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Although the Covid -19 situation has a big impact on production and business, BRVT is still one of the bright spots attracting FDI, in the first 10 months of the year, FDI inflows into BRVT province increased to 524 million USD, the forecast of attracting investment is still improved in the coming time. One of the solutions to attract investment of BRVT province is to focus on the development of industrial parks infrastructure along with the implementation of interregional transport projects. - KOA (Kraft of Asia Paperboard & Packaging): Japanese paper packaging manufacturer, with an investment of 450 million USD approved by BRVT province for investment in operating on 30ha in Phu My 3 Industrial Park to build the factory. Phase 1 has been completed and phase 2 is continuing. Mr. Matsumura Hiroshi feels lucky to have invested in Phu My Industrial Park because it is very close to Cai Mep – Thi Vai deep-sea port which conveniently exporting goods, in addition with the infrastructure services in the industrial park meeting international standards such as stable power source, abundant clean water source.

ZOCV (Zinc Oxide Corporation Vietnam ): Mr. Na Jong Hyun said The steel furnace of Korea chooses to invest in BRVT because of the advantages of roads as well as high-quality forces, especially very good infrastructure convenient to produce and transport raw materials. Besides, the province also creates favorable conditions for enterprises to be assured of production and operation. 

Wanek Vietnam: BRVT has completed the procedure of handing over 16 ha of land for the construction of the factory, currently applying for a construction permit.

Iguacu Vietnam: Mr. Yamada Kuniharu said BRVT completed the procedures for granting investment certificates for the project with a total investment of 115 million USD approved by the province in Phu My 3 specialized industrial park.

Additional capital to expand production such as VREC (Vietnam Rare Elements Chemical) increased by $150 million to build new plants. Mr. Kodama Keita said the reason for the expansion of the factory is because he realized that the infrastructure in BRVT is fully synchronized, the environmental protection system is suitable for the company's industry. 

In the first 10 months of 2021, BRVT attracted 18 FDI projects, total registered investment capital of more than 224 million USD. Recorded 15 additional capital increase adjustment projects with additional capital of $206 million USD. So far, BRVT has total of 429 FDI projects with a total investment capital of $29.5 billion USD. Mr. Nguyen Anh Triet – Head of the Ba Ria-Vung Tau Industrial Zones Authority said that investors are now interested in infrastructure to build factories in addition to transport infrastructure connecting and transporting goods.

BRVT continues to identify the target to attract investment, focusing on projects with modern technology, high added value, low labour deficit and non-invasiveness to the environment, while promoting advantages of deep seaport.

Phu My 3 specialized industrial park with a land fund of more than 1,046 hectares and has invested in the international hard infrastructure to serve the operation of projects to invest in the IP. Ms. Nguyen Thi Thao Nhi - General Director of Thanh Binh Phu My Joint Stock Company, the investor of Phu My 3 Specialized Industrial Park, said that electricity, water, and gas are available and provided to the customer's factory fence. There are also features such as sports facilities, specialist housing and especially Phu My inland container deport to combine all these utilities and services to help bring into full play the strengths of the Phu My port industry. Along with that, it is linking existing industries in BRVT such as petrochemical, logistics and manufacturing materials industries to help replace imports, contributing to increasing the localization rate. Currently, Phu My 3 Industrial Park has attracted 25 investors with a total investment capital of 32,000,000 billion VND. In the near future, the IP will also welcome more investors from the US, Korea, Europe, Japan, Taiwan and Thailand. It is expected that the industrial park will attract an additional 2 billion USD soon.

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