Nghi Son – an attractive destination for investor
To promote and exploit the potential effectiveness and advantages of the province, far Thanh Hoa province has formed Nghi Son Economic Zone and Industrial Zone 8. Nghi Son Economic Zone was established in 2006, a total area of 18,611.8 hectares (currently, is the Prime Minister approving the revision planned expansion to a total area of mainland and island: 66497.57 ha of surface Water: 39502.43 ha), development objectives into EZ integrated, multi-disciplinary and multi-sector with a focus on heavy industry and basic industry, in association with the construction and operation of seaports effective Nghi Son. This is one of the few regions in northern Vietnam has the potential to develop deep-sea port, which can receive big tonnage ships thousands DWT; is an important condition for attracting large-scale projects, heavy industrial projects such as petrochemical industry, steel rolling industry premium, industrial mechanical, thermal power industry, Industrial production of construction materials, consumer goods production, processing and export, …
In the past year, because of the attention of the Government, ministries and central agencies, the Nghi Son EZ priority was construction investment system critical infrastructure such as investment in upgrading grids electricity, building fresh water system provides industrial and building manufacturing plants to clean water, telecommunications infrastructure, investment road system, build the breakwater and dredging of the port … ensure basic conditions of technical infrastructure to meet investment requirements.
With the potential and advantage formidable, in 2012, Nghi Son Economic Zone was selected and ranked on the list of top 05 economic zone of the country is a priority investment. This is also favorable for Thanh Hoa province enlisted resources from central and local balance resources to invest in building a uniform economic zone, create highly competitive, meet the needs of the Investors.
To date, the Nghi Son Economic Zone has been confirmed as a coastal economic zone with several attractive investment projects registered. Has attracted 124 domestic investment projects with total registered capital 96891.4 billion, 10 foreign investment projects with total registered capital of USD 12162.4 million; which, with the nuclear project as: United Nghi Son Refinery, Nghi Son Thermal Power Centre, Nghi Son deep-water port; fill rate on industrial land area of over 80%.
Joint Projects Nghi Son petrochemical complex has a total investment of over US $ 9 billion (Petro Vietnam: 25.1%, International Petroleum Company Kuwait: 35.1%, Idemitsu Kosan Company: 35 , 1% and Mitsui Chemical Corporation: 4.7%); Phase 1 project is built on an area of 358 hectares, with a capacity of 10 million tons / year (200,000 barrels / day). This is a heavy industrial projects, using the most advanced technology at present, is a national key project. After 18 months of construction, the project has disbursed about $ 4.3 billion (48%); planned project is completed and put into commercial operation in early 2017 and supplied to the market 2.3 million tons of gasoline, 2.9 million tons of diesel, 380,000 tons of polypropylene, 900,000 tons of jet fuel and 700,000 tons of petrochemical products each year, an important contribution to ensuring energy security, economic development service – the national society, is expected to ensure the ability to provide fuels and lubricants in Vietnam from 30% to 70%.
With products after refining, this project comes into operation will create tremendous momentum as well as the opportunity to Nghi Son Economic Zone attracts ancillary industries such as chemical manufacturing, plastic resins and engineering make.
Nghi Son Thermal Power Center with a total investment of over $ 4 billion, the design capacity of up to 2.400MW. Currently, the Nghi Son 1 thermal power plant with capacity of 600 MW by the Vietnam Electricity as an investor has completed and put into commercial operation, the annual contribution of nearly 200 billion budget. Nghi Son Thermal Power Plant 2, 1,200 MW with a total investment of $ 2.3 billion, due venture Marubeni Corporation – Japan and the Group Kepco – Korean construction investment under BOT starts work 9/2015 Building month; Cong Thanh thermal power plants with a capacity of 600 MW with a total investment of USD 900 million due to investment Thanh Corporation is preparing to deploy constructive step.
Investment in construction of transport infrastructure connections and ports: EZ was developed on 71 projects to build infrastructure, total investment of 6413 billion, which was granted 3,859 billion, the volume made current and disbursed 3,680 billion. In addition, the Commission took the initiative to call for investment in social capital as the investment of the port, industrial zone infrastructure, service areas, waste management, with a registered capital of 19,337 billion VND investment, value perform about 5035 billion, contributing gradually improved infrastructure Nghi Son Economic Zone and industrial zones.
Deepwater port area has been prioritized for investment and attract investment, has completed the breakwater with a length of 600m, with 04 ports total length 842m; Dedicated terminals, dredging 3.9km main stream for 50,000 DWT ships out of the port general, dredging for ships to enter the port area dedicated Refinery project. Over the years, the port of Nghi Son port is considered the fastest growing rate in the country (of goods through the Port of years as follows: in 2012 reached 3.5 million tons in 2013 to 7.2 million tons in 2014 to reach more than 9 million tons, in 2015 is estimated at over 10.5 million tonnes).
Also, in Nghi Son Economic Zone project also has some heavy industry, large investments have been completed such as Nghi Son cement plant, a total investment of $ 700 million, the design capacity of 4.3 million tonnes / year, the budget contributed over 200 billion / year; Cong Thanh Cement Plant, a total investment of 600 million USD, the design capacity of 6 million tons / year. Steel rolling plant Nghi Son is the Prime Minister for approval to increase capacity to 7 million tons / year with total investment of 4.3 billion, is scheduled to complete phase 1 with a capacity of 2 million tonnes / year in 2018 …
With these results have been achieved, the next time the Thanh Hoa province has launched guidelines and measures to accelerate infrastructure construction and attract investment in Nghi Son Economic Zone and industrial zones, which is facilitated most favorable mechanisms and policies to attract business investors in infrastructure have the capacity and experience, focusing on attracting business investors Infrastructure Highway 1A West Industrial Park, Industrial Park Chemicals , Group Nghi Son (Bao Nghi Son), Lam Son Industrial Park – Golden Star, striving to meet the conditions of the infrastructure and attract investment; focused direction effectively, enhance the quality implementation of administrative reforms, improve the business investment climate, focusing on solving administrative procedures under the “one door – in place”; promptly resolve the difficulties and problems for enterprises; ensure the best conditions for enterprises have built go into production; continue to improve and enhance the quality of infrastructure in industrial zones; strengthening innovation and investment promotion activities; …
Nghi Son EZ Management Board also made some proposals and suggestions for improvement organizational apparatus of state management for the next time EZ is: look, build EZ Act to create a legal corridor Full management, solid and high legal, management agreed in industrial zones and export processing zones; to elevate the state management of the central agency for the development of industrial parks, EZ, and innovative management models in the system state and central agencies with the Management Board of the provinces; research management model EZ form of “Urban Economics” in which EZ Management Board shall manage all aspects of economic issues – social in EZ.
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