Son La works to attract investment to industrial parks

Alongside ongoing efforts to develop technical infrastructure and ensure ready land availability for investment projects, the Son La provincial Industrial Parks Authority (SIPA) has actively innovated and enhanced its investment promotion strategies to improve the investment climate within local industrial parks (IPs).

 

The Son La provincial Industrial Park Authority launches investment promotion activities.

The authority has coordinated with relevant departments to advise the provincial People’s Committee in reviewing and supplementing new industrial parks into the provincial master plan for the 2021-2030 period, with a vision to 2050. The aim is to meet the growing demand for industrial infrastructure, attract new enterprises and projects, and promote modern, large-scale, environmentally sustainable production.

The province targets the development of five industrial parks totaling approximately 1,000 hectares by 2050. For the 2021-2030 phase, Mai Son IP is set to reach 150 ha and Van Ho IP 216.6 ha; after 2030, Mai Son IP will be expanded to 312 ha. By 2050, further industrial parks will be developed in Long Sap, Yen Chau, and Chieng Khuong.

Nguyen Duc Dung, head of the SIPA, stated that in 2025, the unit is implementing multiple measures to boost investment efficiency at Mai Son IP. These include streamlining administrative procedures, enhancing transparency in planning and policy, and hosting regular business dialogues to support investors and resolve difficulties. The province is also prioritising the promotion of modern, environmentally friendly, export-oriented, and fiscally contributive projects.

Investors in the province's industrial parks have received comprehensive support, from site selection and investment certification to project implementation and business operations. Currently, 100% of public services are provided online, with 97.6% of administrative procedures fully digitised (42 out of 43 procedures). All documents are processed ahead of deadline under a standardised quality management system.

A delegation from the Son La provincial Industrial Park Authority visits Dream Plastic’s factory in Ninh Binh province.

In terms of investment promotion, the authority has actively gathered investor information through various channels and developed direct engagement plans, including project surveys and assessments in other provinces. Since the beginning of the year, its delegations have visited An Giang, Dong Thap, and Ninh Binh provinces to seek investment. It has coordinated with the Vietnam National Real Estate Association’s Son La branch to promote the potential of Mai Son IP and seek investors meeting the province’s vision for processing and supporting industries. 

In early August, the SIPA conducted investment promotion visits to Dream Plastic Co., Ltd. and Mavin Food Joint Venture Co., Ltd. in Ninh Binh, introducing Son La’s natural and socio-economic conditions, and the development potential of its industrial parks. Key highlights include a young, skilled labour force and foundational infrastructure that meets industrial production and business needs.

Jang Kyuong-ho, Deputy CEO of Dream Plastic, shared that the company plans to build a factory for manufacturing and processing children’s toys and plastic products in Mai Son IP, with a total investment of over 180 billion VND (6.83 million). The plant is expected to be completed and operational by March 2026, employing around 1,200 local workers and generating estimated monthly revenue of 2 million USD.

To date, Mai Son IP - Phase I has attracted nine projects with a total registered capital of over 1.45 trillion VND, occupying 30.44 ha of land, with an occupancy rate of 66%. Most projects align with the province’s focus on key industrial sectors and investment priorities.

With strategic direction and coordinated measures in investment promotion, infrastructure development, and prioritisation of deep processing and high-tech, eco-friendly industries, the SIPA is gradually unlocking the region’s potential. These efforts contribute significantly to enhancing industrial output, fostering sustainable economic growth, and creating strong momentum for the province’s socio-economic development.

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