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NetZero.VN - Net Zero Viet Nam > Local > Dong Nai > Dong Nai to build green IPs that meet net-zero standards
Dong NaiIndustryNews

Dong Nai to build green IPs that meet net-zero standards

Dong Nai People's Committee held a meeting in late June to unveil the province's investment wish-list for 2024, which features 36 priority projects in five fields.

Vietnam Investment Review 04/07/2024
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Specifically, Dong Nai is calling for investors to build at least three green industrial parks (IPs) that reaching net-zero standards, and three high-tech parks, encompassing a 497-hectare high-tech park in Cam My district, a 100ha IT park, and a 300ha innovation park in Long Thanh district.

This investment wish-list is embedded in the provincial planning, with projects in industry, services, urban development, transport infrastructure, culture, and society.

Transport infrastructure takes the lead with 10 projects, including Cat Lai Bridge, Bien Hoa Airport, and Ring Road No.4. Urban development has seven projects, culture and society embraces seven projects, and industry and services each register six projects.

Nguyen Huu Nguyen, director of Dong Nai Department of Planning and Investment, noted that the projects are highly feasible as they have received the thumbs-up from the province and been reported to central management agencies.

The early announcement of the investment wish-list has drawn attention from domestic businesses and international investors.

Usually, localities make an official announcement of their investment wish-lists after receiving government approval for their provincial plans.

Dong Nai’s plan is still pending governmental approval, but the people’s committee decided to make this early announcement to ensure investors have time to make preparations and jumpstart ventures when the provincial plan is greenlighted by the government.

Peter Wu, deputy chairman of Taiwan-owned Vietnam Precision Industrial JSC (VPIC), unveiled the company’s particular attention to a modern-oriented green IP model that meets net-zero standards.

“Our company is based in the southern province of Dong Nai and is gearing operations towards using green energy with minimal impacts on the environment, so eco IP development has caught our special attention,” said Wu.

Meanwhile, a raft of investors from Japan, South Korea and United States are showing keen interest and sending proposals to Dong Nai People’s Committee expressing a desire to start ventures in high-tech, services, and smart urban development.

For instance, South Korean group Harbor Star Engineering Global is looking to venture into expediting an urban area, trade, services, entertainment, and logistics complex project around Long Thanh International Airport.

Japan’s Aeon Mall is in a legal setup stage to be able to soon expedite a shopping mall project in Bien Hoa city covering nearly 12ha at a total value reaching $250 million.

Leading domestic players are also mulling over developing urban areas in Dong Nai.

Privately-run Ecopark Group has proposed an ecological urban area covering 3,800ha, and KN Investment Group, owned by entrepreneur Le Van Kiem – the owner of the Long Thanh Golf brand – is looking to inject capital into four high-tech agriculture projects in Long Thanh and Cam My districts.

“Dong Nai is committed to ensuring the transparent announcement of its latest investment wish-list to the public, enabling all investors to equally access these priority projects,” said Nguyen Hong Linh, Secretary of Dong Nai Party Committee.

Quan Thuy

TAGGED:green industrial park
SOURCES:Vietnam Investment Review
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