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(Haiphong.gov.vn) - On the afternoon of January 16, the City People's Committee held a conference to announce Decision No. 1511 dated December 4, 2024 of the Prime Minister on the establishment of the Coastal Economic Zone [...]

(Haiphong.gov.vn) – On the afternoon of January 16, the City People's Committee held a conference to announce Decision No. 1511 dated December 4, 2024 of the Prime Minister on the establishment of the Southern Coastal Economic Zone in Hai Phong. This is a particularly important event, marking the first step in the process of realizing the economic zone development goals, a new driving force for the growth and prosperity of the city.
Comrade Tran Hong Ha, Member of the Party Central Committee, Deputy Prime Minister attended and gave a speech to direct the Conference. Also attending were representatives of ministries, departments and central branches.

Deputy Prime Minister Tran Hong Ha handed over the Decision to establish Hai Phong Southern Coastal Economic Zone to city leaders.
City leaders attending the Conference included comrades: Le Tien Chau, Member of the Party Central Committee, Secretary of the City Party Committee, Head of the Hai Phong National Assembly Delegation; Nguyen Van Tung, Deputy Secretary of the City Party Committee, Chairman of the City People's Committee; Do Manh Hien, Permanent Deputy Secretary of the City Party Committee; Pham Van Lap, Member of the Standing Committee of the City Party Committee, Chairman of the City People's Council; Comrades of the Standing Committee of the City Party Committee, leaders of the People's Council, People's Committee, and Vietnam Fatherland Front Committee of the city.

Head of Hai Phong City Economic Zone Management Board Le Trung Kien spoke at the Conference.
Hai Phong's southern coastal economic zone (EZ) with a scale of about 20,000 hectares is oriented to be a multi-industry, international economic zone, with the development pillars of high-tech industry, modern logistics services, smart urban areas, eco-tourism, and a pilot free trade zone. This is not only a new economic growth driver but also a basis for Hai Phong to affirm its position as a marine economic center, an international logistics service center, and an important growth pole for the region and the whole country. The establishment of the economic zone will create conditions for the city to pilot new policy mechanisms, create an open and favorable investment environment, and attract resources from home and abroad to realize the set goals.

Overview of the Conference.
By 2030, Hai Phong southern coastal economic zone will become the main driving force of Hai Phong city's economy, equivalent to 80% of the capacity of Dinh Vu - Cat Hai economic zone. The second economic zone will play a particularly important role in connecting with neighboring economic zones, forming a chain of coastal economic zones, serving as a driving force for the development of the whole region. In addition, the Southern Coastal Economic Zone is also expected to contribute VND 550,000 billion to the budget and create 301,000 jobs.
The establishment of Hai Phong's southern coastal economic zone is a strategic decision, expressing the city's will and desire to rise, and is a step to concretize the goals and tasks set out in Resolution No. 45 and Conclusion No. 96 of the Politburo on building and developing Hai Phong city. The economic zone will be a place to concentrate resources, exploiting maximum potential and advantages to create new values, contributing to building Hai Phong increasingly rich, strong and civilized.

City leaders awarded Investment Registration Certificates, raising capital for 5 domestic investment (DI) projects with a total capital of 79,425.52 billion VND (equivalent to 3.394 billion USD) and 6 foreign investment projects (FDI) with 125.15 million USD.
At the Conference, the City People's Committee awarded Investment Registration Certificates, raising capital for 5 domestic investment (DI) projects with a total capital of 79,425.52 billion VND (equivalent to 3.394 billion USD) and 6 foreign investment projects (FDI) with 125.15 million USD, including:
Trang Cat urban and service area increased its capital from 6,300 billion VND to 69 trillion VND, with a scale of more than 584 hectares. Investor: Trang Cat Urban Development Company Limited.
Vinh Quang Industrial Park Infrastructure Investment and Construction Project (phase 1), scale of 226 hectares, total investment capital: more than 3,550 billion VND. Investor: IDICO Vinh Quang Joint Stock Company.
Nomura - Hai Phong industrial park infrastructure construction and business investment project (Phase 2), scale of 197 hectares, total investment capital: about 2,782 billion VND. Investor: Hai Phong International Industrial Park Joint Stock Company.
Infrastructure investment and business project of Trang Due 3 industrial park, scale of 652 hectares, total investment capital: more than 8,000 billion VND. Investor: Saigon - Hai Phong Industrial Park Joint Stock Company.
Investment project to develop infrastructure of Nam Trang Cat industrial park, scale of 200 hectares, total investment capital: more than 2,252 billion VND. Investor: Vinhomes Industrial Park Investment Joint Stock Company.
Investor Trakmotive Global Industrial Inc (USA), Total investment capital: 60 million USD, Main products: Production of spare parts and auxiliary parts for cars and other motor vehicles, Industrial park: Nam Dinh Vu (Zone II), Scale: 11,400 tons/year.
Hanmiflexible Vina Co., Ltd. (Korea), Total investment capital: 10 million USD, Main products: Manufacturing and processing plastic components and parts for household electronic devices, Industrial park: Nam Cau Kien, Scale: 6,200 tons/year.
Hogetsu Vietnam Co., Ltd., nationality (Japanese), Total investment capital: 12.4 million USD, Main products: Agricultural and forestry machinery manufacturing, Industrial park: Nam Dinh Vu (zone II), Scale: 15,600 tons of products/year.
Ascent Vietnam Co., Ltd., Nationality (Hong Kong), Total investment capital: 12.5 million USD, Main products: Manufacturing and processing raw materials used for food processing and beverage preparation, Industrial park: Maritime industrial and service park (Deep C 2B), Scale: 60,000 tons of products/year.
Great Eagle Investor (Seychelles), Total investment capital: 10 million USD, Main products: Manufacturing all kinds of components, assembling electronic products, Industrial park: Nam Cau Kien, Scale: 2,650 tons/year.
Pourin Special Welding Vietnam Manufacturing Co., Ltd., Nationality: Hong Kong, Total investment capital: from 41.25 million USD to 59 million USD (up 17.75 million USD), Main products: Production of boiler parts, Industrial park: Nam Dinh Vu (Zone I), Main product capacity scale: 55,000 tons.

Deputy Prime Minister Tran Hong Ha spoke to direct the Conference.
Speaking at the Conference, Deputy Prime Minister Tran Hong Ha emphasized that the southern coastal economic zone of Hai Phong demonstrates the will and aspirations, a vision that marks a new era, a stage of development to new heights of Hai Phong. To successfully build the industrial park, PTTg requested HP to promote its economic, political and cultural advantages. Along with that, infrastructure development is multi-purpose, complementing each other between transportation infrastructure and energy, water supply, drainage, and telecommunications infrastructure. The Deputy Prime Minister recommends businesses and investors to focus resources and invest in the right direction, with specific criteria, to achieve the highest efficiency.

Chairman of the City People's Committee Nguyen Van Tung proposed that the Government pay attention to investment and remove obstacles in some projects.
Accepting the instructions of Deputy Prime Minister Tran Hong Ha, on behalf of the city's leaders, Chairman of the City People's Committee Nguyen Van Tung said that Hai Phong will develop a specific plan to implement the construction of the EZ. The Chairman of the City People's Committee respectfully thanked the leadership and direction of the Government, Deputy Prime Minister Tran Hong Ha and Central Committees, Ministries and branches, creating an important legal corridor for Hai Phong to develop and complete its socio-economic goals in the coming period. The Chairman of the City People's Committee requested departments, branches and units to complete the general planning of the economic zone. The city is committed to creating the best conditions for businesses to invest in the EZ.
The Chairman of the City People's Committee proposed that the Government pay attention to investing in infrastructure projects behind the port; dredging deep water port channel; deploying Ninh Binh - Hai Phong expressway; have solutions to remove problems in coastal road projects; soon give opinions on the general adjustment of Dinh Vu - Cat Hai Economic Zone./.