Journal of Economic Development
No. 176 , April 2009, Page 16-22


Measures To Attract Investment To Tiền Giang Industrial Parks
NGUYỄN THANH VŨ

DOI:
Abstract
Tien Giang is in the Mekong Delta and Southern Key Economic Zone and therefore, has great potentials for industrial development. In the past few years, Tien Giang has succeeded in maintaining a high growth rate. Its gross output grew by 10% in 2006-08, higher than the national average. Its industrial sector grew by 20.8% in the years 2005-08 helping increase its share in the gross output, which accelerated the industrialization in the province and proved the important role of its industrial parks. My Tho IP is the first one in Tien Giang. It was established by Decision 782/TTg made by the central government on Sep. 20, 1997 with an area of 79.14 hectares. Up to now, four more IPs have been licensed by the central government. They are Tan Huong, Long Giang, Soai Rap IPs and an IP specializing in petroleum technical services (Petroleum Services IP for short). All of them are located in districts with certain advantages. Up till now, however, only My Tho IP has been filled with investment projects while occupancy rate in other IPs varies from 5% to 35%. Examining investment in Tieàn Giang and working out measures to attract it become very necessary for industrial authorities in this province

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