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Dai An Industrial Park (Hai Duong province) was established in 2003. It places in km 51, National road No 5, next to Hai Duong city and has favorable traffic conditions. This Industrial Park has an area of 664 ha. The total investment capital for constructing infrastructure was about VND 1800 billion with investor is Dai An joint-stock company. The construction plan was divided into 2 phrases. The 1st phrase (the 1st zone) constructed an area of 189,92 ha including 170,82 ha of industrial land and 19 ha of residential area. The 2nd phrase (the 2nd zone) started constructing in 2007 with an area of 474 ha, in which 403 ha is for industrial and 71 ha is for residential use.
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The total capital used in a certain period of time is one of the criteria to evaluate the effectiveness of FDI projects, therefore, the on time capital disbursement shows the success of investment preparation, building and bring into practical processes. The above-mentioned factors are the results of the participation of Governmental and provincial agencies to create favorable investment condition for the foreign investors to invest in Vietnam
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In the context of deeper and wider renovation in institution and investment environment, activities of IPs and EZs in 2007 continue their recent growth rates. IP and EPZ system has seen a number of remarkable features:
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In 2007, the national economy has reached the highest growth rate within the last 10 years, of which GDP has increased by 8.5%. The economic mechanism continues to shift towards positive trends: the proportion of agricultural sector reduces to 20% from 20.4%; concurrently with the increase in the proportion of industrial and construction sector to 41.8% from 41.5%. Export turnover rises to 20.5%.
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One of the comparative advantages that foreign investors want to seize could be the abundant and cost-saving labor force supply. The latest survey by Institute of Worker and Trade Union (under the Labor General Federation of Vietnam) with respondents from 60 FDI enterprises located in Ho Chi Minh City, Dong Nai, Binh Duong, Ba Ria – Vung Tau, Ha Noi, Vinh Phuc, Bac Ninh, Hai Duong and the total labor force of 80 employees shown noteworthy results.
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