Towards A Quality and Sustainable Industry

Tay Ninh province has gradually restructured its industrial production to increase scientific and technological contents and the localisation rate in products, and shift from outsourced production and assembly to manufacturing and processing. On the whole, Tay Ninh province industry will attract projects to develop industrial zones and gradually become a quality and sustainable economic sector.

Synchronous and efficient

At present, Tay Ninh industry has formed a relatively synchronous system of five sectors (agricultural product processing, brick and cement, rubber and plastic, garment and textile, and tanning), which make up 77.73 per cent of the province’s industrial production value. The processing industry has 126 active enterprises, mainly producing refined sugar and tapioca. In the 2010 – 2016 period, the industrial production value increased 11.46 per cent a year on average. The garment and textile currently has 59 operating enterprises, mainly engaged in textile, yarn and costume production. In the 2010 – 2016 period, the industry posted an average annual growth of 23.4 per cent.

The leather and footwear industry has changed dramatically. While it occupied only 1.9 per cent of local industrial value in 2005, it jumped to 18.68 per cent in 2016. On average, in the 2010 – 2016 period, it climbed 61.94 per cent a year. The rubber and plastic industry now has 40 active companies, which make tyres, technical rubber and plastic products. In the 2010 – 2016 period, its production value increased 23.64 per cent a year on average. The non-metallic mineral industry currently has 68 companies turning out a wide range of products such as cement, clinker, baked clay bricks, foamed concrete bricks and concrete bricks. Notably, the cement production value makes up for 74.3 per cent of this industry.

Accelerated restructuring

In the 2016 – 2020 period, the industry and trade sector of Tay Ninh province will endeavour to achieve an average annual industrial growth of at least 14.5 per cent, and the industrial and construction sector will account for 41 – 42 per cent of the economy to create a solid foundation for gathering pace on the path to industrialisation and modernisation, to become a modern industrial province in 2020. In this period, the province will give priority to developing processing industries to produce sugar, tapioca, rubber and minerals; attract investors to develop supporting industries for garment and textile, leather and footwear, hi-tech mechanical, electric and electronic equipment and component production. Particularly, Tay Ninh province will focus on solutions to unlock capital resources, labour, science and technology; mobilise and efficiently use investment resources to developing infrastructure in industrial zones to attract industrial development investment projects.

Mr. Cong said that core tasks of the Tay Ninh industry and trade sector in this period are accelerating restructuring to shift from outsourcing to manufacturing to increase scientific and technological contents and the localisation ratio in products. It will encourage and support economic sectors to develop export production, processing industries and hi-tech industries by stimulating enterprises to invest in agriculture, developing small and medium-sized enterprises (SMEs), and offering tax incentive policies. Tay Ninh will also invest in developing priority industries and supporting industries to attract investment projects with high scientific contents.

Duy Anh

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