Ninh Binh expands cooperation opportunities with major groups
At the working session with Chairman of the Ninh Binh provincial People’s Committee, AUO Chairman Paul Peng affirmed that Vietnam in general and Ninh Binh in particular are important destinations in the global expansion strategy of AUO - one of the world's leading corporations in the production of display screens, which is currently expanding into trade and retail.
Paul Peng wishes to learn more about the potential and advantages of the province to introduce to the Taiwanese business community, and invite provincial leaders to visit and work in Taiwan to strengthen cooperation.
Ngoc affirmed that Ninh Binh province always attaches importance to and creates favorable conditions for strategic investors.
He introduced the development orientation after the mergence of the three provinces of Ninh Binh, Ha Nam and Nam Dinh with three strategic centres: Phu Ly urban area to develop high-tech industry, logistics, healthcare - education; Nam Dinh coastal urban area to develop electronics industry, textiles, marine services and deep-water ports; and Hoa Lu urban area is associated with tourism, heritage economy and connected urban areas. In which, industry is identified as a key pillar.
Ninh Binh province is currently promoting investment incentive policies, focusing on training high-quality human resources, implementing key infrastructure projects such as Nam Cao University, deep-water ports, airports, and the North-South high-speed railway passing through the province.
By the end of the year, the province will start construction of a traffic route connecting three key urban areas, creating new development momentum, Ngoc said.
At the meeting, the two sides discussed key policies such as taxes, essential infrastructure, human resources and development orientation of industrial parks.
Specifically, the AUO Corporation expressed interest in cooperation in the field of human resources training and technology development, and proposed support programmes for small and medium-sized enterprises in Ninh Binh.
Also on the afternoon of August 27, Secretary of the provincial Party Committee Truong Quoc Huy received and worked with Tran Quoc Viet, Chairman of the Board of Directors and General Director of Cat Tuong Real Estate Group JSC.
Viet introduced that the Cat Tuong Group was established in 2011, operating in many fields of civil, industrial and commercial real estate in southern provinces.
In Ninh Binh, since 2017, the group has invested in Rang Dong Textile Industrial Park (Nghia Hung commune) with an area of nearly 520 hectares, focusing on attracting FDI enterprises in the field of high-tech textile dyeing. Currently, the industrial park has attracted seven investors, including two large corporations from Japan and China, with a total capital of over 200 million USD. The occupancy rate is about 28%. The goal by the end of 2025, the industrial park will reach a 50% occupancy rate, attracting FDI capital of 800 million USD.
Representatives of Cat Tuong Group pledged to continue to accompany the locality, focusing on sustainable infrastructure investment and compliance with the law. The enterprise hopes that the province will coordinate in developing a "White Book on Investment", creating conditions for accessing new investment calling projects, and at the same time paying attention to arranging social housing or accommodation for workers and experts.
Viet also proposed specific solutions to improve the investment environment, including strengthening support policies for businesses and reforming administrative procedures.
For his part, Huy affirmed that the province will continue to create favorable conditions for businesses to expand investment.
He noted that during the operation process, businesses must prioritise environmental issues, strictly control the risk of pollution, and at the same time pay attention to recruitment, job creation, and ensuring income for workers.
The province also considers allocating land lots to build social housing and worker accommodation facilities and encouraging businesses to establish legal entities in Ninh Binh to increase budget contributions, he said.
The Cat Tuong Group affirmed that it will complete the environmental and wastewater treatment system using modern technology, meeting the requirements of green and sustainable development.
On this occasion, the group invited provincial leaders to visit industrial park and urban area projects that the business is implementing in the South.
These meetings not only opened up investment cooperation opportunities for Ninh Binh but also affirmed the province's commitment to creating a favourable environment for investors, contributing to promoting local economic development.
