Hiep Duc commune aspires for double-digit growth from investment wave

DNO - In the new term, Hiep Duc commune aims for an average economic growth of 11% per year, aiming for a harmonious development structure, in which industry - construction and trade - services account for an increasingly large proportion. To achieve this, attracting investment is considered the key, the direct driving force to open up job opportunities, create budget revenue and improve people's lives.

Local leaders and investors conduct a field survey of potential areas. Photo: VAN LUAN

Open business direction

A positive signal for Hiep Duc commune recently is that Asia Pharmaceutical and Cosmetics Group Joint Stock Company (AZGroup) of businessman Dinh Huu Hung, from Que Son Trung commune, Chairman of the Board of Directors and General Director, decided to expand its investment. According to the plan, AZGroup will implement a biomass pellet and activated carbon factory project, with a total capital of 60 billion VND, after the initial survey and preparation process.

However, after surveying the potential of local raw materials, the company decided to increase its investment capital to more than 80 billion VND, and at the same time add deep processing of agricultural products to increase value. The factory located in Hiep Duc commune has a designed capacity of 100,000 tons/year, targeting export markets, especially Japan, Korea and Europe.

Mr. Dinh Huu Hung said that the pellet and activated carbon production industry has a wide open market, especially in the trend of clean energy and biological products. AZGroup chose to invest in Hiep Duc not only because of the abundant raw materials, but also because of the desire to return to contribute to the development of the homeland.

AZGroup surveyed the actual factory investment area in Hiep Duc commune. Photo: VAN LUAN

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It may be small at first, but when conditions are favorable, we will continue to expand, making Hiep Duc an important production location, contributing to job creation and creating a stable source of income for the locality.

Mr. Dinh Huu Hung, AZGroup

Along with AZGroup's pellet project, another enterprise also proposed planning the Binh Hoa Industrial Cluster with a scale of nearly 65 hectares, divided into two phases (45 hectares and 20 hectares), focusing on the following fields: garment, medicinal processing, construction materials and agricultural products.

In particular, recently, Hiep Duc commune has also attracted the attention of many private investors. Among them, businessman Le Hung Anh, General Director of BIN Corporation Group, directly went to the locality to survey and learn about opportunities to develop production projects associated with trade and services.

The fact that many investors choose Hiep Duc shows that this mountainous area is gradually becoming a new destination, a place where the potential for developing processing industry associated with logistics services converges, meeting the needs of the expanding market.

Synchronous infrastructure development​

Mr. Luu Hoang An, Chairman of Hiep Duc Commune People's Committee, said that in recent times, the locality has proactively sought opportunities, but the biggest bottleneck still lies in the infrastructure of industrial clusters. The commune has repeatedly reported and proposed that the city pay more attention to infrastructure investment to form industrial clusters and create production space for businesses.

"For mountainous localities that are already in the industrial cluster planning network but have not yet been established, a separate mechanism is needed to both support capital and guide procedures so that investors can feel secure in implementing. This is a prerequisite to open up space for industrial development in mountainous areas," said Mr. An.

According to Mr. An, one of the current outstanding issues is the Tan Binh industrial cluster with a scale of 20 hectares, which is included in the planning approved by the Prime Minister but has not yet had a decision to establish it, nor has there been a detailed plan.

The Standing Committee of the Party Committee of Hiep Duc commune works with businesses to promote investment activities. Photo: VAN LUAN

The People's Committee of Hiep Duc commune has agreed on a location for AZGroup to research and invest in a Biomass wood pellet factory, but the project is only at the preparation stage. The commune government has repeatedly requested the city and related departments and branches to quickly remove obstacles and support procedures so that the project can be implemented, because the success of this project will be the opening signal, creating confidence for other investors to come to Hiep Duc.

According to Mr. Le Quang Quynh, Secretary of the Party Committee of Hiep Duc commune, to create more investment attraction, in recent times, the locality has also organized meetings and worked with individuals and businesses on field surveys, and sent a working delegation to Ho Chi Minh City to meet with the Da Nang Association of Fellow Countrymen to connect and promote investment opportunities.

"The goal for the 2026 - 2030 period is an average GRDP growth rate of 11% or more, with the economic structure shifting towards industry - construction and trade - services playing a leading role. We identify attracting investment and increasing the proportion of industry and services as the key for Hiep Duc to grow and keep pace with the city's overall development process," Mr. Quynh affirmed.

Source: https://baodanang.vn/xa-hiep-duc-khat-vong-tang-truong-2-con-so-tu-lan-song-dau-tu-3303794.html