Marine economy, breakthrough from strategic vision Part 2: Orientation of free economic zones, driving force for marine economic development

From the vast potential of the sea space and strategic vision, the province has researched and established the first model Free Economic Zone (FEZ) in the country. This is not only a major policy to concretize the orientation of marine economic development but also an aspiration to break through, making Hung Yen become the industrial development center of the Red River Delta.

Lien Ha Thai Industrial Park is a bright spot attracting FDI into Thai Binh Economic Zone.

Solid strategic foundation

In 2017, the Prime Minister signed a decision to establish Thai Binh Economic Zone with an area of ​​30,583 hectares, planning 25 industrial zones, Thai Binh seaport of 500 hectares, Thai Binh Power Center of 853 hectares, along with many urban, tourism and coastal service areas. This is a milestone, laying the foundation for the development of the marine economy associated with modern industry, trade and services. In the period of 2021 - 2025, Thai Binh Economic Zone will establish 4 new industrial parks, increasing by 1,427 hectares (3.4 times higher than the period of 2016 - 2020). In particular, Lien Ha Thai Industrial Park is a typical example of the whole country in terms of synchronous and modern investment speed; together with Hai Long, VSIP, Hung Phu industrial parks, creating a breakthrough in attracting investment.

By the end of 2023, with Decision No. 1735/QDTTg of the Prime Minister approving the previous Thai Binh Provincial Planning, period 2021-2030, vision 2050, the sea space area of ​​about 487km2 is divided into functional areas, such as seaport security and defense zones, aquaculture, industrial development, urban development... The planning orientation for sea encroachment according to regulations creates land funds for functional activities serving socio-economic development.

On that basis, after the merger, Hung Yen province is oriented to form Hung Yen FEZ with a multi-sector, integrated model, connecting economy - trade - finance - technology - energy. Recently, at a working session with comrade Ho Duc Phoc, member of the Party Central Committee, Deputy Prime Minister, comrade Nguyen Khac Than, Deputy Secretary of the Provincial Party Committee, Chairman of the People's Committee of Hung Yen province proposed and recommended that the Government, the Prime Minister and ministries and branches pay attention, consider and approve the policy to allow the province to establish FEZ (on the basis of Thai Binh Economic Zone), and at the same time approve the province to build and apply a specific mechanism and policy framework; consider and allow investment in Diem Dien port area to be able to receive ships with a tonnage of up to 200,000 tons. Developing the marine economy with a multi-sector FEZ model on the basis of converting the existing Economic Zone associated with sea reclamation into a center for research, application, technology development, high-tech industrial production, new energy, transportation services, logistics, seaports, airports, coastal resort urban areas, entertainment; a place where large corporations and enterprises play a key role in global supply chains, a place where talents, intellectual elites, experimentation, creativity, sharing, free connection with the rest of the world, closely connected with localities in the region and organized, managed and governed according to a unique, superior mechanism, creating differences and international competition to form a growth pole of the Red River Delta.

Coastal road section through Thai Thuy commune.

Opportunities for breakthrough in marine economic development

FEZ is expected to be an important "push", thanks to its outstanding incentive mechanism, streamlined administrative procedures, and synchronous infrastructure. When put into operation, FEZ Hung Yen will become an attractive destination for international investors, while expanding development opportunities for domestic enterprises, promoting regional linkages, and forming a modern production - service - logistics chain. Comrade Nguyen Quang Anh, Secretary of the Thai Thuy Commune Party Committee, emphasized: Thai Thuy Commune has a special position in Thai Binh Economic Zone, where many large projects are concentrated, including Lien Ha Thai Industrial Park with more than 40 projects, total capital of nearly 1.6 billion USD. These projects have created jobs for thousands of workers, increased income, and promoted the restructuring of the local economy. Establishing FEZ plus investing in Diem Dien port area to be able to receive ships with a capacity of up to 200,000 tons will open up great opportunities for Thai Thuy to make a breakthrough, especially in the fields of logistics and coastal ecological urban areas.

In Dong Tien Hai commune, some industrial parks such as Hai Long, Tra Xuyen, Hoang Long have been planned. Of which, Hai Long Industrial Park has cleared 130ha/296ha of land for phase 2. Mr. Do Quang Tuan, Deputy General Director of Bao Minh Industrial Park Infrastructure Investment Joint Stock Company (Hai Long Industrial Park infrastructure investor) said: Hai Long Industrial Park is located in a prime location along the Tra Ly River, connecting with coastal roads and provincial roads. In 2025, Hai Long Industrial Park is expected to attract over 600 million USD, striving to complete infrastructure construction and basically fill the Industrial Park by the end of 2026. In addition to traffic advantages, secondary investors also enjoy outstanding tax incentives such as corporate income tax, import-export tax, value added tax, etc. Enterprises hope the province will have outstanding special policies when establishing FEZ.

Hung Phu Industrial Park is being accelerated by infrastructure investors.

According to the representative of the Department of Finance, the unit is urgently completing the report and submitting it to the competent authority for permission to establish FEZ in Hung Yen province on the basis of the former Thai Binh Economic Zone. FEZ Hung Yen will be the place to pilot breakthrough mechanisms and policies associated with Vietnam's development strategy in the new era. This will be an important driving force to attract investment, develop human resources, improve competitiveness, and at the same time create a foundation for the breakthrough of high-tech industries, associated with modern seaport infrastructure and logistics services, serving the industrial development of the province and the entire Red River Delta region.

With a long-term vision and high political determination, Hung Yen FEZ is not only a pilot model but will become a driving force contributing to making the province a new growth pole. This is a testament to the correct leadership of the Provincial Party Committee in promoting marine advantages, linking marine economic development with the formation of FEZ, striving to make Hung Yen a modern industrial province by 2035, meeting the criteria of a class I urban area, turning the aspiration to reach out to the sea into reality, accompanying the country into a new era of the nation.

Nguyen Tham - Tran Tuan

Source: https://baohungyen.vn/bai-2-dinh-huong-khu-kinh-te-tu-do-dong-luc-phat-trien-kinh-te-bien-3186374.html