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Dung Quat Port |
In 2024, Dung Quat Economic Zone and Quang Ngai Industrial Parks Authority (DEZA) will have completed the task of managing and developing EZs and IPs, assisting Dung Quat EZ and IPs in overcoming many difficulties and challenges, continuing to achieve and exceed plan targets, and making significant contributions to the province's socioeconomic development.
Chairman Tran Van Man presented an overview of socio-economic development in Dung Quat Economic Zone and Quang Ngai Industrial Parks in 2024 at DEZA's Conference of Civil Servants and Employees in 2025 and the summary of Party work in 2024. The province has seen significant progress in state management and business investment in these areas.
Mr. Tran Van Man, Provincial Party Committee, Chairman of DEZA
With the role and tasks assigned by the People's Committee of Quang Ngai province in direct state management and promoting investment attraction and development of Dung Quat Economic Zone and the province's industrial parks, in 2024, the Management Board of Dung Quat Economic Zone and Quang Ngai Industrial Parks comprehensively implemented the decentralized fields of investment, construction, planning, environment, labor, administrative reform, security, and order...
Ship docked at Dung Quat port
In general, the works were successfully implemented, considerably contributing to the achievement of the goals and plans established at the start of 2024. Here are some specific results:
Planning and Construction Management: Approve comprehensive construction plans at a scale of 1/500 for three projects, granting construction permits for 12 projects, appraising investment feasibility study reports for four projects, and completing the submission to relevant authorities for approval of the remaining five zoning planning projects.
Mr. Dam Minh Le, Vice Chairman of DEZA |
Planning, finance, and infrastructure investment: In 2024, the Management Board will be allocated local budget capital to implement 7 transitional projects and start 2 new projects, with good disbursement rates.
Investment promotion, support, and management include receiving dossiers, organizing appraisals, and reporting to the Provincial People's Committee on the following projects: (1) Quang Ngai Waste-to-Energy Plant and (2) Dung Quat Integrated Waste Treatment Complex. The Management Board is coordinating with the investor to re-establish the dossier requesting approval of the investment policy, as directed by the Provincial People's Committee. The investor is proposing the Dung Quat Integrated Waste Treatment Complex project, which spans approximately 81.87 hectares and includes the proposed area of two previous projects.
Natural resource and environmental management are well applied. DEZA periodically disseminates and propagates environmental protection regulations to firms in industrial parks and economic zones, and it oversees the Environmental Pollution Monitoring and Control Program in the Dung Quat Economic Zone and the Quang Ngai Industrial Zones. Organizes inspections and responds to feedback from businesses and voters on environmental protection in the Dung Quat Economic Zone; requires businesses to strictly adhere to environmental protection measures during operations so as not to pollute the environment or negatively impact neighboring businesses.
Maintaining a stable investment and business environment in economic zones and industrial zones
In 2024, firms investing in the Dung Quat Economic Zone and Quang Ngai Industrial Parks experienced numerous challenges due to objective causes. DEZA, as the province's direct state administration unit for economic zones and industrial parks, continues to promote its assigned duty by accompanying and collaborating closely with firms and investors in the zones and parks. In addition to state management responsibilities, DEZA has steadfastly implemented tasks to remove barriers and problems for investors and businesses in industrial parks and economic zones. In 2024, the Dung Quat Economic Zone and the Quang Ngai Industrial Parks accomplished significant accomplishments in attracting investment and manufacturing, including:
Regarding investment attraction:
In 2024, DEZA granted new Investment Registration Certificates (IRCs) for three projects totaling VND 508.18 billion (equivalent to USD 20.61 million) and amended IRCs for 26 projects, including six with increased capital. In 2024, the total newly registered and enlarged capital in the province's economic zone and industrial parks will be VND 3,370.04 billion (equal to USD 140.68 million).
There are currently 350 valid projects in the Dung Quat Economic Zone and Quang Ngai Industrial Parks, with a total registered investment capital of VND 396,789 billion (equivalent to USD 18.4 billion), including 66 foreign direct investment (FDI) projects with a total registered investment capital of approximately 2.28 billion USD and 284 domestic direct investment (DDI) projects with a total registered capital of 345,161 billion VND (equivalent to 16.12 billion USD).
The Dung Quat Economic Zone and Quang Ngai Industrial Parks currently have 258 projects/212 firms in operation.
In 2024, firms will achieve the following major goals:
Industrial production value is estimated at VND 229,767 billion, reaching 127.6% of the 2024 plan; service and trade value is estimated at VND 6,130 billion, up 3.7% over the same period in 2023, reaching 161.3% of the 2024 plan; state budget contribution is estimated at VND 24,240 billion, reaching 136% of the 2024 plan (of which: domestic revenue is estimated at VND 13,162 billion; import-export revenue is estimated at VND 11,078 billion, up 22% compared to 2023); export turnover is estimated at 2,735 million USD, up 15.2% over the same period in 2023, reaching 136.8% of the 2024 plan; import turnover is estimated at 4,378 million USD, up 13.7% over the same period in 2023.
Up to now, Dung Quat Economic Zone and Quang Ngai Industrial Parks have created jobs for about 76,326 workers.
Strive to establish the Dung Quat Economic Zone and industrial zones for green, circular, and sustainable development.
Also, at the Conference of Civil Servants and Workers in 2025 and the Summary of Party Work in 2024, the leaders of DEZA launched an emulation movement among all civil servants and workers determined to successfully carry out political tasks in 2025, with the following specific goals:
Attracting investment of approximately $300 million USD;
Industrial output value (current price): 260,000 billion VND;
Trade and service value: 4,500 billion VND;
Contribute to local budget revenue: 26,000 billion VND; export turnover value: 2,570 million USD; and create 4,000 new jobs.
According to DEZA leaders, in order to meet the above targets by 2025, DEZA will continue to strengthen its role and sense of responsibility in performing public duties, as well as effectively implement emulation and reward work widely from DEZA to enterprises in the province's industrial and economic zones. On the other hand, seriously acknowledge the objective reality of obstacles and advantages in the task process (already implemented and unfinished, stuck in 2024) in order to have solutions and strategies to fully resolve them.
The DEZA, in particular, focuses on the issue of converting traditional industrial park models to ecological industrial park models and developing new ecological industrial parks in order to concretize the Party and State's policies in this field, as well as Quang Ngai province's determination to implement the transformation of the green economy and circular economy into ecological industrial parks. As a result, we are contributing to the reduction of emissions in industrial production, moving toward the goal of developing green and sustainable industries, bringing a happy, healthy, and beautiful life to the community and society, and creating outstanding competitive advantages for enterprises in the integration and development trend.
By. T.Giang
ELECTRONIC INFORMATION PAGE FROM DUNG QUAT EZ AND QUANG NGAI INDUSTRIAL ZONES
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Agency: Dung Quat Economic Zone and Quang Ngai Industrial Parks Authority.