The first central industrial park in Thai Nguyen province, Song Cong I Industrial Park is developed by Thai Nguyen Industrial Zone Infrastructure Development Joint Stock Company. Emphasizing a commitment to sustainable development in partnership with investors, the park benefits from a favorable investment attraction policy implemented by the local government. Its favorable location and convenient transportation connections position Song Cong I as a leader in attracting investment, fostering innovation, and driving economic and social development in the region.
The Executive Board of Thai Nguyen Industrial Zone Infrastructure Development Joint Stock Company
Appeal from a modern green industrial park
Compared to other provinces and cities, Thai Nguyen has many comparative advantages in geographical location. Adjoining Hanoi, the capital of Vietnam, the province is an economic and social exchange center for the northern midland and mountainous region and the northern delta region, a traffic hub of roads, railways and waterways connecting provinces and cities in the region and throughout the country.
Recognizing these potential strengths, the Thai Nguyen Provincial People’s Committee and Thai Nguyen Industrial Zone Infrastructure Development Joint Stock Company decided to invest in building Song Cong I Industrial Park, the first central industrial park in the province. Along with its prime location, its allure also comes from the modern infrastructure system which consists of power grid, water supply system, communication system, wastewater treatment plant, and internal and external traffic roads to meet tenants’ needs.
To reaffirm its strong commitment to sustainable development, Thai Nguyen Industrial Zone Infrastructure Development Joint Stock Company has also taken specific steps to realize its commitments. Specifically, the company has operated the wastewater treatment plant with a daily capacity of 2,000 cubic meters, consisting of two physical-chemical and biological modules. The treated wastewater from Song Cong I Industrial Park meets Column A discharge standards. Additionally, the facility is equipped with an automated wastewater monitoring station that operates continuously, transmitting data to the Department of Natural Resources and Environment. Environmental monitoring results for the first and second quarters of 2024 indicate that all environmental indicators at the park remained within permissible limits.
Air environmental protection in the industrial park meets QCVN 05:2023/BTNMT and QCVN 26:2010/BTNMT standards. Regarding wastewater collected, some indicators such as COD, BOD5, TSS, Fe, and Coliform exceed the mandatory limits but, after being treated, all indicators are brought below allowable thresholds. Regarding sludge samples, the indicators also meet QCVN standards, thus showing that environmental treatment has been carried out effectively and comprehensively, contributing to supporting tenants.
A key highlight in environmental management is the proposal to develop a loss rate and establish a new tariff for wastewater treatment services. This initiative, expected to be finalized in the fourth quarter of 2024, aims to ensure fairness and efficiency in service utilization. The company continues to carry out environmental sanitation, including collecting household waste and maintaining revenue from waste collection and servicing in the industrial park. This not only helps maintain a clean environment but also creates a stable source of income.
The Head Office of Thai Nguyen Industrial Zone Infrastructure Development Joint Stock Company
Toward sustainable development
Mr. Nguyen Ngoc Hung, Director of Thai Nguyen Industrial Zone Infrastructure Development Joint Stock Company, said: Since its inception, Song Cong I Industrial Park has been designated as a heavy industrial park focused on key manufacturing sectors, including steel billet smelting from scrap using medium-frequency electric furnaces, garment production, zinc electrolysis and electronics manufacturing.
Up to now, it has attracted nearly 60 investment projects, typically including TNG Investment and Trading Joint Stock Company, Thai Nguyen Nonferrous Metal Joint Stock Company - Vimico and Toan Thang Steel Joint Stock Company. The formation of Song Cong I IP has created jobs for people in Thai Nguyen and neighboring provinces, contributing to local socioeconomic development and sustainable growth.
In addition to its focus on developing a modern green, smart industrial park, Thai Nguyen Industrial Zone Infrastructure Development Joint Stock Company revised its planning to match local and regional planning approved by the Prime Minister. Moreover, it is necessary to revise the industrial park investment project, adjust environmental impact assessment reports and construction drawing designs, and complete procedures by law.
The company has proposed several strategies to enhance debt collection, including organizing face-to-face meetings with business leaders, implementing penalties for late payments, and offering installment plans for businesses facing difficulties. These efforts aim to ensure financial stability, while also supporting environmental protection and sustainable development.
Thai Nguyen always defines industry as a "pillar", a driving force for economic growth. The province aims to become a modern smart industrial economic center of the northern midland and mountainous region and the Hanoi capital region by 2025 and completing the industrial park infrastructure is a top criterion to soon achieve this goal.
| In the first six months of 2024, Thai Nguyen Industrial Zone Infrastructure Development Joint Stock Company achieved 52.2% of its business targets outlined in the resolution of the 2024 General Meeting of Shareholders. The company reported total revenue of VND17,884 million and a pretax profit of VND3,825 million. It invested VND861.5 million in infrastructure construction and repairs, as well as in the wastewater treatment plant, with VND525.5 million allocated for infrastructure and VND336 million for wastewater treatment efforts. |
In the coming time, the company will continue to complete the infrastructure to meet requirements for a green and sustainable industrial park by expanding green projects, attracting quality eco-friendly investors and projects, Director Hung said. Tenants within the industrial park will be selected based on their commitment to high-quality standards and adherence to environmental criteria. Song Cong I Industrial Park is dedicated to increasing investments in sustainable environmental protection technologies to benefit the local community in the long term.
The sustainable investment of Song Cong I Industrial Park not only creates a long-term effective investment environment for investors but also enables Thai Nguyen province to draw major investors and create more jobs for local people.
“The company seeks increased support and collaboration from authorities at all levels and local communities to expedite the project's operation. This will ensure adherence to committed timelines and facilitate the welcoming of investors to the industrial park, thereby contributing to local sustainable development,” he expected.
By Duy Anh, Vietnam Business Forum
Vietnamese
