An overview of Ba Ria - Vung Tau province (Photo: VNA) Ba Ria-Vung Tau (VNA) – Thesouthern province of Ba Ria-Vung Tau will strive for a growth of 9.11 percentin industrial production in 2019, according to the provincial People’sCommittee.
In 2018, the local industrial productionvalue, excluding crude oil and gas, surpassed 252 trillion VND (10.8 billion USD),a rise of 8.72 percent year-on-year. The growth is attributable to higher steelprices compared to 2017 and additional 19 industrial projects which beganoperation this year.
In the year, the province’s industrial staplesrecorded increases ranging from 0.82 percent to 46.49 percent.
The management board of the provincialindustrial parks said infrastructure and investment climate of the province hasbeen strongly improved, thus drawing more investors. Businesses spent more than1.89 trillion VND (81.27 million USD) on industrial parks’ infrastructure thisyear.
Besides, local industrial parks attracted54 projects in 2018 with registered capital totalling 2.2 billion USD in variousfields, including liquefied gas, zinc bullion bar and screw production,plastics and automobile accessories, among others.
To date, about 2,680 ha of provincialindustrial parks have been occupied, accounting for nearly 47 percent of thetotal area. In 2018, local firms created jobs for around 2,600 workers, raisingtotal number of those who work in industrial parks to more than 58,000. -VNA
In 2018, the local industrial productionvalue, excluding crude oil and gas, surpassed 252 trillion VND (10.8 billion USD),a rise of 8.72 percent year-on-year. The growth is attributable to higher steelprices compared to 2017 and additional 19 industrial projects which beganoperation this year.
In the year, the province’s industrial staplesrecorded increases ranging from 0.82 percent to 46.49 percent.
The management board of the provincialindustrial parks said infrastructure and investment climate of the province hasbeen strongly improved, thus drawing more investors. Businesses spent more than1.89 trillion VND (81.27 million USD) on industrial parks’ infrastructure thisyear.
Besides, local industrial parks attracted54 projects in 2018 with registered capital totalling 2.2 billion USD in variousfields, including liquefied gas, zinc bullion bar and screw production,plastics and automobile accessories, among others.
To date, about 2,680 ha of provincialindustrial parks have been occupied, accounting for nearly 47 percent of thetotal area. In 2018, local firms created jobs for around 2,600 workers, raisingtotal number of those who work in industrial parks to more than 58,000. -VNA
VNA
