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Standing side by side with investors

With the point of view “success of investors is the success of Quang Ngai”; The leaders of Quang Ngai province toghether with Dung Quat Economic Zone and the Quang Ngai Industrial Parks Authority (DEZA) always accompany the investors to create conditions and support for investors  investing in Dung Quat EZ and Quang Ngai IP.

Chairman of the Provincial People’s Committee Tran Ngoc Cang and Mr. Nguyen Minh Tai – Chairman of DEZA  checked the situation of land clearance in Dung Quat Industrial Town.

Right from the start of the investment research

Dung Quat gas-power plant project is one of the motive power for the development of Dung Quat EZ and Quang Ngai IPs. Therefore, from the beginning of the year, DEZA has coordinated and supported Exxon Mobil Group  to carry out some tasks; for example: studying soil samples in the dry and rainy season to complete the Environmental Impact Assessment (EIA) report, providing pipeline placement for the Group to survey and have the geological research.

Ms. Patty Graham, representative of Exxon Mobil Group said: “The leaders of Quang Ngai province’s and DEZA has created favorable conditions and focused on assisting the Group in surveying and implementing the project. The Group is carrying out the preliminary and overall design of the project in order to achieve the first gas flow by the end of 2023. “

EVN and Sembcorp Group are the investors of three Dung Quat Gas-fired Power Plant with the capacity of 750MW each. In which, Sembcorp is the owner of Dung Quat II Gas-fired Power Plant project; EVN is the investor of the Dung Quat I & III project. It is expected that these plants will be put into operation in 2023, 2024 and 2026 respectively.

For these two groups, the main support is to connect with the consultant in adjusting the site and providing relevant data to make feasibility study reports for the project. At the same time, guiding and assisting Sembcorp and EVN in completing the necessary procedures related to the projects; Also providing information on the plan of compensation and ground clearance for the project chain.

In addition to connection support, DEZA also focused on site clearance. Up to now, 25.3ha/54.7ha have been launched; The remaining area of the power plant (29.4ha) and 6ha for the operation and resting area are expected to be handed over in 2019, “said Dam Minh Le, Vice chairman of DEZA.

… to make investment and put into operation

In parallel with the investment attraction, DEZA also stand side by side with the investors to timely coordinate and solve difficulties as well as obstacles. So that DEZA can create conditions for investors to deploy the project on schedule.

After issuing Investment Certificate for Hoa Phat Dung Quat, DEZA acted as a counsellor for the provincial People’s Committee to establish an Interdisciplinary Working Group to assist Hoa Phat in the implementation process. Remarkably, the person who are in charge of this group is the Standing Vice Chairman of the provincial People’s Committee. That means, all difficulties or obstacles will be resolved immediately by the Vice President, in cases of exceeding the authority, they must report to the provincial Chairman and the Provincial Standing Committee. Dinh Van Chung, deputy director of Hoa Phat Dung Quat, said: “We highly appreciate the efforts of Quang Ngai authorities in attracting investment and economic development. Although Hoa Phat has just started the project in Quang Ngai, we always receives timely support from the provincial authorities to help the project to be implemented on time. Hoa Phat decided to implement phase 2 right in 2017, earlier than initial plan. It is expected that the entire project will be completed by the end of 2019. “

Mr. Le Han Phong – Vice Chairman of DEZA visited Lilama JSC

Established 3 years ago, all members of the Interdisciplinary Working Group at VSIP Quang (VSIP Quang Ngai) have been working effectively. This has created favorable conditions for investors at VSIP Quang Ngai. Mr. Edmund Chong – Deputy General Director of VSIP Quang Ngai Co., Ltd highly appreciated the performance of the Interdisciplinary Working Group in recent years. ” the Interdisciplinary Working Group has been standing side  by side with investors and businesses. The performance of the Group are highly appreciated by investors. The group also contributes greatly in attracting investment in VSIP Quang Ngai “said Edmond Chong.

Together with advising the provincial People’s Committee to promulgate a financial support mechanism for enterprises, DEZA also regularly organizes training courses to assist enterprises in natural disaster prevention and control, labor contracts, salary and social insurance; have dialogues with businesses to listen to their suggestions, share difficulties as well as problems …

Since the beginning of the year, Dung Quat EZ and Quang Ngai IPs has attracted 21 projects with the total investment capital of more than US $ 3.2 billion (including five FDI projects with total investment capital of more than US $ 269 million). Up to now, Dung Quat EZ and Quang Ngai Industrial Zones has attracted 247 projects, with a total investment of nearly $ 11 billion.

Mr. Dam Minh Le – Vice Chairman of DEZA visited and congratulated the Enterprise on the occasion of Vietnamese Entrepreneurs Day.

Continuing to promote existing advantages; such as: deep sea- ports, infrastructure, airports, highways …DEZA will continue to renovate the management and investment promotion, focus on  fields which Dung Quat EZ and Quang Ngai IPs has comparative advantages; Also Strengthening the support and cooperation with investors. At the same time, coordinating with the training institutions to train high quality human resources in order to meet the needs of investors.

By T.Giang

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Agency:Copyright by the Dung Quat Economic Zone and Quang Ngai Industrial Parks Authority
Editor:Mr.Dam Minh Le - Vice Chairman
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