plants up to 3,000MW, registered investment capital up to 3.1 billion USD. The project is expected to start operating and exploiting in December 2025.

Currently, Long An has about 40 countries and territories investing in the province, of which Singapore is the leading country in terms of investment capital in the province, followed by the following countries: Korea, Japan, the United States, and the United States. Thailand,... The fields that attract large foreign direct investment capital are energy, textiles, leather and footwear, feed processing industry for livestock, poultry and aquatic products; food and beverage processing; manufacturing industry;... Over 50 percent of FDI projects are located in industrial zones and clusters of the province.

Always create favorable conditions for businesses

The 4th outbreak of the Covid-19 epidemic, Long An is one of the localities in the epidemic center, with complicated and unprecedented developments, but with the efforts of the whole political system and the consensus of the people. and the business community, the epidemic was gradually controlled. Long An is the leading locality in "opening the door", helping to quickly restore production after the epidemic.

Lãnh đạo tỉnh, nhà đầu tư trong và ngoài nước chụp ảnh nhân dịp tỉnh tổ chức Hội thảo giới thiệu Đề án Khu kinh tế.gif

Provincial leaders, domestic and foreign investors take pictures on the occasion of the province's seminar to introduce the Economic Zone Scheme (Documentary photo)

In addition to creating favorable conditions for businesses that are operating to recover immediately after controlling the epidemic, Long An province's government also always performs well in promoting and receiving investment in many suitable forms under conditions of prevention and control. , against the Covid-19 epidemic. A clear proof of those efforts and determination is the event that on October 9, 2021, the Provincial People's Committee held a ceremony to award the investment decision and establish Nam Tan Tap Industrial Park for Saigontel Long An Co., Ltd. member of Saigon Telecommunication Technology Joint Stock Company - Saigontel, along with 11 typical investment projects in industrial parks (IZs) in the province.

Accordingly, Nam Tan Tap Industrial Park has a land use area of over 244 hectares in Can Giuoc district, with a total investment of more than 2,590 billion VND. 11 other typical investment projects (including FDI and DDI enterprises) in industrial zones in the province with the registered capital of over 68.3 million USD and 4,425 billion VND. The establishment of Nam Tan Tap Industrial Park right after the province reopened the economy in the "new normal" state is a premise for promoting investment attraction and revitalizing socio-economic development in the coming time.

In order to adapt early, flexibly and effectively implement the "dual goal" while drastically preventing and combating epidemics, protecting people's health, and promoting socio-economic recovery and development, Long An implemented synchronize many solutions to restore production and business of enterprises.

At the same time, Long An continues to pay attention to administrative reform, creating a favorable business investment environment with the motto "always accompanies enterprises, considering enterprises' difficulties as difficulties of their own conscious". The provincial government always accompanies businesses, actively removing difficulties and obstacles for businesses in the process of investment, production and business, focusing on large investment projects with capital both inside and outside the budget.

With the attention and creating favorable conditions in business and investment, the provincial leaders also suggested that enterprises in general and foreign-invested enterprises in particular, maximize the creative spirit, overcome difficulties to proactively develop strategies and plans for production recovery associated with effective measures to prevent and control the Covid-19 epidemic, ensuring safe, stable and developed production and business activities. ./.

Long An focuses on promoting investment attraction in a number of fields: Cooperation and development of projects on high-tech industrial production, supporting industries, mechanical engineering, manufacturing of electronic components, industrial engineering. processing industry; green industry projects, clean energy projects, renewable energy projects; urban development - real estate near HCMC; construction and completion of water supply and drainage works; logistics, high-quality services associated with Long An International Port; cooperation in training high-tech workers, cooperation in sending workers to work abroad,... and coastal economic zones.

Reported by Mai Huong

Translated by NT

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LONG AN PORTAL
Line Agency: People's Committee of Long An Province
Standing agency: The People's Committee Office​
Direct instruction: Chief of Office of the Provincial People’s Committee – Nguyen Anh Viet
Address: 61 Nguyen Hue, Ward 1, Tan An City, Long An Province
Phone: (0272). 3552489​
Email: vpubnd@longan.gov.vn; webmaster@longan.gov.vn
License No. 01 / GP-TTDT-STTTT dated March 3, 2015 - Department of Information and Communications