Director of the Kien Giang Department of Industry and Trade Truong Van Minh said that the province has synchronously implemented solutions to boost industrial production activities and support businesses to recover and bolster production.

Besides, businesses have made great efforts to overcome difficulties, promote production and business, and seek new markets, among others.

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Kien Giang’s industrial production value increases by 10% in the first five months of 2023.

Local authorized agencies have regularly monitored market developments, stepped up supply-demand linkages, connected trade and consumption of goods via several distribution channels nationwide, particularly the consumption of One Commune - One Product (OCOP), typical rural industrial and agricultural products.

The province has accomplished the construction of infrastructure at Thanh Loc Industrial Park in Chau Thanh district (Phase 1) and part of Thuan Yen Industrial Park in Ha Tien city, with a total investment of more than VND 865 billion.

These industrial parks have to date attracted 24 registered investment projects, with a total leased land area of more than 95 hectares, and total registered investment capital of over VND 6.73 trillion, of which 17 projects have been put into operation and seven projects are carrying out construction procedures.

Besides, other industrial clusters such as Vinh Hoa Hung Nam in Go Quao district and Ham Ninh in Phu Quoc city have accomplished basic technical infrastructural works and are calling for further investment.

To date, these industrial clusters have attracted four investment projects, with total registered capital of more than VND 1.35 trillion, of which three projects have been put into operation and one project is under construction.

Leaders of the Kien Giang Department of Industry and Trade said that the province has continued to assist businesses in recovering and developing production through supporting policies on investment, production and business capital from socio-economic recovery programs in accordance with Resolutions of the National Assembly, the Government and the province, especially in the processing and manufacturing areas to help enterprises have more resources to recover and boost production and business activities.

The province is striving to reach an industrial production value of more than VND 48.18 trillion in 2023, an increase of 8% compared to the figure in 2022.

In the coming time, the province will review the investment and production situation in 2023 of key industrial projects in an attempt to remove difficulties and support businesses to soon increase production capacity, especially investment projects in industrial parks.

The province will also focus on solving difficulties in Thanh Loc Industrial Park in order to call for and grant investment licenses to new projects, creating room for the province’s industrial growth in the last months of 2023 and in the coming years.

Source: VNA