1 INVESTMENT IN CENTRAL VIETNAM INVESTMENT PROMOTION CENTER FOR CENTRAL VIETNAM (IPCC) FOREIGN...
Transcript of 1 INVESTMENT IN CENTRAL VIETNAM INVESTMENT PROMOTION CENTER FOR CENTRAL VIETNAM (IPCC) FOREIGN...
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INVESTMENT IN CENTRAL VIETNAM
INVESTMENT PROMOTION CENTER FOR CENTRAL VIETNAM (IPCC)FOREIGN INVESTMENT AGENCY (FIA) * MINISTRY OF PLANNING AND INVESTMENT (MPI)
2010
FIAVietnamMPI
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Central Vietnam A growing region for investments….
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Favorable location to develop marine-economic sectors
Most attractive Incentive
Rich in natural resources and
tourism attractions
Competitive cost and diligent labour
force
Central Vietnam’s Competitive Advantages
Untapped land and
fast site clearance…
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- Geographic location: Comprising 11 provinces. A gate-way of Greater Mekong sub-region to the East Sea -Coastline: over 1.500 km with many deep gulfs to developing seaport system
- Land area: 82, 832 sq. km, 25% compared with the country
- Population: 12 million accounting for 14% of the country
- GDP average growth rate (2007): 13%
Favorable location to develop marine-economic sectors
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Central Vietnam’s Airport Network
International Airport
Domestic Airport
Danang International Airport (the 3rd biggest one)
Phu Bai International Airport (Hue)
Chu Lai Airport
Phu Cat Airport
Cam Ranh AirportPleiku Airport
Buon Ma Thuot Airport
Dong Tac Airport
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Central Vietnam’s Sea-port Network
Tien Sa (Danang city)
Vung Ro (Phu Yen province)
Quy Nhon (Binh Dinh province)
Chan May (Thua Thien Hue province)
Dung Quat (Quang Ngai province)
Vân Phong (Khánh Hoà province)
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Chan May – Lang Co seaport (Thua Thien Hue province)
Location : 16°20'00"N - 108°00'00"EAccess Channel: 2.7 km of length. Berth depth : -12 m. Highest level water : 11 m,Accommodation capacity: 30,000 DWT (300 m long and 24 m wide)
Capacity
2004 2005 2006 2007 2008
Gross200, 480
MT402,000 MT MT
526,293 MT MT
800,000 MT
800.000 MT
Development Plan
Project Capital Time
* Building bus station No.2 & 3, 440 long, berth of 30,000 DWT, depth – 12.5m. * Tourist ship bus * Beakwater of 500m.. * Service area of mechanics
VND 2.500 Bil~ US$ 150 mil
2010
Soure: VN Seaports Assosociation
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Tien Sa Seaport (Da nang city)
Location : 16°07'02"N - 108°12'08"E Access Channel: 6 km of length. Berth depth : -10-17 m. Highest level water : -12 Accommodation capacity: 45,000 DWT and2,000 TEU
Capacity
Development Plan
Soure: VN Seaports Assosociation
2002 2003 2004 2005 2006 2007 2008
Gross2.0MT
2.1MT
2.3MT
2.2MT
2.3MT
2.73MT
2.7MT
Project Total Capital Plan time
Sơn Trà Port VND 100 bil 2009-2012, Under
construction
Tien Sa seaport 2nd Stage :- 500 m long bus- 50,000 DWT, 3,000 TEU
US$ 60 mil 2010-2012
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Competitive land and office rental rate
Costs/ Area
Land rental in IZs, EPZsUSD/m2/naêm (USD/m2/year)
Average rental fee Public utility & maintenance fee
North Vietnam
Hanoi 1.13 – 1.68 0.3 – 0.4
Bac Ninh 0.29 0.4
Central Vietnam
Danang 0.4 – 0.9 0.2
Thua ThienHue
0.5 0.15
SouthVietnam
HCM city 1.06 – 2.09 0.84
Dong Nai,Binh Duong
0.84 – 1.5 0.3 – 1.2
Source : IPCC -2010
International standard office rental (USD/m2/month) 27.5 – 73.2 12.0 – 30.0 82.5
Housing for rent applicable to foreigners (USD/month) 2,100 – 3,600 1,050 – 1,400 2,550
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Many world cultural and natural heritage sites recognized by UNESCO, namely Hue Citadel, Hoi An Ancient Town, My Son Holly-land and Hue royal ceremonial music.
- To be diversified in terms of flatlands, midlands, mountainous and sea areas.
- Rich in high - value economic seafood. Abundant sand mine with a large reserve, especially silica sand.
- Rich in mineral resources such as gold, bauxite, titanium, limestone, kaolin, oil, gas...- Large forest area provides with several kinds of precious and rare timber and special plants.
Well - known tourist sites and rich in natural resources
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Competitive labour cost
Majority of population are young, healthy and able to quickly acquire modern technology with lower labor cost than other
provinces and cities in the country
Source : IPCC - 2010
Provinces/Cities Hanoi Danang HCM city
Manpower costs (USD/month) - Legal mimimum wage - Workers (general industry) - Mid-level Engineers- Mid-level Managers
70.7 95.8270.4798.0
65.0 80.0
200.0 500.0
70.7 95.8270.4798.0
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Central Vietnam’s FDI(1988 – July,2009)
676 projectsTotal registered capital: US$ 24.8 billion (12.8 % of whole country)Disbursement : Over US$ 1.3 billion Creating more than 60,000 direct jobs
Unit: US$ Mil.
112 464 18003300
10020
6298 498545166733
20300
71000
1974617229
10201
0
10000
20000
30000
40000
50000
60000
70000
80000
2004 2005 2006 2007 "08 2009 2010
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TOP 10 FOREIGN INVESTORS IN CENTRAL VIETNAM (1988 – 2010)
Unit: USD
No. National/Territory
Number of
Projects Registered capital Percentage
1 Singapore 37 5,499,388,000 22.14%
2 Brunei 2 4,346,870,000 17.50%
3 Taiwan 105 3,622,251,529 14.58%
4 Korea 88 2,671,044,206 10.75%
5 USA 62 2,471,519,021 9.95%
6 BritishVirgin Island 29 1,332,725,684 5.37%
7 Rusia 13 1,071,649,483 4.31%
8 U.K 15 1,061,239,790 4.27%
9 Hong Kong 34 534,951,670 2.15%
10 Japan 77 360,482,435 1.45%
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Some successful cases
Established in 2005 in electricity and automobile
Textile and real estate established in 2005
I.Z development
Steel
Heavy Industry
Steel supply
Tourism and real Estate Tourism and real Estate
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Investment opportunities in Central Vietnam
-Infrastructure development: Transportation system (roads, Airport, seaport, I.P, E.Z…)
-Services : Tourism, real estate development, finance, training, health care…
Industry: Petro-chemical, aircraft repair, ship building, car assembly, electronic, supporting industry, bio-technology, new and light construction material, consumer goods production, IT…
Exploration, mining and processing of minerals
Processing & producing foods
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Southern foreign investment
center
Southern foreign investment
centerIPC-centralIPC-centralIPC-northIPC-north
FIAVietnam
FIAVietnam
Foreign investment agency (FIA)
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INVESTMENT PROMOTION CENTER FOR CENTRAL VIETNAM (IPCC)An organization under Foreign Investment Agency (FIA), Ministry of
Planning and Investment (MPI) functioning investment promotion activities over provinces and cities in Central and High Lands region from
Thua Thien Hue to Khanh Hoa provinces.
Address : 102 Quang Trung Str., Danang city, Vietnam Tel. : (84 - 511) 3889 669 / ~3889 689 Fax : (84 - 511) 3889 679 Email : [email protected] Website : Http://centralinvest.mpi.gov.vn
Welcome to Central Vietnam !
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Thank you!