SHTP reports reveal that since the beginning of this year, SHTP has issued a new investment certificate with registered capital of nearly 163 billion VND (approximately $ 7.1 million) and adjusted the certificates of 21 projects. (attracting over $ 784 million more for 3 projects and VND 6 billion or $ 260,000 for other national projects).
So far, SHTP has managed 164 projects with valid investment certificates, for a total investment capital of $ 8.4 billion.
Despite the difficult conditions during the last Covid-19 outbreak in HCMC, SHTP was able to maintain its manufacturing activities. Its production value in the first 6 months of this year reached $ 11.24 billion, an increase of more than half from the same period last year. This represents 45 percent of the assigned target. SHTP’s export and import values are $ 10.46 billion and $ 9.3 billion, respectively.
The correct focus on high-tech projects is the basis for ensuring the sustainable growth of the industrial production of the park in recent years.
During the meeting with member companies in early 2021, SHTP’s board of directors set itself the goal of becoming the main contributor of export turnover to HCMC. In particular, it aims to achieve an export value of 30 billion dollars and a national added value of more than 35% by 2025. It is a rather difficult task due to the difficulties related to the current pandemic in Vietnam.
To ensure smooth and safe operation of the SHTP, management followed the instructions of the HCMC People’s Committee to collect more than 20,000 samples for testing for Covid-19. So far, SHTP has continuously reminded its member companies to strictly adhere to Covid-19 prevention methods such as the 5K rules and the regular use of disinfection products on their premises. SHTP workers were also vaccinated.
“Covid-19 has negatively affected SHTP investment decisions and business market expansion activities here. Therefore, SHTP hopes that the municipal authorities will publish a set of criteria for the evaluation and selection of investment projects in our park as soon as possible. Without it, the Management Board will have great difficulty in choosing projects which do not fall within the investment policy or which are not subject to the Technology Transfer Law ”, declared Le Bich Loan, Deputy Director of the Management Board of SHTP. .
In addition, the failure to attract AT&S Austria Technologie & Systemtechnik Aktiengesellschaft – the second largest motherboard producers in the world shows that SHTP needs to invest more in land clearing, construction of the second wastewater treatment plant and ‘improvement of the gas supply system in order to meet the infrastructure demands of giant companies around the world.