Traffic works have a breakthrough in socio-economic development for the province in general and inter-province in particular (Photo: Nguyen Hong Phong).

According to information from the Management Board of Industrial Parks of Hai Duong province, from the beginning of 2024 to the end of May, 29 new projects with a total capital of over 186 million USD have been granted investment registration certificates by the unit. In addition, the Department of Planning and Investment of Hai Duong province announced that the area has more than 550 FDI projects from 27 countries and territories with a total investment capital of over 10 billion USD. Of which, in the first four months of 2024, Hai Duong province attracted 118.1 million USD. Although it decreased compared to the same period, the rate of capital implemented increased, up 38% compared to the same period.

Recognizing the role of the province in the economic innovation and development of the country in general and the North in particular, the local government has also introduced more favorable policies for foreign partners and domestic enterprises. In addition to the legal corridor, the Hai Duong provincial government has developed clear regional planning, zoning planning and land use planning. Thereby, domestic and foreign enterprises can easily research, learn and realize the potential of the area.

At the same time, the province will actively support enterprises in digital transformation, keeping up with the general trend of the country and the world. The province will also create the fastest conditions in the procedural process for enterprises to facilitate investment and development. Ms. Nguyen Thi Thuy Hang (Deputy Head of the Provincial Industrial Park Management Board) said that 100% of the unit’s administrative procedures were resolved on time, and the investment licensing process was also shortened from 15 days to 05 to 10 days.

In addition, Hai Duong province currently has more than 357 exporting enterprises participating in FTAs ​​(Free Trade Agreements). This helps local enterprises proactively access international markets, boost exports and economic growth. Hai Duong provincial authorities also encourage enterprises to update information on new-generation FTAs ​​and other policies, with the hope of catching up with global trends.

Previously, Mr. Le Hong Dien, Director of the Department of Planning and Investment of Hai Duong province, shared with the press that Hai Duong will attract investors to the region thanks to transparent regulations and an open investment environment. From small details, the province can show goodwill towards enterprises and investors.

Green development of industrial parks in the region

In addition, the orientation for 2024 is that the province will not focus on developing projects that have negative impacts on the environment. One of the main plans is to green industrial parks (IPs). Keeping up with the global trend, investors not only focus on the potential of the project but also assess the impact of the project on the environment. Obviously, Hai Duong province’s ability to keep up with international trends has become a competitive advantage in attracting investment capital in general and FDI capital in particular.

In the province, there are also many IP projects that meet international environmental standards, typically the Kim Thanh IP project in Tuan Viet commune, Kim Thanh district of investor COMA 18. Recently, COMA 18 Joint Stock Company also officially received the Certificate of land use rights, house ownership rights and other assets attached to the land to invest in construction and infrastructure of Kim Thanh IP from the People’s Committee of Hai Duong province. In the planning, the project allocates up to 23 hectares of land for trees and landscapes; equipped with an advanced waste treatment system of up to 4,800m3/day. Not only that, the industrial park also uses green technology and clean energy to reduce emissions to the environment.

COMA 18 Joint Stock Company receives the certificate of land use rights, house ownership rights and other assets attached to land from the Business Registration Office – Department of Planning and Investment of Hanoi City

Sharing about the “green orientation”, COMA 18 shared that the company applies international standards on environmental management to the process, especially the ESG (Environmental – Social – Governance) standard. ESG is known as the “compass” for businesses in sustainable economic development.

In addition to key industries, the company prioritizes the development of a “Sustainable Strategy”, aiming for a nature-friendly environment, creating an ecosystem that balances the economy and the environment. From there, the company fulfills its responsibility as a modern enterprise, committed to bringing value to the community and the world.

Previously, Kim Thanh Industrial Park was awarded the “Vietnam Sustainable Industrial Park 2024” award at the Dot Property Vietnam Awards 2024 International Real Estate Awards. The award contributes to affirming the efforts of the investor COMA 18 and Kim Thanh Industrial Park in the long-term growth plan.