Kien Giang sets goals for industrial, export breakthroughs in 2025

According to a representative of the Kien Giang provincial Department of Industry and Trade, the fact that input material costs are on the rise, the local shortage of raw materials for processing has not been resolved; and barriers and trade defense policies of import markets are increasingly difficult... will strongly affect production and business activities and growth of the industrial sector.

Kien Giang Province now has five industrial parks on a total area of ​​about 840 hectares

Specifically, to achieve the set goals, the province has directed related sectors to regularly and closely monitor the industrial production activities to provide timely support, remove difficulties for local businesses to stabilize production and business activities, and boost exports. At the same time, improve the quality of administrative reforms, continue to review overlapping regulations to avoid impacts on businesses.

The province will keep implementing support policies under the Party Central Committee’s socio-economic recovery and development program to help businesses overcome difficulties, recover stable production, especially in key industrial sectors.

In particular, the province will continue to enhance the leading role and responsibility of the provincial industrial production recovery steering committee in advising competent authorities to promptly remove difficulties and obstacles to help them boost production and business activities.

The official added that Kien Giang Province now has five industrial parks (IP), on a total area of ​​about 840 hectares, including Thanh Loc IP with more than 251 ha, Thuan Yen IP nearly 134 ha, Tac Cau IP 68 ha, Xeo Ro IP 210.5 ha and Kien Luong II 175 ha.

In addition, the department will review the investment progress of major industrial projects in the province, especially in IPs to remove difficulties and obstacles for investors and enterprises to promptly complete and put into operation investment projects, and increase the industrial capacity in 2025.

On the other hand, the province will mobilize resources to accelerate the progress of infrastructure investment projects in industrial parks and clusters to attract investment, creating room for growth; striving to complete basic construction at Thanh Loc IP (phase 2) on an area of 100 ha, and Thuan Yen IP on nearly 134 ha and calling for investment in Xeo Ro IP, at the same time, striving to fill the remaining area of ​​Thanh Loc IP (phase 1) on nearly 152 ha.

Regarding foreign trade, the province will support and create favorable conditions for enterprises to directly participate in foreign distribution networks in the province; implement Free Trade Agreements (FTAs) and the province’s plans on following its import-export strategy until 2030, improve the effectiveness of international economic integration, and promote rapid and sustainable economic development.