The PPE export packaging production project at Phuc Ung Industrial Cluster of WooJin Vina Korea Co., Ltd. has come into operation, creating jobs for many local workers.
The focus is on developing the processing, manufacturing and energy industry towards a circular economy and green growth.
The Erex Sakura Tuyen Quang Biomass Fuel Plant project is invested in construction on an area of 3.3 hectares in Long Binh An Industrial Park. The factory has a designed capacity to produce 150,000 tons of biomass pellets/year, 150,000 tons of wood chips/year, with a total investment of more than VND478.8 billion. The factory is expected to operate in 2025.
The project to build a fresh fruit and vegetable processing factory of JW Agricultural Products Korea Co., Ltd. in Phuc Ung Industrial Park (Son Duong) is of great significance to the economic development of Tuyen Quang and local farmers. Linking with cooperatives to build a raw material area on an area of 20 hectares helps to form a sustainable production chain, ensuring sufficient supply of raw materials for the factory, creating jobs for farmers.
In addition, frozen products exported to major markets such as Korea, the US and Europe help affirm the quality of Tuyen Quang agricultural products in the international market. The project is also a step forward in attracting foreign investment, improving local agricultural processing technology, and actively contributing to the economic development and international integration of Tuyen Quang.
In the period of 2021 - 2025, the province has attracted the attention of many potential investors to invest in business projects in the province such as: VinGroup; Danko Group; Flamigo Group, etc.
To date, the province of Tuyen Quang, there have been 284 completed projects put into production and business operations, accounting for 72.2% of the total number of projects, with a total investment of over VND26,800 billion.
In the coming time, the Department of Industry and Trade will strengthen coordination with other sectors to advise the Provincial People's Committee on solutions to speed up progress, put into stable operation projects expected to have high industrial production value and large budget revenue. Along with that, the province will promote administrative procedure reform and implement policy mechanisms to create more attraction for investors; including the industrial production sector.
Tuyen Quang province strives to have the province's industrial value reach over VND27,700 billion by 2025, with the industrial structure in the province's GRDP reaching 23.92%.
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